BARCLAYS BANK PLC IPATH EXCHANGE TRADED NOTES LINKED TO GOLDMAN SACHS CRUDE OIL TOTAL RETURN

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OIL Stock Chart

 

Oil

Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.

Fundamentals OIL

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News

HelenRush HelenRush OIL, D,
OIL: Oil Made The Day
5 0 4
OIL, D
Oil Made The Day

Oil broke higher to open the week with a gap. During the weekend the governmental forces of Iraq entered the city of Kiruk and took under control minefields in the region. The disputed city of Kirkuk has always been a ‘bingo’ for the Kurdish region. They regarded it as an integral part of Kurdistan. But Bagdad regards it with similar intensity. Kirkuk has always ...

Kalghamdi12 Kalghamdi12 PRO OIL, 5D,
OIL: Oil is firing off
23 0 1
OIL, 5D
Oil is firing off

I predict that Oil is jumping at least 10 percent next week Its TIme to buy

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