top of page
Cerca
  • alugli

Oil swims In Narrow Price BandBy - Jul 31, 2019,

Oil prices appear to be trapped within a relatively narrow range, squeezed between competing forces on both the upside and downside.

There is no shortage of news, but WTI is stuck between $50 and $60, and Brent is stuck between $60 and $70. Obviously, nothing is ever static in the oil market, and the one truism about oil is that volatility can and will return. But for now, oil is range-bound, supported by supply outages, OPEC+ cuts and geopolitical unrest on the one hand, but capped by weak demand and a looming return of surplus on the other.

5 visualizzazioni0 commenti

Post recenti

Mostra tutti

Commissione UE: avremo mai qualcuno competente in Europa?

EU Rules on Methane Curbs May Boost LNG Industry, (Bloomberg) -- New rules on curbing methane emissions in Europe’s energy sector may actually boost the case for liquefied natural gas and shouldn’t af

Is The EV Revolution Still Happening?

(by Irina Slaw) ..prima o poi l'evidenza tecnica, economica ed ambientale emerge.. "During the latest profit season, executives from the auto industry probably surprised many by announcing revisions t

bottom of page