Brent oil flat on demand concerns from the Euro Zone

Note: This section contains information in English only.
Source: Dukascopy Bank
Energy markets were mostly higher on Wednesday as news that Greece will receive the latest bailout package eased worries about crisis in the region.

Crude oil was the only loser as US inventories continued to stockpile. Moreover, increasing oil supplies from the OPEC continued to create additional pressure on the crude oil's price.

Brent oil was marginally higher as demand concerns slightly decreased after reports that Greece will gain monetary support from the euro zone. 

Natural gas surged to eight-week high after IEA trimmed its estimate for domestic production and raised demand forecast.

Heating oil was steady amid relatively high US inventories and normal temperatures for this year period.
Back to articles

Actual Topics

Thu, 10 May 2012 16:21:11 GMT

Corn slid amid speculation about further price decrease

Rural commodities were mixed on Wednesday amid the Euro Zone's turmoil and favorable weather conditions in the US.Wheat tumbled as speculation that the US inventories will be higher this season pushed the price down. Corn was the top-loser after news that corn price is expected to fall during 2012-2013 season to a range between 4 and 5 US Dollars per

Thu, 10 May 2012 15:59:10 GMT

Nickel may gain on lower iron-ore prices

Industry metals followed bearish trend on Wednesday along with slowing China's demand and uncertainty over the Euro Zone's debt crisis.Aluminum declined amid fresh elections worries in the Euro Zone; however, improving spot activity may support the metal in the following sessions.Copper attained three-week low, sliding under 8,000 US Dollars per ton as risk-appetite among investors was dented by turmoil in

Subscribe to "Fundamental Analysis" feed

Souscrire
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.