Heroes of Ukraine

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

Monday, 22 July 01:53 (GMT -05:00)



Stock and commodities markets

Crude Oil Goes Above $80/b, Morgan Stanley Improves Oil Forecast


On Thursday, May 17th, Brent oil exceeded $80/b for the first time in 3,5 years. The last time the price reached this level was on November 25th, 2014.

In particular, the ICE Brent oil futures (London) for July delivery reached $80,18/b. This was a 0,9% gain over the last 24 hours, 8% since early May, and 19,5% since January 1st, 2018.
 
At this point, international experts name a number of reasons pushing oil prices higher. For starters, this is about shrining U.S. oil inventories (minus 1,4 barrels of crude oil and 3,8 million barrels of gasoline for the past week alone) as well as the sanctions the USA is going to impose on Iran in the near future after the former quit the nuclear deal. Another reason is the fact that the oil production in Venezuela has been going down for quite a while. At the same time, hedge funds have been actively betting on higher oil prices amid decreasing oil inventories in OECD states (all the way down to the lows of 2015). It seems that the decline in the global demand for crude oil predicted by the IEA coupled with higher oil production by non-OPEC producers has failed so far to convince international investors that there will be no oil deficit in the near future.
 

Still, chances are the market panic vanishes over time. Experts say there is a huge gap between paper oil and physical oil (oil futures and actual crude oil). To be more specific, there is a major imbalance in favor of paper oil. Still, according to a Reuters source, we may well see the market cleaning up shortly.

Still, Morgan Stanley and Bank of America anticipate higher oil prices over the long term. They
havealreadyimprovedtheir 2020 oilforecastsfrom 65 dollarsperbarrelallthewayupto 90 dollarsperbarrel. The truth is, they have raised the bar due to some tech factors. The thing is, there will be new fuel standards introduced for sea vessels in 2020 amid an increased demand for diesel and aviation fuel while oil refineries cannot handle the increased demand of distillates.

 

 

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

 

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

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

Experts Anticipate U.S. Stock Market Crash This Winter

As you probably know, the U.S. stock market has been in the red zone over the last few weeks. International experts assume that this downtrend is likely to continue in the first quarter of 2019. The key reason is the fact that really huge volumes of risky assets are under the risk of forced sales, Market leader reports, with reference to Forbes.

Publication date: 04 January 04:13 AM

Why did crude oil crash by almost 11% last week?

The past trading week was a nightmare for the global market of crude oil, with a major price crash. In particular, Brent oil dropped in value all the way down to the lowest price since July 2017. This was a dive below 53 dollars per barrel. Since then, international experts have been trying to figure out the reason for that.
Publication date: 26 December 09:40 AM

Russia and OPEC agreed to cut down on their oil production in 2019

As you probably know, the participants of the latest OPEC summit agreed to cut down on their oil production next year. This triggered a temporary price rally in the international market of crude oil.
Publication date: 23 December 02:01 AM

OPEC and Saudis Are Planning To Back Oil Prices

International experts and governments have been closely watching the drama going on in the international market of crude oil. According to The Wall Street Journal, Saudi Arabia is going to quit the overproduction of crude oil for the sake of preventing oil prices from going down any further and, if possible, backing their new growth.
Publication date: 05 December 11:00 AM