dakkoune

My Oil Outlook

Oil prices today are purely driven by Euro/USD trends, WTI reached to $53.04 a barrel by 0938 hrs GMT and we will see further decline during today especially if Euro /USD follow the downwards .
Oil as a commodity will continue fluctuating between $ 52 and $54 till we get a clear picture of US unemployment report and US bank reports.
Traders are getting lost when it comes to future and forcast no one has certainty about the market directions

My Oil Outlook

i would to know why crude oil traders are following stock market trends especially we know in advance that most energy companies are quoted in stock market but we forget that fundamental are used only when it is favorable to producers .

Oil Prices Likely to Face Pressure Until Q4

I agree with your analysis from demand and supply side but the oil market pricing today has no sense and it is not based on fundamentals only.
We are living in a world where trading is more powerful than demand and supply therefore we should not forget the consumer sentiment and the financial crisis in our analysis

Oil Prices Likely to Face Pressure Until Q4

historically speaking i agree with you but the 2008 surprise in oil prices will push us to think twice about the history prior to any decision or direction of crude oil prices .
in my opinion prices will remain floating between $ 40 and $ 55 for the rest of 2009 .
anyway your article is very usefull
thanks

Oil Futures: Money for the Taking?

Most of producers are State Companies and they are obilged to produce the Maximum oil to satisfy their govemnet Budget to rule the country Peacefully therefore even if prices pulldown to $ 25 there will be more oil in Market from Producers to compensate low price they have to pump more and more .