Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities



09.11.2012 16:42

The cost of oil increases

After falling for most of the day, oil prices are still able to grow, driven by speculation that the political debate in the U.S. will slow economic growth, which is the largest oil consumer in the world. At this time, it was reported that gasoline prices rose because of a lack of fuel in the New York and New Jersey.

Earlier, futures fell 1.1% amid concerns that U.S. lawmakers will not be able to compromise and avoid automatic spending cuts and tax increases at the start of 2013.

Note that today, gasoline rationing was introduced in New York City and Long Island, following similar measures in New Jersey, and is currently under restriction were already 12 districts.

Also today, the Organization of Petroleum Exporting Countries has cut its forecast for oil demand in the next year, and said thus to lower production in the past month. It is learned that the 12-member group will provide an average of 29.7 million barrels per day in 2013, 1.25 million less than the current pump, and 100,000 barrels a day less than forecast a month ago .

The report also showed that the supply from the OPEC fell by 0.2% to 30.95 million barrels a day in October, while still achieving the lowest since December last year due to lower production in Nigeria, Iran and Saudi Arabia.

December futures price of U.S. light crude oil WTI (Light Sweet Crude Oil) rose to 85.82 dollars a barrel on the New York Mercantile Exchange.

December futures price for North Sea petroleum mix of mark Brent rose $1.18 to 108.24 dollars a barrel on the London Stock Exchange ICE Futures Europe.


Market Focus

  • Donald John Trump will be the 45th president of the United States
  • Britain can't get full single market access with free movement concessions - Merkel
  • China: Trade Balance, bln, October 49.6 (forecast 51.7)
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Служба технической поддержки:
8-800-200-31-00, support@teletrade-dj.com

  • Онлайн-консультация
  • Заказать звонок
  • Написать письмо
Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page