mynameisandhy Posted February 16, 2013 Author Report Share Posted February 16, 2013 The strengthening of the U.S. Dollar overload Oil Friday, February 15, 2013 Oil futures fell on Friday, as investors consider the strengthening of the U.S. dollar against the positive news from the manufacturing sector of the New York area. The increase in the dollar against other major currencies increasingly burdensome price of oil, because it can make the price of oil will become more expensive. Economic data States Empire manufacturing index moved in a positive direction for the first time since July, according to the Federal Reserve Bank of New York on Friday. Index rose to 10.0 in February from minus 7.8 the prior month, economists expect the index to print prior minus 2.0 in February. Oil is currently moving in the range of 96.30, the highest level in the lowest level at 97.46 and 96.09 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 18, 2013 Author Report Share Posted February 18, 2013 Surviving Oil Near $ 96 Monday, February 18, 2013 U.S. crude oil contracts held steady on Monday after falling more than 1% in the previous session following the decline in U.S. industrial production. Trading volume tends to be depleted in the U.S. related to the holiday. Crude oil for March fell 12 cents to $ 95.74 a barrel. The contract fell as much as 1.5% on Friday. The contract rose 22 cents brent himself to $ 117.88 a barrel, after posting a weekly fall for the first time last week Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 19, 2013 Author Report Share Posted February 19, 2013 Oil Weakens Post-Holidays Tuesday, February 19 201 U.S. crude oil contract moved down in the early Asian session on Tuesday, after the holiday loneliness related trades in the U.S.. U.S. crude contract for March fell by 26 cents to $ 95.60 a barrel. Brent contract rose 10 cents to $ 117.48 per barrel. U.S. manufaktuir activity begins with the weak pace of this year when the data output of the motor vehicle plunged in January, but the recovery in manufacturing activity there this month showed that the fall in performance may be only temporary. The presence in Saudi Arabia cuts production and export levels would probably support the strengthening of prices. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 20, 2013 Author Report Share Posted February 20, 2013 Oil Near $ 97 Ahead of U.S. Data and Europe Wednesday, February 20, 2013 U.S. crude oil contract moved near $ 97 a barrel Wednesday ahead of the data from the U.S. and European ekonmomi that might help guide the directions on the global economy. WTI contracts touching 4 month high above $ 98 last month, but prices traded below U.S. data since overtaken by concerns that Europe's recovery may occur longer than expected. U.S. crude contract for March, which ends on Wednesday, slightly moving in the rate $ 96.72 per barrel. The contract rose 0.8% on Tuesday, in line with the strengthening of the U.S. market. Optimism that the debt crisis in Europe from end to help the German investor and analyst sentiment rose to its highest level in nearly three months, this month. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 21, 2013 Author Report Share Posted February 21, 2013 U.S. Crude Oil Futures Continue Weakness Thursday, February 14, 2013 U.S. crude futures fell -1.47% on Thursday continued weakening Wednesday as investor fears that energy prices are too high causes a collapse in demand. Trading volume is also indicated to be significantly rise as oil prices weakened to its lowest level in a month below $ 94 per barrel. Euro zone PMI manufacturing data also helped add to the weak sentiment of market participants, due to indications of economic weakness in Europe is increasingly in the months of February and opportunities report negative GDP growth in the first quarter of 2013 so that demand is still weak diekspektasikan. Another negative catalyst was rising supply U.S. oil stockpiles outside estimates reported by the API on Wednesday. Crude oil inventories rose 3 million barrels reportedly exceeded the estimated 2 million barrels. Furthermore, market participants will wait EIA oil inventory report to be released later tonight. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 23, 2013 Author Report Share Posted February 23, 2013 Gold Prices Continue Correction Friday, February 22, 2013 The price of gold is still seen at risk of weakness in the short term. This occurs due to interruption of the U.S. stimulus program and the implementation of spending cuts will begin March 1, according to analysts at OCBC Bank, Barnabas Gan. "From the technical side, the gold price will move down to the range of the 50-day MA, and keep moving below its 200-day," said Gan. The next gold price movements depends on the correction occurs. Support levels of precious metals in the range of $ 1.550 / oz, and 1.520 USD / oz. Spot gold was at $ 1,580.60 / oz, up $ 3.60 from its previous close. Quote Link to comment Share on other sites More sharing options...
