Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


04.01.2013 17:20

The cost of oil fluctuates after employment data

Oil prices show mixed trend, driven by the release of data that showed that U.S. employers have increased the number of jobs is greater than expected. At the same time, the surprise was a significant upward revision rate for the last month. With these data increased the likelihood that the Federal Reserve can turn incentives for the largest economy in the world.

Meanwhile, on the dynamics of trading influence of the Ministry of Energy report that showed the reduction of oil reserves in the week ended Dec. 28. According to reports, U.S. crude inventories fell by 11.1 million barrels, while leaving to 359.9 million barrels, the lowest level in the last three months. Note that many analysts expected inventory reduction by only 1 million barrels (to 370.1 million).

In addition, gasoline inventories rose by 2.570 million barrels (to 225.7 million), exceeding the forecast of 2.2 million in the same time, distillate stocks rose by 4.570 million barrels to 124 million, more than three times the growth forecast (1.25 million barrels).

Economists note that such a large drop of oil is awesome, but the market does not react as it is compensated by a large volume of stocks of gasoline and distillates.

February futures price of U.S. light crude oil WTI (Light Sweet Crude Oil) fell to 92.42 dollars a barrel on the New York Mercantile Exchange.

February futures price for North Sea petroleum mix of mark Brent fell by 1 dollars to $ 110.92 a barrel on the London Stock Exchange ICE Futures Europe.

04.01.2013 18:00

European stocks close

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
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.

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