Oil prices dip on persistent fuel supply overhang :: Oil prices dipped on Friday as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output. International Brent crude oil futures (LCOc1) were trading at $45.77 per barrel at 0743 GMT (2:43 a.m. ET), down 7 cents from their last close.
#Uganda shilling and global market report - November 10 2016 #Markets What a wild day on the markets yesterday and even today. We saw some really aggressive movements all around with Asian tumbling as soon as Trump got the lid Europe waking up shaky and as Asia was signing off with blood all over the walls North America opened and the Fat Lady sung. Thursday both Europe and North America closed in the green. Today Asia regained everything it had lost yesterday and then some. You can see…
Reuters: Oil prices fall as Russia says will not attend OPEC meeting. Oil prices fell over 1 percent on Tuesday on market jitters over whether producer cartel OPEC would be able to hammer out a meaningful output cut during a meeting on Wednesday, aimed at reining in a global supply overhang and propping up prices, according to Reuters. Brent crude futures were trading at $47.69 per barrel. U.S. West Texas Intermediate crude futures were down 51 cents, at $46.58 a barrel. 2016-11-29
Oil jumps 7% on renewed hopes.Oil jumped by over 7% on renewed hopes for an OPEC deal to curb output. Brent crude added $3.43, or 7.25%, to $50.75. U.S. crude was up 7.10% at $48.44................ http://myforexforums.com/showthread.php/3689-OIL?p=30784#post30784 #pcmbrokers #forex #forecast #analysis #broker #trader #indicators #bonus #mt4 #forextrading #trade #pairs #strategy #traders #forexexchange #daytrader #sydney #london #singapore #dubai #profit #investments #community #money #usd