Is demand for crude oil growing, or is supply contracting?
Stocks of crude oil in the United States plunged by 8.537 million barrels in the week ended June 11th of 2021, after a 2.108 million drop in the previous week, data from the American Petroleum Institute showed. It was the biggest draw...
US Natural Gas prices are choppy, the spread can be wide, and swaps do take a toll, but as this chart shows, rewards are there if you are willing to trust the indicators and hold.
Thanks for the feedback. Oil should continue to move higher as the US moves towards normalisation and the economy comes back to life. Next port of call is around $72 a barrel.
I find oil and gas trading easier and less stressful than Forex, and a lot less frustrating than trying to trade manipulated Gold and Silver markets.
From a fundamentals point of view, data is readily available, and narrow in nature. What I mean by this is best explained with a couple of...
I find oil and gas trading easier and less stressful than Forex, and a lot less frustrating than trying to trade manipulated Gold and Silver markets.
From a fundamentals point of view, data is readily available, and narrow in nature. What I mean by this is best explained with a couple of...
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