Tag: oil trading
How to Choose the Best Financial Markets in 2024
Have you ever wondered where to start trading?The financial markets are a vast landscape of opportunities, but it can be overwhelming for beginners. Financial Markets Finxo Capital will provide traders with a breakdown of the top financial markets to trade in 2024. The financial markets can be intimidating for new traders. The article aims to…
Online Oil Trading: The Ultimate Guide to Success with Finxocap
Online oil trading refers to investing in oil on trading platforms. This type of trading has become a popular market among beginners and experienced traders due to the huge profit margins made from it. The introduction of technology and online trading platforms has made it easy for traders globally to now be able to trade…
Commodity Trading in South Africa: Discover the Incredible Benefits of Trading with Finxo !
The World Bank reported on Tuesday that it was slightly upgrading its 2024 growth projection for the global economy as a whole, thanks to the strength of US demand after last year’s historic recession. Commodity Trading in South Africa: The Global Growth Outlook However, the Washington-based arm of the international financial institution stressed that the…
Stunning Surge: Oil Trading News You Can’t Miss!
Due to market expectations of additional summer fuel consumption, oil prices rose by 2% to the highest in a week on Monday. Amid the US dollar advancing and higher interest rates, analysts from investment bank JPMorgan Holdings anticipate the US Federal Reserve to keep benchmark interest rates elevated to curb pandemic-induced inflation. Oil Trading News:…
Power Surge: Oil Trading News Sparks Global Market Optimism
Global oil prices rose sharply on Tuesday, with expectations that the OPEC+ alliance will keep its existing crude supply cuts in place when the groupings meet on 2 June, buoying prices, reports Forbes. Oil Trading News: A Market Overview The dollar’s weakness also saw oil being seen by investors holding other currencies as attractive. The…
Top Commodities to Trade Now: Discover Surprising Market Shifts Impacting Oil, Gold, and More!
Top commodities to trade – Oil prices were steady on Monday as the market waited for more clues on where US interest rates may be headed, after several Fed officials weighed in with more cautious comments, even as inflation appears to be cooling down. Top commodities to trade: Oil trading opportunities Brent futures were down…
Oil Trading Price Soars: Discover trading boom!
Oil futures rose on Monday as the cost of buying oil in the future swelled as Saudi Arabia announced that it was raising June crude prices to most of the world. This after rising tensions between Israel and the Middle East and the reduced chance of an imminent ceasefire in the Gaza Strip stoked the…
Oil trading trends: Shell earns billions in crude trading
Oil trading was lower on Monday as hopes that Israel and Hamas would reach a ceasefire in Cairo helped to ease tensions over a potential wider conflict in the Middle East. Oil trading trends: Crude/WTI prices dip Benchmark Brent crude futures for June dipped by 70 cents, (0.8%) to trade at $88.80 a barrel around…
Commodity trends: Gold slides, oil drops, copper rises!
Gold prices slid 2% on Monday, as a broad commodities rebound kicked in with less focus on prospects for a Middle East conflict escalation, reducing demand for the metal as a safe-haven. Commodity trends: Gold trading opportunity Spot gold fell to $2,354.61 per ounce by 1148 GMT, tracking other markets where risk appetite has been…
Oil trading trends: volatility could spike the price to $100?
Buyers of Brent crude options this week bet on prices reaching $100 a barrel next year, swamping the market by a historic measure, as demand for oil surged in a fragile economy and turmoil in the Middle East. Oil trading trends: Highest trading calls Options for December 2022, the most active contract, reached $87.6 million…
