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OPEC Comments on Low Oil Prices

English
OPEC
The July - August OPEC Bulletin released on Monday, indicates that the oil producer organization OPEC is betting on increasing global demand...

The July - August OPEC Bulletin released on Monday, indicates that the oil producer organization

Oil Gains 12% on the Week

English
Oil Gains 12% on the Week
Growing expectations that a number of the fundamentals that have been pushing oil prices lower might be changing, resulted in oil futures settling almost 12% higher on Friday.

Growing expectations that a number of the fundamentals that have been pushing oil prices lower mi

Gold Declines 2.2% on the Week

English
Gold Declines 2.2% on the Week
Gold remained under pressure last week despite a softer dollar as concerns grew that the Federal Reserve is set to hike interest rates at its September meeting in the face of the unsettled markets.

Gold remained under pressure last week despite a softer dollar as concerns grew that the Federal

Positive GDP Data Pushes Gold Lower

English
Positive GDP Data Pushes Gold Lower
Gold futures, the U.S. dollar and speculation about when the Federal Reserve will increase the interest rates are intricately linked together with gold and the dollar both on a pendulum controlled by investor sentiment with regard to the timing of a Fed..

Gold futures, the U.S.

Oil Fights to Move Above $39 a Barrel

English
Oil
Oil futures were given a lift from the Chinese decision to cut interest rates and ease bank lending restrictions which resulted in oil prices rebounding from their lowest levels in six and a half years to settle above $39 per barrel.

Oil futures were given a lift from the Chinese decision to cut interest rates and ease bank lendi

Why is Oil Trading Below $40 a Barrel?

English
Trade Oil CFDs on STOCK.com
Friday saw oil fall below the important $40 a barrel level as the price for West Texas Intermediate crude dropped to $39.86, in intraday trading...

Friday saw oil fall below the important $40 a barrel level as the price for West Texas Intermedia

Oil Prices Bounce Off Lows

English
oil bounces off lows
West Texas Intermediate oil futures rebounded from a six and a half year low of $40.76 a barrel on Thursday on the back of a weaker U.S. dollar as September contracts expired.

West Texas Intermediate oil futures rebounded from a six and a half year low of $40.76 a barrel o

Gold Climbs Higher

English
gold climbs higher
Gold has once again started to glitter as it regained its lustre from the combined effect of dovish Federal Reserve minutes and a global decline in stock markets that once again convinced investors of its safe haven status.

Gold has once again started to glitter as it regained its lustre from the combined effect of dovi

Oil Slides Under $43 a Barrel

English
Oil Slides Under $43 a Barrel
The oil story, during the recent past, has been a daily rerun with downward pressure on the price as a result of oversupply coupled with analyst predictions of a decline in demand...

The oil story, during the recent past, has been a daily rerun with downward pressure on the price

U.S. Oil Rig Count Rises as Oil Plunges

English
US Oil Rigs
The large increase in shale oil production during the past five years was in many respects the catalyst for the current OPEC initiated oil price war.

The large increase in shale oil production during the past five years was in many respects the ca

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