Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


28.01.2014 16:40

Oil: an overview of the market situation

Crude oil futures rose on Tuesday as traders are awaiting the start of a two-day meeting of the Federal Reserve System, the outcome of which will depend on the future dynamics of oil prices.

Today starts the meeting of the Committee on the Federal Open Market , which resulted , as analysts suggest , the controller will cut another $ 10 billion program volume QEIII. Against this background , experts predict that the price of oil in the next two days will be traded in a limited range while maintaining prospects for further growth. Recall that last month the Fed surprised some investors when it announced plans to launch phase out its purchase of bonds to $ 75 billion to $ 85 billion . Since that time , the stock market retreated on concerns about economic growth in emerging markets , which potentially complicates the path to further reduce the bond purchases.

Meanwhile, traders say prices are rising amid lingering harsh weather conditions in the U.S., which lead to a reduction in the quantity of fuel in the country.

"The cold weather in the U.S. helped boost demand for heating oil and propane, as well as create a shortage of fuel supplies in the region" , - experts said Goldman Sachs Group Inc.

Add that analysts also expect a report tomorrow from the U.S. Energy Information Administration , which is estimated to show another weekly decline in distillate stocks . Stocks. Some experts also expect that crude oil inventories rose by more than 2 million barrels for the week ended January 24. If this forecast proves correct , it will be the second consecutive increase Nedalniy , after a seven-week fall.

Furthermore , we recall that today its inventory report will present the American Petroleum Institute , which will help better prepare for tomorrow's data, and possibly revise estimates

March futures price for U.S. light crude oil WTI (Light Sweet Crude Oil) rose to $97.45 per barrel on the New York Mercantile Exchange (NYMEX).

March futures price for North Sea Brent crude oil mixture increased by 55 cents to $107.50 a barrel on the London 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
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