Crude Oil Insights Category: Crude Oil

Category: Crude Oil

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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Crude Oil Price Updates: 7 reasons you should short oil now.

With the uncertainty around US economy, the 10% drop in sales and industrial production in Japan, the tightening in China, inflation in India and the Euro crisis in Western Europe, the only growth story in 2011 will be Germany. That does not justify the build up in demand gap we have all been talking about for the next 2 – 3 years. And while Japan may face a shortfall of 10MW the increased consumption in fuel oil required by Japan over the rebuilding phase is adequately covered by the excess production capacity within both OPEC and non-OPEC members.

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