Technical & Fundamental Oil Reports Specialists

Follow us

Archive for July, 2015

July 29th, 2015

PVM Midday Report 29 July 2015

Headlines

Crude flows along Iraq’s Kirkuk-Ceyhan pipeline suspended after sabotage incident
Greek PM Tsipras warns risk of Grexit remains unless its creditors agree to debt relief
US mortgage applications index inches 0.8% higher…


July 29th, 2015

WTI flirts with the red zone

Imagine the reaction if the British or US governments were to announce that they would enter the market and buy shares in the event of a major fall in the…


July 29th, 2015

Sell rallies to resistances

All the daily short-term M/As are still above the price action. All the daily slow stochastics are still negative. The downtrend, therefore, is still intact despite WTI, Heating Oil and…


July 28th, 2015

PVM Midday Report 28 July 2015

Headlines

Chinese crude oil output expected to rise to 217 million tonnes in 2015
Refined oil production in China on target to reach 294 million tonnes in 2015; up 3.1% y/y
Iranian deputy…


July 28th, 2015

Where China leads others follow

Manic Monday is an apt description of yesterday’s trading, led by another Chinese stock market meltdown. Having fallen by 30% earlier this month and then rebounding 16% solely on the…