Forum > View Topic (Hot-Chart)
This thread was started in response to the Hot-Chart:
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
ندوة سويسكوت مساء الثلاثاء مع أشرف العايدي
لا تفوت ندوتنا الإلكترونية مساء الثلاثاء الساعة 10 مساءً بتوقيت الإمارات
Ashraf
what do u think of vitol trading
its a global energy trading corp
u have to understand the saudis position versus other cartel country position. the discrepency existing between oil producer country in term of cost of extraction is huge. even with an oversupply in the market SA will earn knowing that it extract at the level of 13 17 a barrel : 17 is for the latest oil field due to mainly MWD drilling and other geotechnics related costs.
vessel are waiting afoat to find takers physically on the market.
dispatcher are heavily involved in maintaining a close relation with emerging market such as korea india china to redirect the tanker they buy. they rr plenty of oil in the persian gulf waiting for a market.^^
excepted this boring stuff i am looking for a site that could offer a long term chart on the wti and brent. asad could u advise me one
thanks.
It also depends on how many CFDs you're trading. Precisely, if you are trading 1 CFD, a 0.01 move in oil will profit/loss by 0.60 cents...2 CFDs will profit/loss 1.20 and so on. This is so because you're paying in (or your own currency) ad it is converted into $ real time.
Btw, it is expected that OPEC oil output will remain unchanged! Ali al-Naimi of SA said that price b/w 68 and 73 is perfect for both consumers & producers. And then he left a shrapnel in that yet 'markets are oversupplied'. Similar price sentiments were expressed by other oil ministers, suggesting that output WILL remain unchanged. Analysts interviewed by Bloomberg suggested unchanged output as well.
All eyes on DOE now. I think we should prepare (who isn't btw *smiles*) for a fall in oil price. It is struggling to go beyong 68...
i believed it was 10 dollars
0.01$ move in oil = 1$ at cmc markets
i totally agree with you
but taking the last train isnot a bad strategy to earn extra money.
by the way how much in dollar is a move of 0.01 in oil asad with cmc. i dont trade oil so i have a barely insight on it.
regards
I couldn't have said it better myself. Your prophecy will come true, 100% Guarantee. I have no more comments, you hit the spot Asad.