Binary Options News

According to the latest forecasts of oil market analysts, we will be able to observe a significant increase in supply caused by an increase in the raw materials export volume from the Russian Federation, the United States and Saudi Arabia in the near future. Such a forecast has confirmed the market participants’ expectations, who apprehended the news about the decrease in the "black gold" exports from Iran and Venezuela, which faced a tough regime of sanctions again.

During the trading session on Monday, there has been noted a decline in prices for the "Gold" commodity asset. The demand for this asset usually grows during a tension period in the world political arena, but as we see, at the moment, the relations normalization between the United States and North Korea is taking place.

The latest news from Russia has allowed the analysts to forecast that the threshold of the oil production allowed volume within the framework of the OPEC + 11 Agreement will be increased by 1 million barrels / day soon.

As a result of the Wednesday’s trading session in the Chinese stock market, the analysts have recorded a decline in the major indices, which is explained by negative statistics in strategically important sectors of the country's economy. The companies from the telecommunications, oil and gas industry, as well as the insurance field, have become the depreciation leaders today.

As for OPEC + 11, the past week was marked with positive changes in the Oil prices. It should be noted that the Oil quotations have exceeded the $ 80 mark per barrel for the first time since 2014. 

The Friday’s trading session in the Asia-Pacific commodity market was marked by the fact that the Oil prices have exceeded the $ 80 per barrel mark for the first time since 2014. Contrary to the increase in production in the USA, the quotations continue to be appreciated, which can be explained by the anxiety of investors amid uncertainties about the deal with Iran in the nuclear program.

During the today's trading session on the COMEX (a division of the New York Mercantile Exchange), the value of the “Gold” commodity asset futures contracts has been significantly appreciated. What is the reason for such interest of investors in these assets?

Despite the fact, that last week the world oil market showed confidence, the first trading session of the week has begun with a decline in oil futures quotations.

The forecast of the analysts of an authoritative investment bank, the Bank of America, stirred up the world oil market yesterday. This forecast carefully analyzes how the change in the balance of supply and demand will affect the "black gold" world market and how the sanctions against Iran will affect the world market as a whole.

Recent forecasts of the influential American experts convincingly prove that the world oil market will grow steadily in the medium term. The most important criteria ensuring the oil quotations appreciation are the tense situation in the most important regions of the world in terms of oil production, as well as the persistence of OPEC + 11 in the recovery of oil prices to above $ 100 per barrel.

By the closing moment of the Friday’s trading session on the COMEX commodity exchange (the New York Mercantile Exchange subdivision), the price of “Gold” asset contracts has been slightly appreciated. At the same time, the experts have noted a decline in quotations of all other precious metals, as well as of “Oil” and “Gas” commodity assets.

During today's trading session in the commodity market of the Asia-Pacific region, the “Gold” commodity asset prices have been adversely affected by the USD appreciation. As a result, by this time, the futures contracts for the “Gold” commodity asset are traded at the mark of $ 1326.80 per troy ounce (-0.47% or 6.20 points).

At the end of last week, the President Donald Trump delivered a critical speech against the OPEC, which he accused of artificially inflating the price of oil. The market has reacted instantly to this discourse, and as a result, the quotations have gone down sharply. 

The Asian trading session has been closed in the green zone for all the oil market players. Such growth has become possible due to statistics, which convincingly proves that the oil volumes in American storage facilities decreased by 1.07 million barrels.

In the course of the first trading session ofthis week, the oil and related assets quotations have adhered to a downtrend.What is the reason for such a dynamic? 

This Friday, the trading session has been marked by the "Gold" commodity asset quotations significant appreciation on the Asian trading platforms. The President Trump’s intention to impose additional duties in the amount of $ 100 billion on the goods from China (in addition to the current $ 50 billion), has inflated the reserve assets quotes immediately.

Contrary to the fact that the latest statistical data from the US prove that the oil demand is growing convincingly, the oil quotations have continued to depreciate in the course of trading on the Asian commodity markets. 

The trading session of Monday has started successfully for the oil traders. Encouraged by the news of a reduction in the number of existing drilling rigs in the US, the oil assets quotations have jumped up. If the trend continues, there is every chance that these assets will be in the green space at the close of trading on the Wall Street.

By the time of the trading session close on Friday at the largest Asian trading platforms, the quotations appreciation of the futures contracts for the West Texas Intermediate (WTI) Crude Oil had been recorded. 

On Wednesday, the trading session on the China's stock market has been unsuccessful for most companies from such sectors of the economy of oil and gas equipment manufacturing, insurance, chemical industry, and telecommunications. T