Traders Blog - Analysis, Strategies, News and more: Tag - Oil News

Gas price moves around $2. Time to reverse?
Analysis

Gas price moves around $2. Time to reverse?

While marker participants and investors cautiously ignore banking crises and markets getting ready to move higher, Gas and Oil reserves dropped in the last two weeks, helping the energy prices to move higher. In the week ending March 24, accordi...

Author:
Ahura Chalki
Published on: 30.03.2023 18:53 (UTC)
279
Oil and conditions that are not very favorable for it
Analysis

Oil and conditions that are not very favorable for it

While data shows rising US inventories, fears of weaker demand also increase pressure on Oil prices. According to the American Petroleum Institute, released late Tuesday, US crude oil inventories rose by about 3.3 million barrels last week, cont...

Author:
Ahura Chalki
Published on: 22.03.2023 17:05 (UTC)
200
China's lukewarm recovery could not help WTI
Analysis

China's lukewarm recovery could not help WTI

China retail sales raised 3.5% annually in January and February, while fixed asset investment growth ticked up to 5.5% to avoid the risks of the real estate sector with the bottoming-out signal. However, slower industrial production growth with a 2.4...

Author:
Ahura Chalki
Published on: 16.03.2023 16:22 (UTC)
249
Global Economic Outlook | March 2023
Market Outlook

Global Economic Outlook | March 2023

With China reopening, lower energy prices, the strong job market in most developed economies, and the relative growth of retail sales, our global economic outlook changed. Now we are less worried about the severity of the upcoming economic recession....

Author:
Ahura Chalki
Published on: 13.03.2023 19:12 (UTC)
245
Oil and expectations | March 2
Analysis

Oil and expectations | March 2

The Oil price still wanders between different data and economic outlooks. While the prospect of more demand from China helps the bulls, concerns over a possible recession hold them back from moving further. Last week's Russian threat to cut 500K bpd...

Author:
Ahura Chalki
Published on: 02.03.2023 17:38 (UTC)
271