Forex Books Talking

Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place.

According to Clipper Data market intelligence cited by the Financial Times, we've seen a 5 percent decline in U.S. crude oil export volumes since the beginning of this year. The data suggests tha

ye aik real buiness hai is mein koi fraud nah hai is ko bahut ys loog kr rahy hain aur kafi mehnat sy kia jata hai yenaik god buiness hai is ko kafi mehnat sy kia jata hai phir is mein sucesss hoti hai ye aikr eal

beginning of this year. The data suggests that on average we are exporting (waterborne) 325,000 barrels per day now, compared to 342,000 barrels per day during the first months of 2015.

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase

U.S. oil production has steadily lost ground over the past two quarters, with production falling more than a half million barrels per day since hitting a peak at nearly 9.7 million barrels per day (mb/d)

peak at nearly 9.7 million barrels per day (mb/d) in April 2015. American oil companies have gutted their budgets and have put off drilling plans, with many projecting absolute declines in 2016.

s This The End for Crude Oil? / Commodities / Crude Oil By: Sol Palha The end is never as satisfying as the journey. To have achieved everything but to have done so without integrity and excitement is to have achieved nothing. Anonymous

On Friday, crude oil lost 1.30% after unexpected increase in U.S. oil rig counts. As a result, light crude slipped under $42 and closed the day under the previously-broken 61.8% Fibonacci retracement. What’s next for the commodity?

Recently, Light Crude has seen a dramatic 35%+ increase in value. As the current price continue to flirt with $40 per barrel, the likelihood of a further price rise is on everyone’s mind.

of a further price rise is on everyone’s mind. With recent lows near $26 per barrel, what is the possibility that oil will form a base above $30 and attempt a rally?

Historically, the 2009 low price for oil was $33.20. This level should be viewed as a key level of support for current price action. The recent price rotation below this level is a sign

price rotation below this level is a sign that oil prices are under extreme pressure in the current economic environment with a supply glut and slower than expected demand.

Oil Price Won't Stage A Serious Rebound Until This Happens / Commodities / Crude Oil Oil prices have shown signs of life over the past few weeks, as production declines in the U.S. raise expectations that the market is starting

to adjust. As a result, Brent crude recently surpassed $40 per barrel for the first time in months. A growling list of companies are capitulating, announcing production cuts for 2016.