Technical & Fundamental Oil Reports Specialists

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Archive for May, 2015

May 29th, 2015

PVM Midday Report 29 May 2015

Headlines

Iranian crude exports to Asia jump 12% in April to almost 1.2 mbpd
Russian oil output may slip 0.3% this year from 2014 to 526.5 million tonnes
ULSD exports from Russia’s Primorsk…


May 29th, 2015

Support holding. Watch RBOB and the action generally at the 5 day MAs.

After a pretty violent day the contracts have held support and recovered a bit. By the closes last night they were still below all the short term MAs and the…


May 29th, 2015

Crude draw provides short-term price support

Conflicting reports over Greece’s debt talks made for an uneasy session on global stock indices yesterday with losses registered across the board as hopes for a comprehensive solution still appeared…


May 28th, 2015

PVM Midday Report 28 May 2015

Headlines

Russia’s largest oil producer hints Venezuelan oil may replace declining US shale output
Iran’s foreign minister hopeful of nuclear agreement within “reasonable amount of time”
Oman to invest $7 billion in Indonesia’s…


May 28th, 2015

Oil faces strong headwinds

There are 3 key events taking place in June of huge importance for the future direction of oil prices. In the first week of June we will know if OPEC…