Free no deposit Bonus Forex
Wednesday, 19.02.2020, 19:08
Welcome Guest | RSS
 
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest
Statistics

Total online: 1
Guests: 1
Users: 0
...
Main » 2020 » February » 14 » Oil - how to earn? Trading Ideas traders 14.02.2020: Brent whether sales are relevant?
12:20
Oil - how to earn? Trading Ideas traders 14.02.2020: Brent whether sales are relevant?

article35234.jpg

Brent crude finished the trading session with a slight advantage at the level of $ 56.41 per barrel. Growth continues the third consecutive session. Market participants buy "black gold" despite the increase in the spread of Chinese coronavirus infection. Earlier hopes the epidemics weakened decline data for the jump number of deaths, as well as a dramatic increase in the incidence of infection due to the use of a new detection methodology disease. Given the pace of the spread of infection, the World Health Organization adviser (WHO) Ira Londzhini suggested that a new coronavirus COVID-19 can be infected with two-thirds of the planet's inhabitants.

 

 

AMarkets

 

 

According to the expert, in his prediction, he comes from the statistics, according to which each transmit the virus infected even two or three people. As the epidemic has a negative impact on the pace of global economic growth and demand for commodities, Brent crude oil still retains the potential to reduce. IEA on Thursday lowered the forecast of oil demand growth to the lowest level since 2011, tying it with a virus outbreak. The agency expects that in 2020 demand for oil will grow by 825 thousand. Barrels per day, down by 365 thousand. Barrels less than the previous estimate. Following the Energy Information Administration forecast for oil demand and OPEC reduced.

 

At the meeting, which was held in February, a technical committee of OPEC + recommended the extension of the current decline in production until the end of this year. Next meeting of the energy pact at the ministerial level will be held in Vienna on 5 and 6 March. So far, the initiative at any time may again be on the side of the sellers.

 

Brent SellStop 56,10 TP 53,10 SL 56,80

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Author Artem Deev trader analyst AMarkets "Forex Special" is not responsible for any losses in the case of review materials.

 

 

Similar articles:

FOREX FORECAST → How to make money on oil today? Trading Ideas Brent 05.12.2019: «Bullish" rally the oil industry has already begun!

FOREX FORECAST → Oil traders how to make? Trading Ideas Brent 08.01.2019: About Brent growth potential of up to $ 80 per barrel.

FOREX FORECAST → How to make money on oil today? Trading Ideas traders on oil 07/30/2019

FOREX FORECAST → How to make money on oil today? Trading Ideas traders 12/10/2019 Oil is about to consolidate above $ 65

FOREX FORECAST → How to make money on oil? Trading Ideas Brent 30.10.2019: Is Brent stay above $ 60?

 

 

Views: 11 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Search
Forex Brokers
WELCOME 35USD
Calendar
«  February 2020  »
SuMoTuWeThFrSa
      1
2345678
9101112131415
16171819202122
23242526272829
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright Bonus-FX.com © 2020-2012
    Website builderuCoz