Brent Oil Futures - Oct 15 (LCOV5)

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49.91 +2.35    +4.93%
28/08 - Closed. Currency in USD ( Disclaimer )
Type: Commodity
Group: Energy
Unit: 1 Barrel

  • Prev. Close: 47.56
  • Open: 47.69
  • Day's Range: 46.64 - 50.97
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Brent Oil 49.91 +2.35 +4.93%
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Latest Brent Oil Comments

Yamamoto Kotaro
Yamamoto Kotaro 13 hours ago
5 reasons for crude oil to fall significantly . . 1. Fed hike rates expectation in September or October. 2. A rise of 17% in two days is too much for any reasons.. 3. Sluggish global economy (emerging countries, Europe, Japan and China). Brazil falls deep into recession - Aug. 28, 2015 - CNN Money. 4. Oil glut. 5. Week Chinese PMI in August.
Yamamoto Kotaro
Yamamoto Kotaro Aug 29, 2015 3:21AM GMT
Fed rate hikes are approaching. The possibility of October rate hikes 56% now, so we should expect commodities prices like oil and silver are starting to fall next week.
Tobias Petersson
Tobias Petersson Aug 29, 2015 1:33PM GMT
This is no news and therefor already accounted for in USD. And with the current events with China its more likely they go slow. So don't exect any big bear moves because of that.
James Black
James Black Aug 27, 2015 6:05PM GMT
I did say there would be a severe bounce people....
Big Bang
Big Bang Aug 28, 2015 7:40AM GMT
Soon or later it always does...
Big Bang
Big Bang Aug 28, 2015 7:42AM GMT
Is this the good weather after the "storm"? Or before the "storm"?
Lasse Maltensson
Lasse Maltensson Aug 28, 2015 11:14AM GMT
yeah but Chinas collapse will bring the price down again as well as Irans oil. The oil storages around the world except USA is almost full. Once they are full oil will flood in to the USA storage and then the oil price will take a sever hit.
Tobias Petersson
Tobias Petersson Aug 28, 2015 3:54PM GMT
We have some resistance here, but it looks like we are heading for 52.5 - 54.
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