Technical & Fundamental Oil Reports Specialists

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Archive for July, 2015

July 31st, 2015

PVM Midday Report 31 July 2015

Headlines

Chinese May crude oil imports slip to 23.2 million tonnes; down 23.3% m/m & 10.9% y/y
Iranian June crude oil exports to Asia rise 13% from a year ago to 1.17…


July 31st, 2015

OPEC banking on demand

OPEC show absolutely no sign of blinking, judging by the comments of the OPEC Secretary General made yesterday during a visit to Moscow. OPEC he says expect to see increasing…


July 31st, 2015

Upside correction should be over, supports are to be under pressure.

Every contract rallied yesterday but closed well below the day’s highs. The recommendation yesterday was to go short on the tests of the 8-day M/A resistances or in the case…


July 30th, 2015

PVM Midday Report 30 July 2015

Headlines

Iran needs $100 billion in oil investments to bring crude output back to pre-sanction levels
OPEC see oil prices stabilising come end-2015 and next year with eventual rebound
Use of bypass line…


July 30th, 2015

Maybe September, December or not until 2016

There you have it forward guidance in a nutshell. Next week, next month, next year, never. Another two-day Federal Reserve meeting that leaves markets as unsure as they were before…