Oil traders increased the fleet of ships stationed in the North sea to store crude oil. This is another sign of weak demand, which led to the accumulation of the largest reserves in the sea since 2009. Nine tankers carrying some 9 million barrels of basic grades of oil in …
Read More »Oil traders await new data from the US Department of energy
Oil prices reached in the early weeks of new highs, but with further direction to decide until I can’t. Maybe the traders dare to action today, when will be published data on reserves and production in the United States from the energy Ministry. In the meantime, his inventory was presented …
Read More »What are you waiting for traders and why we can’t grow oil
Oil prices in the Asian session show a slight increase, although the reasons for the fall of much more. For example, on Tuesday evening took the data on oil reserves from the company Genscape. And although this statistic is not too popular among the traders it normally has a high …
Read More »The crude oil market. What now will concentrate traders
After a morning collapse on Monday, the crude oil market managed to recover losses and even left in plus, however, the most interesting events will develop in the coming days. First, about why prices did not fall, despite the failure of negotiations on freezing production. First of all it should …
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