New Openings Hours

Hi fellow traders, The openings hours for the live trade room will be changing slightly due to the slow price action right before the US Open. The room will now be open from 7.45 AM Central Time instead of 7.00 AM and 14.45 Central European Time instead of 14.00. With this change we will begin…

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US Crude Hitting $28 With Low Volume

US crude Hitting $28 With Low Volume U.S. crude fell as low as $28.10 during today´s trading session as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to tame markets and China’s factory output plunged at the sharpest pace in 30 years amid the spread of coronavirus. To combat the…

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Trump´s Travel Ban: Oil Continues To Fall

Trump´s Travel Ban: Oil Continues To Fall

Trump´s Travel Ban: Oil Continues To Fall Oil prices fell again after the United States banned travel from Europe following the World Health Organization’s decision to declare the coronavirus outbreak a pandemic. The slump in oil is being compounded by the threat of a flood of cheap supply as Saudi Arabia promised to raise output…

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How to Trade Crude Oil

Oil Crash: I Totally Lost It Today.

Oil Crash: I Totally Lost It Today Oil prices crashed by as much as 30 per cent after Saudi Arabia fired the first shots in a price war, in crude’s biggest one-day fall since the early 1990s Gulf war. Riyadh’s threat to discount its crude and raise production prompted the price of brent crude, the…

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June OPEC Meeting

Extraordinary OPEC Meeting

Extraordinary OPEC Meeting The 178th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 5 March 2020, under the Chairmanship of its President, HE Mohamed Arkab, Minister of Energy of Algeria and Head of its Delegation. The Conference took note of the announcement from…

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crude oil inventories

Crude Oil Inventories 04 March 2020

Crude Oil Inventories 04 March 2020 The forecast for this weeks crude oil inventories was 2.8M and the actual outcome was 0.8M, the outcome was again pretty much in line with last weeks outcome. All we could do was waiting for our support and resistance areas, We could see allot of noise on our charts…

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