John1 Posted February 25, 2013 Report Share Posted February 25, 2013 Gold Falls 2.3% in Week to Seven-Month Low By TATYANA SHUMSKY Gold prices ended at a seven-month low, resuming their downward march, as some investors opted to leave the market amid dissatisfaction with the yellow metal's performance. Gold for February delivery, the front-month contract, fell $5.80, or 0.4%, to $1,572.40 a troy ounce on the Comex division of the New York Mercantile Exchange, the lowest settlement price since July 18. The precious metal is down 6.1% this year. Gold slid 2.3% this past week and is down 12% from its 52-week high of $1,794.10 hit in October. Gold's fall has come amid increased competition from better-performing stocks and as investors worry about the exit of large fund managers like George Soros from the bullion market. Gold prices made a move below the $1,600 level after a bearish reading of the Federal Reserve's January meeting minutes was released Wednesday. Fed officials showed discomfort with existing monetary policy, sparking worries that the central bank may tighten its easy-money measures sooner than expected. "Market participants fear that the punch bowl is going to be removed a lot sooner than anticipated…that detracts from wanting to buy gold as an inflationary hedge," said Matt Zeman, head of trading at Kingsview Financial. Mr. Zeman said $1,523 is the next level of support for gold, though the market could witness a temporary rally or "dead cat bounce" this coming week before prices resume their march lower. "Gold has a lot of things working against it right now," he said. Brokers and analysts said that easing fears with regard to Europe's future added to the pressure on bullion prices. Gold is widely considered a haven from economic uncertainty and currency risk, but demand for such assets tends to wane when investors' fears subside. "One of the things that drove a lot of people into gold is fear of the European Union breaking up and the euro disintegrating. None of that happened," said Frank Lesh, broker and futures analyst with FuturePath Trading. "Some of the reasons you'd buy and hold gold are just not there anymore," he said. In a new twist, a record number of speculative investors is betting on lower gold prices through short futures positions on the Comex. These bearish positions are adding to the weight on gold prices, brokers and analysts said. "We've got people getting short gold, and rightfully so," Mr. Lesh said. A version of this article appeared February 23, 2013, on page B5 in the U.S. edition of The Wall Street Journal, with the headline: Gold Falls 2.3% in Week to Seven-Month Low. http://online.wsj.com/article/SB20001424127887323549204578320693852856424.html Quote Link to comment Share on other sites More sharing options...
John1 Posted February 25, 2013 Report Share Posted February 25, 2013 Oil prices to drop as shale oil flows By Flint Duxfield Monday, 25/02/2013 A consultant's report says oil prices could drop as much as 40 per cent in the next two decades due to the growth of the shale oil industry. Price Waterhouse Coopers predicts the industry could provide around 14 million barrels of oil per day by 2035 - about 12 per cent of the global oil supply. Lead energy analyst with Price Waterhouse Coopers, Jock O'Callaghan, says it will take significant investment to launch a shale oil industry in Australia. "Scale that makes it big enough to make it worth feasible require will require some really tough decisions and lots of money put into it," he said. "Just as we've seen with LNG [natural gas], it's not like you can do these things on a small scale. "It's not just a case of bigger is better, but bigger is necessary." The International Energy Agency estimates that shale oil expansion in the United States will see the US overtake Saudi Arabia and Russia as the world's biggest oil producer by the end of the decade. Mr O'Callaghan says the impacts of a lower oil price will have flow on effects throughout the entire economy. "You've got this overriding effect of everyone's cost going down for fuel," he said. "And then you have the industries which are dependent on oil where there costs will come down. "Manufacturing, industrial, transport and fuel costs for agriculture is another." If the expansion of shale oil continues as planned, Mr O'Callaghan says, the lower oil price could also have impacts on the renewable sector. "If the investment dollar around the world might have been earmarked towards renewables, this presents another option." http://www.abc.net.au/rural/news/content/201302/s3697432.htm Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 25, 2013 Author Report Share Posted February 25, 2013 Bernanke Speech to End the Oil Price Decline Monday, February 25, 2013 Oil prices are expected to continue to fall this week despite the decline may be limited if the U.S. Federal Reserve Governor Ben Bernanke maintains a policy stimulus from the central bank this week on a half-yearly testimonials to Congress on Tuesday and Wednesday. 