Oil Declines on Increasing Supplies

Note: This section contains information in English only.
Source: Bloomber
© Scanpix/Reuters
Oil traded around the one-month low after declining for 5 days, posting the longest period of loss since October, amid concerns that a government report will show supply increase in the U.S., the largest crude consumer. Gasoline inventories are expected to reach eight-month high, while distillate supplies may increase for a second week. The contract for January-delivery crude was settled at $85.74 a barrel, after falling 37 cents to $85.56 on Monday, the lowest since November 15. Prices fell 13% in 2012, which is the first annual decline since 2008.

Back to articles

Actual Topics

Tue, 11 Dec 2012 16:00:08 GMT

German ZEW Economic Sentiment rises more than expected

German ZEW Economic Sentiment rose 22.6 points to the highest level in seven months in December 2012, overshooting economists' projections. The Index of investor and analyst expectations increased from minus 15.7 in November to 6.9, while economists estimated a gain to minus 11.5."The financial market experts forecast the development of the economic activity in 2013 with pre-Christmas optimism. Although the

Tue, 11 Dec 2012 14:50:26 GMT

Dow Jones gains amid rising optimism on U.S. budget talks

U.S. blue chips inched higher on accelerating pace of budget talks to halt the so called fiscal cliff and optimistic outlook for the Chinese economy as the economic data beat the analysts' estimates. However, representatives of both parties cautioned that an agreement on all outstanding issues is far from achieved.The Dow Jones Industrial average advanced 0.1%, or 14.75 points, to

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.