Brent oil fell ahead of key US pipeline reversal

Note: This section contains information in English only.
Source: Dukascopy Bank
Energy commodities were mixed on Monday with rising natural gas and crude oil and falling Brent and heating oil. Crude and Brent oil came under pressure as talks between Iran and six main economies are expected to bring positive results. Brent oil tumbled as a reversal of one of the major US pipelines, the Seaway pipeline, is likely to be finished two week ahead of schedule. The spread between crude and Brent oil narrowed by 2.50 US Dollars as the pipeline will decrease crude oil inventory buildup in Canada and North Dakota. Meanwhile natural gas rebounded from record lows on the expectations for stronger international demand; however, warm weather continued to weight down on natural gas and heating oil.


Back to articles

Actual Topics

Tue, 17 Apr 2012 19:47:27 GMT

FTSE 100 rallies on building permits

FTSE 100 index rallied on Tuesday as Spanish successfully auctioned bonds and US posted higher than expected number of building permits. Moreover data showed UK inflation unexpectedly surged in March sending pound higher versus greenback. Banks led the gains as Spanish yields declined. Barclays added 3.9% and Lloyds Banking gained 2.9%. On the downside store chains Burberry and Marks &

Tue, 17 Apr 2012 19:39:32 GMT

Rural commodities slumped on improved supply prospects

Agricultural commodities extended previous slump on Monday as firmer US Dollar and softer global equities added pressure to the commodity pack. Grains were mainly impacted by the improving weather conditions in the main planting regions in the US, the Great Plants and Midwest, that are expected to boost harvest prospects. At the same time sugar declined as Brazil is likely

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.