Technical & Fundamental Oil Reports Specialists

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Archive for January, 2016

January 29th, 2016

PVM Midday Report 29 January 2016


Iranian crude oil exports forecast to top 1.5 mbpd this month; steady at 1.44 mbpd in Feb
Russian Deputy PM claims it will not intervene to balance the oil market
OPEC delegates…

January 29th, 2016

Credible but very much a maybe

Imagine for a moment that political interests and differences are set aside and Russia/OPEC manage to agree to reduce production by 5%. Since they have a combined production of about…

January 29th, 2016

The energy complex is currently bullish but be on alert

Introduction.  It was said in yesterday’s report that two out of the five contracts had closed above resistance levels on Wednesday. These contracts, Brent and Heating Oil, have hit their…

January 28th, 2016

PVM Midday Report 28 January 2016

PVM Midday Report

OPEC pushing for February meeting of OPEC/non-OPEC producers – Russian EM
Polish refiner considering taking on more Saudi crude; willing to import oil from Iran
UK economic growth accelerates in…

January 28th, 2016

Two down, one to go?

Russia is not talking about a production cut in co-operation with OPEC; Russia is thinking about talking about one; Russia is already in talks about a cut. There were comments…