Tag - oil

OPEC is thinking of an emergency meeting. Why is that?

The current trading week is going to be quite eventful!

On the W1, Brent oil formed a bullish “hammer”…

How did the US-Iran conflict end and what were the consequences for oil and gold prices? We examine these and other important events of the Forex market in the weekly market outlook from FBS, giving an outlook for the coming days and the ways to use it…

The volatility of the oil price these days questions the previously taken uptrend. Or does it not?

Oil price in 2020 is one of the central discussions among the analysts. What it will be depends on the factors of influence, which we examine in the article.

What are the importance of OPEC meetings and their influence on oil prices? This article examines the main factors answering this question.

Technically, Brent made a big advance yesterday rising from the support of the 100- and 50-day MAs in the 61.25 area.

OPEC will hold another meeting on December 5-6. This article examines the possible outcomes of this meeting in the context of one of the primary influence factors.

This week Brent has reached the highest levels since the end of September. It looks like oil has bottomed. Yesterday the price met resistance at 61.80 (100-day MA).

Technically WTI is testing levels below the 200-week MA. This makes it vulnerable for the retest of June and August lows.

What’s next for oil? In this article, we try to analyze various fundamental factors to answer this question.