[ad_1] This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US. Via Twitter: I had seen a different number elsewhere for the distillates. — Expectations I had seen centred on: Headline crude -0.3mn barrels Distillates -1.5 mn bbls Gasoline -0.8 mn — This data point
[ad_1] Share: Overall, crude oil and refined products have traded sideways for the month of October. Economists at Rabobank analyze Brent’s outlook. Brent will touch, but not average, $100 at some point in Q4 2023 or Q1 2024 Should gasoline demand continue to weaken, it would be a signal that the economic outlook
[ad_1] This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US. Numbers via Twitter … not the expectations I had below the screenshot are closer to the result: — Earlier: Goldman Sachs sees Brent crude oil prices to USD100/bbl by June as stocks ‘descend gently’
[ad_1] Earlier this month, the US granted Venezuela sanctions relief in exchange for holding fair elections this year. That plan appears to be unravelling quickly as yesterday Venezuela’s electoral court said it is suspending opposition primaries days after President Nicolas Maduro called the vote a fraud. To be fair, the 93% primary vote for María
[ad_1] Oil (Brent Crude) News and Analysis The weekend premium was deflated on Monday as markets look to the Fed Oil heads lower after respecting resistance at $89 a barrel EU data underscores growth slowdown in major economies The analysis in this article makes use of chart patterns and key support and resistance levels. For
[ad_1] Crude Oil, WTI, Brent, US Dollar, Gold, FOMC – Talking Points Crude oil might be in for some sideways price action as the Middle East conflict unfolds Haven assets remain desirable amongst the noise and volatility as gold surges The markets appear poised with range trading across many markets Recommended by Daniel McCarthy Get
[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do