Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Friday, 20 September 17:06 (GMT -05:00)



Stock and commodities markets

USA Almost Doubles Oil Export in 2017


 

In 2017, the United States’ oil export reached 1,1 million barrels on average, which is almost twice as much as exported in 2016. These figures are confirmed by the EIA.
 
Apparently, Barack Obama’s decision to cancel the oil export embargo in 2015 has been contributing to this oil export growth. It’s interesting to note that in 2017, the number of outlets for the US oil exports increased from 27 all the way to 37 countries all over the world. Canada still remained the key outlet but its share in the USA’s overall oil export dropped from 61% all the way down to just 29%. China, which is the second-biggest importer of American oil, increased its share up to 20%. The UK and the Netherlands come third and forth with 9% and 8% respectively. As for the new buyers of American oil, India took the lead last year with 22K barrels a day by sharing the 10th place with Spain .

it’s also interesting to note, that the export of crude oil increased its share in the overall U.S. export up to 19%, which is much higher than the previous record of 13% seen in 1999. In absolute figures, the record is even more impressing – 6,3 million barrels a day in 2017 against 1 million barrels a day in 1999.
 
The U.S. crude oil production increased by 500K b/d up to 9,3 million b/d on average in 2017. According to the recent EIA report released in March, this year the average daily production of crude oil in the United States may increase by a stunning 1,4 million barrels.

The bottom line is, American oil companies seem to be outperforming their production and export plans for the year. According the International Energy Agency (IEA), February’s daily global supply of crude oil turned out to be 740K barrels higher than in February 2016, mostly because of the bigger oil export coming from the United States. It seems that American oilers have been reducing to nothing all the efforts made by the OPEC+ since the global commercial oil inventories increased in February for the first time since July 2017. They increased by 18 million all the way up to 2,871 billion barrels.

 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

iOS13 Outshines iPhone

For Apple fans, September has been a special month from many years. This is the time when Apple introduces the biggest innovations and the latest products destined to be best sellers for the next 12 months. This time, everything is likely going to be the same. In just a couple of days, on September 10th, we are to witness another Apple event.
 
Publication date: 05 September 03:28 AM

US-China Trade War Makes Oil Prices Drop

The previous trading week wasn't an exiting one. The oil prices grew in the first part of the week while trying to make up for the losses of the previous week. Still, the second half of the week turned out to be a bearish one. WTI oil prices dropped below 55 dollars per barrel while brent oil dropped down to 61 dollars per barrel. Yet, the bearish momentum is still there.

Publication date: 04 August 08:33 AM

Gold Prices At Highest Levels Since 2013

The recent statements made by the governors and presidents of the world's leading central banks, including the Fed and the ECB, eventually resulted ingold prices making it over 1400 dollars per troy ounce. This means that the current price of gold is the highest one over the last 6 years. So, the bull market of gold is underway.
Publication date: 03 August 04:17 AM

Middle East Tensions Support Oil Prices

The currenty trading week has been controversial for the international market of crude oil. Chances are, the market is going to be relatively neutral throughout the rest of the week. Brent oil is trading around 63,50 dollars per barrel while WTI costs 56 dollars per barrel.
Publication date: 30 July 11:07 AM

Is Economic Decline In USA Inevitable?

The NY Fed model points out to the fact that the probability of another recession in the American economy has increased all the way up to 33%. Over the last 50 years, such signals have almost always bee followed by recessions.
 
Publication date: 13 July 08:39 AM

Will USA Manage To Prevent Stock Market Crash?

The U.S. Federal Reserve has eased their rhetorics in order to avoid another stock market crash. International experts are now trying to predict the possible consequences of the decision made by the American financial regulator, especially form the stand point of international investors. 

Publication date: 11 July 11:31 AM

Masterforex-V Names Biggest Stock Exchanges

Stock exchanges have been operating worldwide for many decades. They are specific financial institutions  or marketplaces that operate to let people and companies invet in various stocks and other securities. Those are the stocks issued by various companies representing various industries - from mining to services. These days, you can invest in stocks, indexes, bonds, options, and other securities.
 
Publication date: 17 May 11:57 AM

Masterforex-V Names SSE's 20 Biggest Companies

There are several cities in the world that can be called centers of business and financial activity. Shanghai, China, is definitely one of them. This is the home to China's biggest stick exchange. Shanghai Stock Exchange (or SSE for short) is the world's 4th biggest stock exchange in terms of market cap and number one in terms of the pace of growth.

Publication date: 17 May 11:23 AM

Masterforex-V Experts Call Hong Kong Exchange Financial World's Biggest Provoker

At the current stange of market relations, one can easily define the spots of the biggest economic and financial growth. Apparently, stock exchanges are on the list.On the one hand, the constant turnover of financial assets is a good thing, so is the opportunity to buy or salle a stock without major effort. On the other hand, internatinal experts have been signaling potential threats for quite a long time. At Masterforex-V Academy, they think that the major provoker in the financial world is Hong Kong Stock Exchange (SEHK). By the way, this is the world's 6th biggest stock exchange in terms of market capitalization. Apparently, this kind of significance in the financial world is the key reason for those potential threats.

Publication date: 01 May 01:08 AM

Will U.S. Stock Market Grow This Year?

The American stock market has reached another crucial strange. The forthcoming macroeconomic stats may trigger a major move in any of the 2 directions. International experts say that the future market reaction will depend on a number of macroeconomic stats as well as several events. However, the current bias seems to be bullish since at this point, there are no major reasons to expect another stock market crash within the next 12-18 months.
Publication date: 27 January 07:56 AM