According to Bloomberg, On April 19, in global demand, Crude Oil fell for a third day on speculation.
For 10 weeks, after reaching 2.7%, Crude Oil extended losses. The speculation and currency movements have driven the prices of Crude Future. According to Abdullah, before its October meeting, OPEC is not necessary to review output. The appeal of commodities reduced due to the value of dollar in currency market; the dollar strengthened against the euro in currency market.
For May delivery, in electronic trading on the NY Mercantile Exchange Crude Oil fell $1.58, or 1.9%, to $81.66 a barrel. The prices of Crude Oil have reached the highest since October 2008 after being at $87.09 on April 6; and now the prices have declined in eight of the nine trading days.
In May, the contract lost $2.27 on April 16 to $83.24 a barrel; this is the biggest drop since February 5.
In June, Brent Crude Oil settlement fell $1.36, or 1.6%, to $84.63 a barrel on the London-based ICE Futures Europe exchange.
Don’t forget learn more before trading Crude Future. Learn more about Commodity Crude Oil in Future Markets. Reduce the risks and avoid the losses when trading Crude Oil Future.
Useful tips, advices, and fundamentals about trading Crude Oil can help traders understand the Crude Oil Markets. Don’t trade when lacking of information…
Source: Bloomberg.com
Monday 19 April 2010
Monday 12 April 2010
Crude Oil Future: Go Up Again in the Markets
According to Bloom-berg, when the dollar fell, for the first time, Crude Oil continued to go up in four days. Also, due to the surging demand, China had to increase Crude Oil imports.
As in more than three weeks, the dollar slipped to its lowest level and Crude Oil continued to advance; this would be the appeal of commodities as an alternative investment. In March, 29% more Crude Oil was imported into China, based on customs data released April 10.
According to Daily-futures, "June natural gas closed up 16.3 cents at $4.169 in spite of forecasts for warmer U.S. weather ahead".
For May delivery, in electronic trading on the NY Mercantile Exchange, Crude Oil continued to rise as much as 79 cents, or 0.9 percent, to $85.71 a barrel. Base on Singapore time, the contract was at $85.38 at 3:15 p.m. In 2010, Futures Crude Oil have gained more than 7 percent unexpectedly.
Learn more before trading Crude Future...
As in more than three weeks, the dollar slipped to its lowest level and Crude Oil continued to advance; this would be the appeal of commodities as an alternative investment. In March, 29% more Crude Oil was imported into China, based on customs data released April 10.
According to Daily-futures, "June natural gas closed up 16.3 cents at $4.169 in spite of forecasts for warmer U.S. weather ahead".
For May delivery, in electronic trading on the NY Mercantile Exchange, Crude Oil continued to rise as much as 79 cents, or 0.9 percent, to $85.71 a barrel. Base on Singapore time, the contract was at $85.38 at 3:15 p.m. In 2010, Futures Crude Oil have gained more than 7 percent unexpectedly.
Learn more before trading Crude Future...
Thursday 1 April 2010
Crude Future: Markets & Information
Energies
According to Daily-futures, last week the supplies of Crude Oil were up 2.9 million barrels to 354.2 million barrels. The supplies of gasoline were up 300,000 barrels and the heating oil supplies were up 1.0 million barrels. In June Crude Oil closed up $1.41 at $84.18, the highest close in eleven weeks. Learn more about Crude Future...
According to Boomberg, the supplies of Crude Oil increased from 2.93 million barrels to 354.2 million in the week ended March 29. Inventories were forecast to climb by 2.5 million barrels, according to the median of 16 analyst estimates in a Bloomberg News survey. Last week, Gasoline stockpiles rose 313,000 barrels to 224.9 million. Forecast was a 1.85-million-barrel increase in Crude Oil Markets.
According to DOE, last week, refinery use moved up from 81.1% to 82.6% of capacity. Over the past four weeks, the demand of gasoline was up 1.5% from a year ago and distillate demand was down 1.0% from a year ago. The prices of Commodity Crude Oil can be impacted by the prices of Index Metals in Precious Metals Markets....Learn more about Trading Metals through Futures Wiki...The contracts and advices about trading Commodities...
According to Daily-futures, last week the supplies of Crude Oil were up 2.9 million barrels to 354.2 million barrels. The supplies of gasoline were up 300,000 barrels and the heating oil supplies were up 1.0 million barrels. In June Crude Oil closed up $1.41 at $84.18, the highest close in eleven weeks. Learn more about Crude Future...
According to Boomberg, the supplies of Crude Oil increased from 2.93 million barrels to 354.2 million in the week ended March 29. Inventories were forecast to climb by 2.5 million barrels, according to the median of 16 analyst estimates in a Bloomberg News survey. Last week, Gasoline stockpiles rose 313,000 barrels to 224.9 million. Forecast was a 1.85-million-barrel increase in Crude Oil Markets.
According to DOE, last week, refinery use moved up from 81.1% to 82.6% of capacity. Over the past four weeks, the demand of gasoline was up 1.5% from a year ago and distillate demand was down 1.0% from a year ago. The prices of Commodity Crude Oil can be impacted by the prices of Index Metals in Precious Metals Markets....Learn more about Trading Metals through Futures Wiki...The contracts and advices about trading Commodities...
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