8 of 11 respondents, or more than 70% of expected oil prices will decline this week while three others said the price of oil will be in the range of current levels. No respondents expect bullish for oil this week. "Liquidity global commodity prices move more than the fundamentals of demand and supply," said Gaurav Sodhi, natural resource analyst at Intelligent Investor in Sydney, so it was "very important if Bernanke reiterated his statement that once the financial markets - that he intends choosing to continue QE [quantitative easing] to achieve employment targets. " Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 26, 2013 Author Report Share Posted February 26, 2013 Tap Oil Contracts 7 Week Low Related Deadlock Italy Tuesday, February 26, 2013 U.S. crude oil contract fell by more than 1 U.S. dollar to a seven week low on Tuesday after the estimated voting in Italy showed no strong coalition government formed. West Texas Intermediate oil contract for April fell as much as $ 1.03 at $ 92.08 per barrel figure. Price touched the low of $ 91.92 earlier, the weakest since Jan. 4. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 27, 2013 Author Report Share Posted February 27, 2013 Oil please register Lowest Level in Year 2013 Wednesday, February 27, 2013 Oil futures fell on Tuesday to mark the lowest level in 2013, pressured by the Italian election results are not convincing that may revive fears over the European pereknomian and oil demand outlook. Oil prices failed to meet its support despite rising consumer confidence and the rise of housing data implicitly suggests improving outlook for energy demand in the U.S.. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted February 28, 2013 Author Report Share Posted February 28, 2013 Streaking Oil prices in Asian Markets Thursday, February 28, 2013 Oil prices appreciated in early Asia trading session due to U.S. oil inventories are assessed rose less than expected due to the driving signal from the euro zone. Brent oil climbed back above $ 112/barrel after falling to a low level in five weeks on Wednesday (27/02). Talks on Iran's nuclear progress is not great, which means but end up with some agreement that Brent oil prices hit back. The delegates agreed to meet again next week. Spread oil price WTI-Brent narrowed to $ 19.12/barrel. Nymex crude oil futures rose 40 cents to $ 93.16/barrel and Brent oil rose 40 cents to $ 112.27/barrel. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 2, 2013 Author Report Share Posted March 2, 2013 Oil Print Lowest Level This Year Friday, March 1, 2013 Crude oil futures fell on Friday to please register their lowest levels this year as China manufacturing data disappointed and the rising unemployment rate in the European Zone weakens the outlook for energy demand. "Prices have fallen as seen fragility of the two main pillars which plays an important role in oil markets, namely China and the U.S.," said Matthew Parry, an oil analyst at the International Energy Agency. China PMI data fell to its lowest level in four months, and right on the verge of a key boundary level 50, which showed manufacturing sentiment difference between expansion and contraction, he added. "For the U.S., some traders will feel suffocated by the news that the IMF will reduce by 0.5% of the estimated growth in 2013 (to 1.5%) if the budget cuts on the run, "said Parry. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 4, 2013 Author Report Share Posted March 4, 2013 U.S. Crude Oil Futures Fell Monday, March 4, 2013 Crude oil futures slumped in European trading session on Monday as concerns the negative impact of budget cuts automatically for $ 85 billion effective from March 1. Another negative catalyst macroeconomic data from China that bearish, where the non-manufacturing index fell another Chinese premier in February that raised concerns China's economic growth. Furthermore, investors will await the results of the euro zone finance ministers meeting in Brussels, the recent Italian election results were surprising trigger anxiety airings Euro zone debt crisis to impose the rate of demand for oil. Observed so far U.S. crude futures for April contract fell -0.19% to $ 90.51 per barrel, after reaching its highest point at $ 90.89 intraday and daily lows at $ 90.09 per barrel. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 5, 2013 Author Report Share Posted March 5, 2013 Crude Oil Futures Raised Up Amid Geopolitical Risk Tuesday, March 5, 2013 U.S. crude futures soared in Asia trading session on Tuesday as investors short covering action after oil closed at its lowest level in two months on Monday. Observed so far U.S. crude futures for April contract traded 0.11% higher at $ 90.25 per barrel level, after reaching its highest point at $ 90.70 intraday and daily lows at $ 90.12 per barrel. Despite the reported decline in the index of non-manufacturing PMI for China in February and last policies to curb China property sector triggered anxiety in energy demand, but the market has shifted to focus on geopolitical risks in the Middle East after Israeli Prime Minister Benjamin Netanyahu warned that Tehran's nuclear program the state has violated the rules. In separate violence in Libya helped force reduction in oil output lading Elephant & Wafa oil, thus raising the issue of geopolitical instability in the region. Furthermore, investors will wait for API oil inventory report and the ECOFIN meeting, as well as the development of the U.S. budget negotiations with China ruling party congress that can provide directions next oil. