Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


25.06.2014 15:40

Oil rose

West Texas Intermediate crude traded near $106 a barrel after a government report showed that U.S. stockpiles unexpectedly increased. Brent dropped for the third time in four days as Iraq pledged to increase production and exports.

Crude supplies rose 1.74 million barrels to 388.1 million last week, the Energy Information Administration said. A 1.7 million-barrel decline was projected, according to the median of eight responses in a Bloomberg survey. Iraqi output has been unaffected by fighting and the country plans to increase exports next month, Oil Minister Abdul Kareem al-Luaibi said in an interview in Baghdad.

WTI for August delivery rose 1 cent to $106.04 a barrel at 10:43 a.m. on the New York Mercantile Exchange. Futures traded at $105.85 before the release of the report at 10:30 a.m. in Washington. The volume of all futures traded was 51 percent higher than the 100-day average.

Brent for August settlement declined 94 cents, or 0.8 percent, to $113.52 a barrel on the London-based ICE Futures Europe exchange. Trading volume was 35 percent above the 100-day average.

The European benchmark crude traded at a $7.48 premium to Brent, down from $8.43 yesterday.

Crude stockpiles at Cushing, Oklahoma, the delivery point for WTI traded on Nymex, rose 416,000 barrels to 21.8 million in the week ended June 20, the EIA said.

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 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