Did crude oil just bottom? Since late oil prices have been in a very steep bear market. During that time, oil has plunged over which is not an insignificant sum for a major global commodity.
Five things that will shape the price of Brent crude oil: Geopolitical risk, US shale, global growth, Opec policy and hedge funds will all be key https://www.ft.com/content/e72d47a6-f140-11e7-b220-857e26d1aca4?segmentid=acee4131-99c2-09d3-a635-873e61754ec6 @ft #chemicals #energy #oil #shale #Infrastructure #investor @ennovance #hedge (chart @wsj) #loan #cash www.ennovance.com
MCX crude oil weekly analysis for 11 dec. 2017 Mcx crude oil future this week closed at 3698 with loss. mcx crude oil future this week given breakdown below 3665 and hit low near below mcx crude oil remain weak and sell for
Rising Crude Oil prices, North Korea, USD strength, indicators are mixed, and a major technical Head & Shoulders formation is set for fruition. Some traders would say Sell, Sell, Sell…and others might be ready to buy the dip as the range parameters look to be 113.75 down to 112.25 price levels. These are the potential Breakout levels to watch for and consider setting trade levels however within this range trading will likely be a hot mess. Both fundamentals and technicals are leaning t...
Hong Kong consumers complain they are being fleeced at the petrol pumps with the city’s filling stations charging the highest prices in the world. With the price of crude oil falling, the Competition Commission is urging government officials and oil companies to draw up a more transparent pricing system