Technical & Fundamental Oil Reports Specialists

Follow us

Archive for December, 2014

December 31st, 2014

The odds are still on further pressure on supports

The market closed higher yesterday but this strength was not fierce enough to change the underlying technical picture. On the other hand, the contracts did not quite get down to…

December 30th, 2014

Supports have been closed below; The downtrend continues

Apart from a mini and very short-lived rally in the early part of yesterday bears firmly remained behind the steering wheel. Not only are they in full control of the…

December 29th, 2014

Sell rallies to the 13s; Down trend intact

The Christmas period did nothing to encourage bulls although it has to be said that the extent of the price fall has slowed somewhat but this might have been due…

December 23rd, 2014

Watch the 5 and 8 day MAs, sell a rally to the 13s. Recent lows imp’ support

The contracts failed to stay over the 8 day MAs yesterday and, as a result, moved lower, slingshot (s/s) fashion, to the 5 day MAs. These were also breached and…

December 22nd, 2014

PVM Midday Report 22 December 2014

« Older articles

Archive

News

PVM Midday Report 13 June 2016

Headlines

OPEC hints at tighter oil balance in 2H 2016; output down 100,000 bpd in May
Chinese implied oil demand falls by 380,000 bpd in May y/y to 10.24 mbpd
Iran’s biggest oil…

$50 bbl proving to be a formidable obstacle

Front month Brent and WTI both broke through the $50 bbl barrier yesterday but were unable to hold on to the gains. The trigger for the gains was news of…

Watch RBOB’s 13 day around 145.42 for guidance. Being below the 5 and 8s on the rest is not good.

Introduction. Last night’s closes were respectable, except for the fact that RBOB, although having held its 13 day MA on the dip, was still below the 5 and 8 day…

Subscribe to News

Reports

PVM Midday Report 15 July 2016

Chinese refinery crude throughputs hit record high on daily basis of 10.97 mbpd in June
BoAML sees Brent and WTI rising to $55 and $54/bbl respectively by year-end
Chinese 2Q GDP annual…

PVM Midday Report 14 July 2016

Headlines

BoE keeps interest rates on hold at historic low of 0.5%, hints at stimulus in August
Singapore fuel oil stocks hit three-week high of 27.545 million bbls
BoJ officials quash hopes of…

PVM Midday Report 13 July 2016

Headlines

IEA expects return to growth in non-OPEC oil supply next year; demand to rise by 1.3 mbpd
OPEC crude oil output rises by 400,000 bpd in June to 8-year high of…

Popular Tags

©2019 PVM Oil

Web development

The information in this communication is provided for informational and demonstrational purposes only and neither is it intended as an offer or solicitation with respect to the purchase or sale of any derivative or security nor should it serve as the basis for any investment decisions. In the UK, this material is intended for use only by persons who have professional experience in matters relating to investments falling within Articles 19(5) and 49(2)(a) to (d) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended), or to persons to whom it can be otherwise lawfully distributed.

Any reference to 'PVM' refers to PVM Oil Associates Ltd. and/or its subsidiaries and affiliated companies as applicable.

Neither PVM, nor any of its subsidiaries (collectively, "contributors") guarantees the accuracy or completeness of the information or any analysis based thereon. Neither PVM nor contributors make any warranties, express or implied, with respect to the information (including without limitation any warranties of merchantability or fitness for particular purposes) and neither PVM, nor Contributors shall in any circumstances be liable for economic loss or any indirect, or consequential loss or damages including without limitation, loss of business or profits arising from the use of, any inability to use, or any inaccuracy in the information.

PVM provides a wholesale broking service only. It does not provide services to private clients. PVM Oil Associates Ltd. and PVM Oil Futures Ltd. are authorised and regulated by the Financial Conduct Authority ("FCA").

This publication is produced and distributed in accordance with 'COB 12.2 – Investment Research' of the FCA Handbook. Recipients should note that all such publications are objective and impartial in their content unless clearly notified otherwise. Content should not be used as a contribution to any price index of any kind.