Technical & Fundamental Oil Reports Specialists

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Archive for June, 2015

June 29th, 2015

Lower on ICE but NYMEX is now range-bound.

The ICE contract did live up to its bearish expectations on Friday and is likely to continue so today. NYMEX, on the other hand, had two days of losing values…

June 29th, 2015

A troubled world

Events are moving so quickly that by the time this report is read it may be out of date. However what will not have changed is that we are living…

June 29th, 2015

Vulnerable and fragile. Lower.

Friday’s action and closes were not good and four of the five contracts now have targets lower on Brent to 61.62; Aug’ Heat to 183.11; Aug’ RBOB to 199.59; and…

June 26th, 2015

PVM Midday Report 26 June 2015

Possible Islamist attack on US gas company in southeast France
European Banking Authority recommends cutting capital charges on pooled debt
Italy 2016 economic growth is upped by Confindustria
ELA funding for Greece is…

June 26th, 2015

Change of direction on both contracts.

The day before yesterday the ICE contract was above its daily M/As whilst NYMEX was the other way round. For this reason the former was more bullish and the latter…