Oil price slips on signs that supplies increase in the biggest markets

Source: Bloomberg
© Scanpix/Reuters

Oil futures for December settlement slipped by 0.7%, or 58 cents, to $84.99 a barrel during Sydney trading session on Tuesday. The oil price decreases as investors see signs of increasing supplies in the U.S. and China, the biggest oil consumers markets. Also, traders have expectations that the U.S. stockpiles data will be in the highest level in the last quarter.

Back to articles

Actual Topics

Tue, 13 Nov 2012 10:17:55 GMT

British inflation accelerated on tuition fees last month

The Office for National Statistics reported on Tuesday that annual inflation in the United Kingdom gained more than expected in October. The British inflation reached a level of 2.7% compared to a reading of 2.2% in the preceding month. Economists, however, expected a 2.4% increases last month. The bureau commented that tuition fees were the most significant contributor to the

Tue, 13 Nov 2012 12:07:36 GMT

Gold industry experiencing challenge to discover new resources

According to the largest gold producer, discovery rate of new resources decreases, while the exploration expenses reached the record level of $8 billion last year. Three new sources were discovered last year, as in 1991 the number was 11 and none of those are not "super big".  Due to a decreasing production quantity and a boosting demand from investors and central banks, gold price

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.