Crude Oil Insights Author: Jawwad Farid

Author: Jawwad Farid

The FED awaits

Gold prices fell today after eight continuous days of increase in price. This is attributed to buyers keeping their fingers crossed for the upcoming Fed meeting which will decide whether to have another round of quantitative easing or not. Also Tuesday saw Spain paying a record price to sell its short term debt which showed…

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CRUDE OIL PRICE OUTLOOK- Bearish Trend and Rogue Trading

Oil is continuing its downward trend as more bearish news continues to surface. Today media pinpointed the following issues: Reuters reports that Brent crude slipped below $112 today as traders focused on the negatives. Greece talks to form a coalition failed which is causing political indecisiveness across the region. Germany, the largest economy in EU…

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