"Just Oil"
Miembro desde Oct 02, 2014
posts 909
May 30, 2016 at 14:04
$50!
Positivity
Jan 09, 2017 at 08:02
zacattack posted:
Hi everyone! I'm new here.
I am also interested in anything to do with OIL.
WTI / Brent / OIL CFDs.
Hope to be able to learn from you guys!
Hello, glad to see that there is this kind of thread about oil. If you are looking for something that has a relation with oil, you can read this one: https://www.funds-money.com/brent-oil/ it is all about Brent oil. I enjoyed reading it because it gave me at least a gist on what would happen this 2017, especially after Donald Trump's victory.
Miembro desde Oct 02, 2014
posts 909
Jan 13, 2017 at 16:21
Neutral at the moment.
Positivity
forex_trader_349954
Miembro desde Aug 07, 2016
posts 10
Feb 21, 2017 at 15:43
Trading with commodities will always be 'a shot to the ground,' oil and gold are a clear example, and we all know that both are very profitable. Since crude oil trading is allowed online, the oil market has changed completely. And I love that! 😉
forex_trader_252244
Miembro desde May 26, 2015
posts 112
Mar 06, 2017 at 20:38
WTI slips further $53 in the cross hairs
Oil futures on NYMEX started a corrective slide after refreshing its daily high at $53.60 amid OPEC news and a stronger greenback. At the moment WTI is down 0.49% at $53.07.
According to news agency Bloomberg, Iraq stays ready to cut its output during the second half of the year in case OPEC decides to extend the deal clinched in late December. Sources also cited that Iraq believes the oil cartel will likely need to extend the output cuts beyond the original date.
Although WTI was able to close Friday in the positive area despite another rise in the number of oil rigs in the United States, it has ended the week with a weekly loss of about 1.5%. The US oil rig count rose by seven to 609 this week, according to oilfield-services giant Baker Hughes. Increasing production levels in the United States continue to put a cap on how high oil can go.
To the upside, daily high at $53.60 could be the first technical resistance followed by $54 (psychological level) and $55.40 (static level). Supports are aligned at $53 (psychological level), $52.70 (Feb. 16 low) and $52.20/00 area (horizontal level/psychological level).
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