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Tag Archives: Commodity

Commodity

Commodity News

OIL PRODUCTION VITAL FIGURES IN MARCH 2017 In February, OPEC remained largely compliant with the production cuts, with OPEC 12 production (ex-Gabon) down 1.11 Mbpd compared to October 16. Oman has offered solid support with a production cut of 50,000 …

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Market Indicators

Market Indicators

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number …

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Commodity

Commodity News

OIL FALLS AFTER THREE-DAY RALLY Oil prices fell on Friday after a three-day rally ran out of steam due to a stronger dollar, promising to notch up the oil market’s worst-performing quarter since 2015 as investors fret that growing US …

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Market Indicators

Market Indicators

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number …

Read More »

Commodity

Commodity News

US APPROVES TRANSCANADA KEYSTONE XL PIPELINE US President Donald Trump’s administration approved TransCanada Corp’s Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial project loom. The approval reverses a decision …

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Market Indicators

Market Indicators

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number …

Read More »

Commodity

Commodity News

OIL PRICES SOAR AFTER DROP IN US STOCKPILES Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed US stockpiles had eased from record highs. Prices surged on Wednesday after a slew …

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Market Indicators

Market Indicators

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number …

Read More »

Commodity

Commodity News

OIL PRICES SPRING BACK Oil prices climbed on Thursday after sharp losses the session before, buoyed by strong compliance with touted international production cuts, although a surge in US crude inventories continued to drag. The Organization of the Petroleum Exporting …

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Market Indicators

Market Indicators

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number …

Read More »