Mitsui to deliver all the more heavy crude oil in 2019
The new creation will be convenient as yield cuts by Saudi Arabia and US endorses on Iran and Venezuela have diminished the accessibility of high-sulfur overwhelming unrefined petroleum comprehensively and lifted spot premiums for these evaluations
Japanese exchanging organization Mitsui and Co will...
Oil rich Kuwait is investigating to new segments of monetary organization with India to execute Kuwait's improvement plans with less reliance on hydrocarbon.
Kuwait Ambassador to India Jassim Al-Najim, tended to national meeting as boss visitor in the esteemed Jamia Millia Islamia University in New Delhi. The tradition, themed "India, China and the Arab World...
based on supply and demand with fib retracement
if break out the zone it will move to another zone and move to fib retrace of 50%
once it breakout 60.42 thn move up to 64.43
TFX break out of a wide consolidation range and reached a new all time high. All moving averages go up and the stock Shows a lots of strength. A possible target is 330-336$ and the stop should be round 285$
ALK breaks out of the sideway consolidation which last for over one year. The width of the range could mark a potential Profit target so that the target Zone lies in a range of 41-47$. Close the trade if ALK moves back into the range.
Expertcrudeoil.com - Oil close to 2019 highs on OPEC supply cuts, US sanctions
Brent crude oil fates were up 10 pennies at USD 67.64 per barrel, additionally near the current year's pinnacle of USD 68.14 achieved before the end of last week.
Oil costs were almost 2019 highs on Tuesday, upheld by supply cuts driven by maker club OPEC.
US sanctions against oil...
CMI built up a Bottom on a Long lasting supportzone at 130$. Double (or tripple) Bottom finished with the break of the resist at 153$.
Profittarget is at 178$ which nearly perfectly fits to the Setup. Two factors support this target:
1. The Zone at 178$ was an old resistance
2. If you add the width of the range to the breakout Level than you will get the same...
HBI is in a Long Lasting downtrendchannel. A nice bearish engulfing built up near the upper Bound of the channel in the Weekly timeframe that maybe Signals the end of the upside leg. Take a shortposition the next week.
Oil prices firm as supply deficit emerges amid disruptions.
Oil costs were firm on Friday in the midst of generation cuts driven by OPEC and as US sanctions against Venezuela and Iran likely made a slight deficiency in worldwide supply in the main quarter of 2019. In any case, oil costs have been topped by worries that a financial lull will before long begin...
