Technical & Fundamental Oil Reports Specialists

Follow us

Archive for July, 2014

July 31st, 2014

PVM Midday Report 31 July 2014

Headlines

Eurozone inflation slows to 0.4% in July from 0.5% in June
Shelling, clashes resume in Tripoli; oil ports still under government control
Euro-area unemployment rate unexpectedly dips 0.1% to 11.5% in June
Russian…


July 31st, 2014

US 2Q GDP growth exceeds expectations

The US economy grew at 4% in the second quarter, far more than expected, and it was driven by both consumption and a leap in business investment. The first quarter…


July 31st, 2014

Watch the 13-day MA on both contracts

The technical picture seems straightforward. Both contracts are still in correction phases. The price action around the 13-day M/As will provide us with an answer whether the prevailing trends will…


July 31st, 2014

Brent has joined WTI – Rest are holding supports

Brent decided to follow WTI as it broke out of its range on the downside. It closed below the 106.75/95 range support area and whilst it is below it should…


July 30th, 2014

PVM Midday Report 30 July 2014

Headlines

Eurozone economic sentiment ticks slightly higher in July from June
US mortgage applications index slips 2.2% in week to July 25
Spanish consumer prices fall 0.3% y/y in July, 2Q GDP growth…