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Oil, Crude, trading
Read More »Oil Continues The Bullish Direction 20/1/2022
Market Drivers – US Session – 19-01-2022
Demand for the US dollar eased on Wednesday, with the American currency edging lower against most major rivals. Losses were limited across the major currencies, with gold outstanding amid rallying beyond $1,840 an ounce, its highest since last November.US Treasury yields inched higher at the beginning of the day to …
Read More »Oil Slips After API Reports Third Successive Gasoline Build
Operating on a one-day delay due to the U.S. holiday, the American Petroleum Institute (API) estimated the inventory build this week for crude oil to be 1.404 million barrels after analysts predicted a draw of 1.367 million barrels.U.S. crude inventories shed some 74 million barrels since the start of 2021, …
Read More »Inflationary Pressures Turning Into Global Headache
Demand for the US dollar eased on Wednesday, with the American currency edging lower against most major rivals. Losses were limited across the major currencies, with gold outstanding amid rallying beyond $1,840 an ounce, its highest since last November.US Treasury yields inched higher at the beginning of the day to …
Read More »Oil Extends Its Gains 19/1/2022
Oil, Crude, trading
Read More »Oil Continues to Rise With Risks in Place 18/1/2022
Oil, Crude, trading
Read More »Meet Mohamed Hashad on Dubai TV 01/17/2022
Director of Research and Development at Noor Capital and member of the US Association of Professional Technical Analysts, Mohamed Hashad, was interviewed Monday morning by Dubai Channel to comment on the most outstanding developments in the financial markets during the second week of 2022, as oil continued to reap gains …
Read More »Saudi Energy Minister: It’s U.S. Prerogative to Draw on Strategic Oil Reserves
Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday it was up to the United States whether or not to withdraw more supplies from its strategic oil reserves. The administration of US President Joe Biden said in November that it would withdraw about 50 million barrels from its reserves …
Read More »Weekly Recap 10-14 January
Sometimes, rumours take part in shaping the market’s overall mood even partially, though such rumours have no relation to reality. Something of this kind seems to have happened last week. The EUR/USD pair has been in a sideways trend since November, fluctuating in the range of 1.1220 – 1.1385. …
Read More »Oil Faces Conflicting Technical Signals 14/1/2022
Oil, Crude, trading
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