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 6, 2013 Author Report Share Posted March 6, 2013 Gold ETF Demand Weakens As Slump Wednesday, March 6, 2013 U.S. gold prices move down as demand for commodities fell and investors continue to absorb the impact of government spending cuts in the U.S. to gold. The data showed holdings in the SPDR Gold Trust, which recorded a fall in 9 consecutive day Friday. "In February monthly trade flows indicate that the physical movement of gold background. The continued movement of change to move down the greatest risk to the price, in our view, be said Suki Cooper, a strategist at Barclays Capital, in a note. Spot gold fell 0.1% to $ 1,573.46 per ounce. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 7, 2013 Author Report Share Posted March 7, 2013 Oil Still Depressed U.S. Supply Data Thursday, March 7, 2013 Oil prices traded near its lowest close this year after U.S. crude supplies rose nearly 5 times as much as forecast. Oil prices fluctuated after falling for the fourth time in five days yesterday. U.S. crude oil supplies increased by 3.8 million barrels last week, compared with an estimate of 788,000 barrels, according to the U.S. Energy Department report. "Reports from yesterday Dep.Energi bearish for crude oil prices," said Michael Poulsen, an analyst at Global Risk Management Ltd.. in Odense, Denmark. "Fundamentally, the oil market is fairly balanced." Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 8, 2013 Author Report Share Posted March 8, 2013 China Import Data Stop Oil Rally Friday, March 8, 2013 Oil futures contracts tracked lower on the trading session on Friday (08/03). Prices fell after the release of the report decline in China's oil imports. Now the attention of market participants focused on the employment report from the United States (U.S.). Crude oil for April delivery fell 25 cents, or about 0.3% to $ 91.31 per barrel. Weakening this time came after oil prices rallied as much as 1.3% in the last regular session of NYMEX. Rival products namely-London Brent also fell as much as 35 cents, or 0.3%, to $ 110.80 per barrel. Small correction some time ago came after Chinese customs reports the number of China's oil imports fell 2.4% between the months of January-February compared to a year ago. As China's refined oil imports rose 6.1% in the same period. At the same time, exchange rate dollar also rose against other currencies. The dollar index rebounded from 82 090 (note Thursday) to 82 207 today. Exchange stronger dollar makes selling oil and other commodities become more expensive for investors. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 11, 2013 Author Report Share Posted March 11, 2013 Oil worry about Saudi Actions and Chinese Conditions Monday, March 11, 2013 Oil prices please register weakening thin in the London session as investors worried about the prospect of excess supplies in the middle of the fragility of demand. Bloomberg reported that Saudi Arabia, the world's major oil producers, have increased oil production by 100,000 barrels to 9.15 million barrels. On the other hand, industrial production, retail sales and Chinese lending weakened; This course will signal the fragility of China's energy demand. However, the weakening of oil may be limited as still bleak political situation in the Middle East, the world's major oil producers. The rebels again attacked the Syrian government in order to strengthen their position in the city of Homs. Though, Syria is not a major oil producer but investors still worry the turmoil could spread to other countries in the Middle East. In the meantime, please register weakening thin oil in the London session. Nymex oil is now trading $ 91.69; were not so far from the daily opening level $ 91.84 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 12, 2013 Author Report Share Posted March 12, 2013 OPEC: Demand Growth Outlook Unchanged In 2013 Tuesday, March 12, 2013 World oil demand is set to grow as much as 800,000 barrels per day in 2013, the Organization of Petroleum Exporting Countries (OPEC) on Tuesday in its monthly report for the month of March. Estimate was unchanged from the previous forecast and in line with the rate of growth seen in 2012. OPEC said the hope for a large chunk of petumbuhan expected to come from China, the Middle East, followed by other Asian countries and Latin America. Oil demand from countries in the Organization for Economic Cooperation and Development (OCDC), which consists of the developed countries in the world, is expected to fall forward, but less than in 2012. