Energy markets tumble despite possible supply disruptions

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Energy markets continued to tumble on Thursday with the Dow Jones-UBS Energy Index dropping by 1.62 over the day. Crude oil opened higher yesterday on the possible shutdown of the oil exports from Nigeria; however, after European officials announced that embargo of Iran's oil imports is likely to be delayed for six months, crude oil dropped 1.75%. EIA report on increasing oil stocks coupled with weak economic data in the US both also contributed to the downward move of the crude oil price. Mild weather forecasts and rising stocks in the US impact prices of other energy commodities as well.



Back to articles

Actual Topics

Fri, 13 Jan 2012 16:47:51 GMT

Merkel's party claims Greece's exit from Euro Zone is possible

Merkel's Christian Democratic Union puts extra pressure on Greeks to rescue Euro. Officials from German Chancellor's party are urging Greece to fulfil the requirements to get second bailout package, pointing out that Greece's exit from Euro Zone is realistic. Greece keeps struggling to approve a debt-swap agreement with private lenders. 

Fri, 13 Jan 2012 16:47:26 GMT

Corn's link with coffe decreases after US crop report

Corn continue to face strengthening tie with wheat as all grain commodities fell sharply after US crop report. At the same time, corn correlation with coffee edged down to 0.41 from 0.75 as coffee price continues to be supported by unfavorable weather forecast in South America. Corn's dependence with Dow Jones Industrial Average (INDU) slightly increased to 0.06 over the

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.