Posts Tagged ‘opec’

  • Crude Oil after the OPEC meetings

    Jun 15, 12 • 852 Views • Market Commentaries Comments Off on Crude Oil after the OPEC meetings

    During early Asian session, oil futures prices are trading above $84.50/bbl with gain of almost 0.90 percent from yesterday’s closing. Positive trend in oil prices is seen driven by both fundamental and economic stimulus in the market. That said, the lower...

  • OPEC Ministers Look at Production and Price of Crude Oil

    Jun 14, 12 • 2740 Views • Market Commentaries Comments Off on OPEC Ministers Look at Production and Price of Crude Oil

    Crude oil fell on Wednesday ahead of an OPEC policy meeting expected to leave the group’s production target unchanged, while weak economic data added to the bearish sentiment. Japan’s parliament is set to pass a special bill on Friday to allow it...

  • Forex Market Commentaries - OPEC Figures Support Increased Production

    OPEC March Figures Support Increased Production

    Apr 3, 12 • 2073 Views • Market Commentaries Comments Off on OPEC March Figures Support Increased Production

    Organization of Petroleum Exporting Countries (OPEC) oil output rose in March to its highest since October 2008 as higher supply from Iraq and further recovery in Libya’s production offset a drop in shipments from Iran. Supply from the 12 members of the...

  • Forex Market Commentaries - Crude Oil Supply And Demand

    What Happens With The Price Of Crude Oil Separates From Supply And Demand

    Mar 26, 12 • 2753 Views • Market Commentaries Comments Off on What Happens With The Price Of Crude Oil Separates From Supply And Demand

    In recent years, we have witnessed the price of gasoline at the pumps diverging from its direct association to the price of oil. We also have witnessed the same with interest rates. In the US, most mortgages, personal loans, credit cards and consumer credit...

  • Forex Market Commentaries - OPEC Oil Consumption And Demand Forecast

    OPEC’s Oil Consumption And Demand Forecast

    Mar 12, 12 • 3968 Views • Market Commentaries 1 Comment

    The Organization of the Petroleum Exporting Nations ‘ is forecasting a flat market for oil due to slow growth in emerging nations. OPEC s’ latest monthly outlook projects world oil demand to increase by 900,000 barrels a day unvaried from its...

  • Forex Market Commentaries - Oil Hits New Sterling Record

    Oil Hits A New Sterling Record On Iran Fears

    Feb 23, 12 • 3074 Views • Market Commentaries Comments Off on Oil Hits A New Sterling Record On Iran Fears

    Oil Hits A New Sterling Record On Iran Fears..But sshhh..Don’t Tell UK Motorists Feb 20, 2008 at 04:01pm New York: “The price of crude oil has scraped above the $100-a-barrel mark in recent months, but for the first time it actually closed above...

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