Thursday, May 25, 2017
Tags Posts tagged with "brent crude oil"

brent crude oil

crude oil price increase

When we hear about oil price increase to 11percent… It looks interesting right?

At 2009, Oil Prices had a huge gain of about 8percent which was considered as biggest daily gain ever before the 2nd Feb 2015 Monday’s 11percent gains.

Both brent and U.S. oil were traded at $4/barrel. All the technical analysis signals highly indicated more gains on Oil price.

Comments about Oil Price increase from Chief analyst Zimmerman

Walter Zimmerman is the chief technical analyst at United-ICAP .

He gave an awesome comment about the Oil price increase

“We could get a pretty good bear market correction here to really mess up all the new shorts”

In addition to above statement, He added that brent crude oil abd U.S. Crude oil rate may rise above $61/barrel an $59/barrel respectively.

Highest Price range of Brent and U.S crude Oil

Brent_crude_oil_mapImage Credit: Wikpedia

Brent crude reached a highest position of about $55.62/barrel and low position of about $51.41 during the day. Summary: Brent Crude had a total increase of $1.76/barrel, in terms of percentage, it had a percentage increase of 3.3% price increase.

When it comes to U.S. crude oil, price swing was literally higher than Brent. U.S. Crude reached its peak of about $50.56 and lowest price range of about $46.67. In terms of percentage, price increase was 2.8 percent. This is lesser than the Brent price increase.

Is there any Opportunity to Buy Oil stocks?

Bjarne Schieldrop chief analyst

A wonderful comment left by Bjarne Schieldrop, chief commodity analyst at SEB. Here is the comment –

“There were a lot of people on the sidelines waiting for an opportunity to buy,”

After Brent and U.S. crude oil price rise, investors showed huge interest in buying the oil commodities and stocks.

Its also known that, UK West Texas Crude oil price have fallen from above $100/barrel which is amazing growth. This kind of price increase motivates the investors and traders to buy oil stocks.

Now what are going to do?

Are you going Buy the Oil stocks or Sell them?

Image Credit:http://www.cagle.com/tag/crude-oil/page/2/

News about Brent crude oil US crude oil rate increase

Morning Everyone,

Happy Friday.. Today Brent Crude Oil and US Crude came-up with good news for you.

brent crude pil price is getting low

After falling price for 6 months, now Brent Crude Oil and US Crude back into the game by saying “I’m Back”

Brent crude oil and US Crude Rate rates

Today Brent crude oil rose above $60/barrel. This saved many investors and Oil traders re-covering from near a five&half year risks..

Wood Mackenzie said that

At this rate of $60/barrel(Brent Crude oil), There are only three companies were able get good and free cash flow to meet their expenses,  .

on Friday, recovering from near a 5-1/2-year low as investors squared books ahead of the year-end festive break after six months of falling prices. FYI: Both of the Brent crude oil and US crude valued half rate during June 2014, after that huge decline, its came back to the game. Few of them would predicted this using indicators.  U.S. crude value was up $1.20 sold at the rate of $55.31 –  Sources says.

Bloomberg Report about Oil CashFlow

Also Bloomberg compiled a data and gave a detailed report about the cash flow  of traded products which belongs to oil commodity. In this report, its is shown that, US Oil Fund and ProShares Ultra Bloomberg Crude Oil, received an amount of about $702.2 Million USD, November they received a cash of $559,85 Million USD. Totally, it said that funds received by them from May 2010 equates $1.54 Billion in USD.

The chief investment officer of United States Commodity Futures Funds, Mr. John Hyland said that

 “You want prices lower if you’re buying,”

$75 is the right price for oil – OilVoices

Andrew McKillop, AMK Consultant said in OilVoice,  that huge number of experts and investors love to agree that $75/ Barrel is a reasonable price and sustainable price.