Huge US oil surplus may fill storage, prices cut

Note: This section contains information in English only.
Source: Bloomberg
A record glut in US oil inventories may stretch the world's largest economy's storage capacity, enhancing a drop in prices and curbing its output, the International Energy Agency reported. West Texas Intermediate oil, the US benchmark, erased earlier gains falling 0.8%, or 38 cents, to $46.67 a barrel during the New York Mercantile exchange as of 9:53 a.m. in London.
Back to articles

Actual Topics

Fri, 13 Mar 2015 14:09:04 GMT

Chinese carbon emissions level decrease for the first time in 14 years

The total amount of carbon dioxide, in China, decreased by 2% in the preceding year, showing the first decline since 2001, and giving hopes, that air pollution preventing measures are working. Moreover, the demand for coal is decreasing, while other fuels are consumed more, these reasons, also help to curb level of pollution.

Fri, 13 Mar 2015 13:47:04 GMT

Greenback continues its bullish tendency

The US Dollar is experiencing its best gains in six and a half years, since investors have time to speculate, before the possible Fed's interest rate hike in June. The Dollar managed to rebound on Friday, before Fed policy makers meeting, which is scheduled for the next week. Meanwhile, the US currency climbed 0.5% to trade at $1.0577 per Euro;

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.