Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


21.01.2014 16:42

Oil is rising amid predictions IEA

Oil prices rose after the announcement of an improved outlook for the growth rate of world consumption , which was granted by the International Energy Agency .

The International Energy Agency has changed the forecast growth in global oil consumption this year in a big way , increasing the rate of consumption by 50,000 to 1.3 million barrels per day. According to experts of the IEA , this change will figure by accelerating economic growth.

Also contributed to the increase in the price of oil news from China . According to reliable information , the Chinese Central Bank has provided financial system more than 42 billion dollars. Such actions were designed to stop the growth of lending rates , as well as to reassure market participants, who were worried because of the recurrence of the cash shortage .

In addition , on Monday the United States together with the European Union announced an easing of international economic sanctions against Iran. Recall that recently the parties concluded an agreement that in exchange for the lifting of sanctions Tehran start reducing its nuclear program, and retain the previous volume of exported oil . Analysts say that at the moment , the world market goes to 60% less Iranian oil than it was two years ago, and that in the near future supplies will remain at this level.

At the same time, market participants continue to worry about oil supplies from Libya and South Sudan . Earlier, President of South Sudan made ​​a statement that government troops liberated from the rebels regional center Malakal , but soon the rebels gave a rebuttal to this statement. From the reports from Libya , it became known that the local authorities are planning in the coming days to clear all the invaders that are important for the export of oil , the eastern ports . Recall that the three major ports, which previously were shipping every day more than 600,000 barrels of oil for export, at the moment are on the control of armed protesters who are fighting for their political rights .

February futures price of U.S. light crude oil WTI (Light Sweet Crude Oil) rose to $ 95.20 per barrel on the New York Mercantile Exchange (NYMEX).

March futures price for North Sea Brent crude oil mixture rose $ 1.48 , or 1.4 percent, to $ 107.83 a barrel on the London exchange ICE Futures Europe.

21.01.2014 16:20

Gold fell

Market Focus

January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

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