Crude Oil Vulnerable to Huge Supply, Stronger Dollar
Moderator: moderators
-
- rank: 10000+ posts
- Posts: 37443
- Joined: Thu Jan 14, 2016 9:36 am
- Reputation: 2
- Gender:
Crude Oil Vulnerable to Huge Supply, Stronger Dollar
This guest article was written by James Hyerczyk, financial analyst at FX Empire.
July crude oil prices could feel pressure this week if traders return to following the traditional fundamentals. Although legitimate concerns over supply outages underpinned prices last week, the main concern for traders should be the huge global supply and the strengthening U.S. dollar.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Once the speculators are chased out of the market because of improving conditions in Nigeria, traders will be forced to ... (read more)
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.