forex trade oil

Crude oil prices were higher this week as the latest data from the Energy Information Administration showed that US crude oil inventories fell for a fifth week last week, dropping 2.1 million barrels to 394.1 million barrels per day for the week ending September 14th.  Crude stockpiles are now back down to levels not seen since February 2015. Ho...

2018-09-20 James Harte Read more
crude oil

Following strong sales over the prior week, crude oil prices were higher this week in response to the latest data from the Energy Information Administration showing that US crude oil inventories declined by 5.3 million barrels. [shortcode-variables slug="act_tradeideas"] Breakdown of the data for the week ending September 7th US crude...

2018-09-13 James Harte Read more
crude oil

The latest report from the Energy Information Administration showed that US crude oil inventories last week fell back to their lowest levels since 2015. In the week ending August 31st, commercial US crude stocks shrank by 4.3 million barrels to 401.49 million barrels. [shortcode-variables slug="act_tradeideas"] Trade Concerns Weigh Despite ...

2018-09-07 James Harte Read more
Reversals vs Volatility

In this episode, Richard is following up on his previously posted “Trends And Reversals – Patterns And Correlations” article, in which a spike in volatility was underlined, as a possibility, along with a chance for the Market to commence a reversal sequence. The dollar bulls are showing signs of potential exhaustion, while metals and the EUR ...

2018-08-20 Richard Tataru Read more
forex crude oil

OPEC reports lower production from Saudi Arabia Th USA imposes fresh sanctions on Iran, threatens nations still trading with Iran Weekly crude oil inventories report a build up EIA revises down U.S. oil production for 2018 Oil prices were seen trading mixed during the week amid a mixed fundamental outlook. While the core fundamen...

2018-08-16 John Benjamin Read more
technical analysis 10th august

Daily Forex Market Preview - 10/08/2018 The markets were trading mixed with the U.S. Dollar managing to hold firm by market close. The markets were influenced by headline reports about China imposing a new round of tariffs of $16 billion. [shortcode-variables slug="learn-forex-basics"] Reports about the ongoing tussle between the U.S. and...

2018-08-10 John Benjamin Read more
markets vulnerable

In this episode, Richard is following up on the previously posted “Bullish Patterns on Gold – EUR Stronger – Investors looking at YEN” article, and continuing the views he share during the “The World Cup NFP! – LIVE” webinar. Richard is also backing his volatility spike theory, previously posted with the “Trade War Sentiment – Volatility Spik...

2018-07-17 Richard Tataru Read more
opec meeting

All eyes were on Vienna last week as the OPEC nations and Russia met over two days for the semi-annual OPEC meeting. The main focus of the meeting was whether the OPEC nations and Russia could agree to reaching a deal to plug the void left by Iran. Iran was cut off from the Oil markets following the U.S. Trump administration pulling out of th...

2018-06-27 John Benjamin Read more

Fundamental Analysis & Overview OPEC, the cartel of petroleum exporting nations, are holding meetings today, the 22nd of June 2018. This meeting is held as usual in Vienna and it will most likely have a direct impact on the price of crude oil. The United Arab Emirates oil minister, who is also the President of OPEC, stated recently th...

2018-06-22 Richard Tataru Read more
opec meeting

The upcoming OPEC meeting this week has taken on a great deal of focus given recent developments. Last week Russian and Saudi Arabian leaders met alongside the opening game of the World Cup to discuss plans to increase oil production while maintaining the petro-alliance forged in 2016. The proposals are centred around forming an OPEC+ group that...

2018-06-22 James Harte Read more