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 13, 2013 Author Report Share Posted March 13, 2013 Easter Rising oil OPEC Reports Wednesday, March 13, 2013 U.S. crude oil futures (WTI) terkerek rose after OPEC agency issued a report the expected growth in demand rose 800,000 barrels per day during 2013. Observed so far Futures U.S. crude (WTI) for the month April contract rose 1.21% at the level of $ 93.17 per barrel, after reaching its highest point at $ 93.37 intraday and daily lows at $ 91.60 per barrel. As with other commodities, oil will also be affected by the slowdown fears the Fed's QE stimulus earlier than estimated. Therefore, the ongoing support of Bernanke on QE successfully sustain oil prices. Besides the risk of increasing tensions of Iran due to sanctions tightened embargo also become a positive catalyst. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 14, 2013 Author Report Share Posted March 14, 2013 Oil Confident With Global Economy Thursday, March 14, 2013 Oil prices rose on the London session as widespread belief in the continued momentum of global economic growth so as to contribute to boost world energy demand. U.S. retail sales rose and the number of workers in Australia increased, this will certainly provide evidence of improvement in global economic conditions. On the other hand, New Zealand's central bank, South Korea, and Switzerland again to keep interest rates as he intimated a desire to maintain a loose monetary policy to support the economic performance of each country. However, oil rally apparently still blocked by fears of rising supplies. Data show increase in U.S. oil reserves for eight consecutive weeks in the U.S.. Has usainya winter in western countries seem to make consumers reduce demand thus driving the increase in reserves. Nymex oil is now trading $ 92.62; away from daily lows $ 92.17 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 17, 2013 Author Report Share Posted March 17, 2013 Oil Rising Along Weakening Dollar Friday, March 15, 2013 Oil futures climbed on Friday as the U.S. dollar weakened, but prices are still struggling to survive at the top level as the lower level of consumer sentiment to weaken consumer demand. The level of consumer sentiment fell to its lowest level since December 2011, with the data measured by the University of Michigan / Thomson Reuters that the results fell in early March at the level of 71.8, from a final reading at the level of 77.6 in February. Industrial production data on Friday is quite supportive for oil demand outlook. The Federal Reserve reported that industrial production rose about 0.7% in February. It was the highest monthly gain since November industrial sector. "The inflation data in the U.S. showed that the pressure is relatively low, helping the dollar to move lower," said Matt Smith, a commodities analyst at Schneider Electric. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 18, 2013 Author Report Share Posted March 18, 2013 Oil Continue weakening Related Euro Zone Uncertainty Monday, March 18, 2013 U.S. crude oil futures continue weakening in the London trading session on Monday as the euro zone's bailout sparked fears prop up the financial sector and the strengthening of the U.S. dollar against the various commodities. Observed so far U.S. crude futures for April contract fell -1.02% to $ 92.50 per barrel, after reaching its highest point at $ 93.26 intraday and daily lows at $ 92.14 per barrel. Euro zone economic crisis sticking out again, but this time the action is followed by the transfer of risk from the announcement of a tax on all bank deposits in Cyprus to help get the country's financial system bailout. Although there is no guarantee of Euro zone leaders in Brussels that Cyprus is a special case so penerapaan tax will not apply to depositors in other eurozone countries, but declining investor confidence in the troubled country and worry about other debt in the euro zone will have similar problems . Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted March 19, 2013 Author Report Share Posted March 19, 2013 Oil Light Sweet Approach 1 Month High, U.S. Crude Oil supplies seems Rises Tuesday, March 19, 2013 Light Sweet Oil (WTI) traded near 1-month high as tensions in Cyprus eased banking tax, which threatens the worsening European debt crisis. Today's report showed U.S. crude supplies rose the most since June. Oil futures were little changed in New York trading. Price back up today from 1.8% intraday weakness after the European Parliament gave the signal flexibility for retribution Cyprus bailout loan related problems. U.S. crude supplies probably rose for the ninth week, the highest rise since May, based on data compiled by Bloomberg before tomorrow's Energy Department report. Yesterday Saudi Arabia's oil minister, Ali al-Naimi said that oil prices at around $ 100 / barrel is "inappropriate" and will not strangle growth in the global economy. WTI April contract, which ends tomorrow at $ 93.75 per barrel, up 1sen, in electronic trading on the New York Mercantile Exchange at Asia session. More active May contract traded up to $ 94.13 2sen. The May contract for Brent fell 32 cents to $ 109.19 per barrel on the ICE Futures Europe exchange trading based in London. Quote Link to comment Share on other sites More sharing options...
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