1. syamfx2020

    DAILY MARKET REPORT - Tuesday, July 06, 2021

    Crude oil futures slightly retreat after hitting a new session high on Tuesday following the OPEC+ failed to agree on a deal to increase production. OPEC's Secretary-General Mohammad Barkindo said in a statement on Monday the meeting had been cancelled. “We cannot extend the agreement or...
  2. syamfx2020

    US oil trades above $70 mark: Can the rally last?

    US oil price benchmark West Texas Intermediate (WTI) gained more than 6% since the start of June and reached the highest level since 2018. Read my detailed fundamental and technical analysis of WTI here - https://gulfbrokers.com/en/us-oil-trades-above-70-mark-can-the-rally-last
  3. syamfx2020

    Crude oil prices skyrockets 5% boosted by OPEC deal

    "It is a great New Year present for the whole oil industry," Russian Deputy Prime Minister Alexander Novak said on the second day of 13th OPEC and non-OPEC Ministerial meeting. Crude oil price climbed to 11-month highs boosted by the compromise deal between the Organization of Petroleum...
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    Floating loss "transferred" to swap on WTI Oil

    Hello members, I'm trading on a demo account and decided to trade WTI CFD. The data feed from the broker is very weird and very far from the data elsewhere (on Tradingview). I went long (bad decision) and the trade's floating loss got bigger. But I was hoping that with OPEC's decision it would...
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    Hello guys, Once more I'm here to report a very serious scam, WTI - wtinvestments.com and its owner, Otiniel Ribeiro. They promised me a 20% interest rate for my initial investment of 20k usd and I had to keep my Money there for 12 months. They sent me a statement every month with my new...
  6. S

    Oil price rose to three-month highs, boosted by Middle East tensions

    Oil prices are trading at three months high on Monday after the news of U.S. airstrikes in Iraq and Syria against Kataib Hezbollah, an Iran-backed militia group. U.S. officials said Sunday that the attacks were successful, but warned that “additional actions” may be taken to defend U.S...
  7. S


    OIL RISES AS INVESTORS AND TRADERS AWAIT THE OPEC MEETING UPDATES. Today the Energy and oil ministers from the 14-member OPEC will meet at OPEC's headquarters in Vienna. On Thursday WTI crude oil had gained 4.2% of its value after the API report revealed a greater than expected drawdown in...