Traders Blog - Analysis, Strategies, News and more: Tag - Oil News

The first death in six-month! Oil sharp fall and return
Analysis

The first death in six-month! Oil sharp fall and return

The bears are trying to prove themselvesLast Friday WTI tested the price under $80 for the first time since September 28. The downtrend continued at the beginning of this week as well, to test the $75.20 on Monday. However, right after that bulls reg...

Author:
Ahura Chalki
Published on: 22.11.2022 14:49 (UTC)
67
Oil fell after the OPEC report and Asian data!
Analysis

Oil fell after the OPEC report and Asian data!

OPEC lowered its demand expectation for 2022 and 2023OPEC published its monthly report for November 2022 on Monday. According to this report, OPEC lowered global oil demand growth for this year and 2023. The Organization of the Petroleum Exporting Co...

Author:
Ahura Chalki
Published on: 15.11.2022 17:33 (UTC)
61
Oil on junction! Stocks and inventories are both rising!
Analysis

Oil on junction! Stocks and inventories are both rising!

Wall Street's main indexes raised sharply on slower consumer prices. Crude prices fell sharply this week as Inventories in the US increased, concerns over global economic recession grew, and rumors about the resurgence of the coronavirus in Chin...

Author:
Ahura Chalki
Published on: 10.11.2022 19:33 (UTC)
77
Global Economic Outlook | November 2022
Market Outlook

Global Economic Outlook | November 2022

Positive sentiments in the stock markets, eyes on inflation and labor markets.Geopolitical tensions and inflation fears across the globe will likely keep the high volatility over the remainder of 2022. Even if they were a bit softer and more cautious...

Author:
Ahura Chalki
Published on: 08.11.2022 19:38 (UTC)
100
The market ignores the US crude oil inventories report.
Analysis

The market ignores the US crude oil inventories report.

Better to wait for the Fed meeting at the beginning of November.   Oil gains more than almost 5% in the past two days to ignore API and EIA inventory reports. On Tuesday, the American Petroleum Institute reported a 4.520M inventory inc...

Author:
Ahura Chalki
Published on: 27.10.2022 22:00 (UTC)
106