Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


28.08.2012 15:45

Oil prices rise

Oil rose for the first time in four days on fears that Tropical Storm Isaac will reduce oil production in the Gulf of Mexico and on speculation that U.S. inventories fell to a five-month low.

Futures rose 1.1% after the Bureau of Safety and Environmental Control reported yesterday that about 78% of oil production platforms were closed due to the approaching storm.

Analysts predict that oil is likely to fall by 1.75 million barrels last week, before the publication of the official report tomorrow. If the findings are confirmed, it will be the longest decline since July 2011 and the lowest level since March 23.

It is expected that gasoline inventories fell by 1.45 million barrels, while distillate fuel stockpiles probably rose by 200,000 barrels.

U.S. President Barack Obama said at the White House that the Federal Emergency Management Agency has been in the Gulf of Mexico for a week, and always will be to provide new information regarding the storm Isaac.

October futures price of U.S. light crude oil WTI (Light Sweet Crude Oil) on the NYMEX is now $ 95.85 per barrel.

October futures price of North Sea Brent crude oil mix is ​​now $ 112.15 a barrel on the ICE Futures Europe Exchange.

Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
July 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.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page