HelenRush

Brent Is Bound To Rise

TVC:UKOIL   CFDs on Brent Crude Oil
After OPEC meeting in Saint Petersburg the hopes for meeting balance of supply and demand have grown significantly. Saudi Arabia is planning to reduce oil             export in August. Nigeria may join the agreement on oil             production cut.
The US data also supports the further Brent rise, as API Weekly Crude Oil             Stock fell 10.230 M, and EIA             Crude Oil             Stocks change reduced by 7.208 M barrels, significantly beating the expectations and confirming the rising demand on gas during the driving season.
The nearest week may bring another confirmation of the evolving trend.
If scheduled for tonight release of Baker Hughes             data shows another slide of oil             rigs count, it may speed up the Brent rise.
The nearest target for Brent is at 52.60 followed by 55.00.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out