Get started

Crude Oil Brent

Bull flag on brentI do hope this does not come to pass, appears we have parallel down in price range of brent crude since 2008. it would fit into the retarded global warming narrative, 'we have to charge more for fuel- Co2 is destroying the planet, not Soros and WEF Schwab , lithium pools, mining and war.'.. no no no, plant food(CO2) is destroying the plants and the planet and you, it's you destroying the planet... bold boi! aside 2008 Brent was €148 a barrel- we paid €1.20 for a litre of petrol in Ireland 2021 Brent was €137 a battel- we pay €2.20 for a litre of petrol in Ireland- see it's all Russia's fault Brent is €90, we still paying €1.90 Oil will go higher, the WEF and CO2 alarmists will make it so
TVC:UKOILLong
by bandelero
1
USOIL 8th SEPTEMBER 2022Oil prices fell sharply on Wednesday (September 7th), slipping below levels seen before Russia's invasion of Ukraine as dismal Chinese trade data and growing fears of a global economic recession hurt fuel demand. West Texas Intermediate (WTI) oil futures for October delivery plunged US$4.94 or 5.7 percent. With lower prices this time it is a good opportunity to supply companies that are optimistic about surviving the recession and tightening monetary policy. This week, OPEC+ is scheduled to discuss oil production cuts as part of their future strategy. OPEC+ revised the market balance this year and expects demand to lag supply by 400,000 barrels per day (bpd) compared to the previous estimate of 900,000 bpd. However, the group of major oil producers expects the oil market to be in deficit by 300,000 bpd by 2023.
TVC:USOILLong
by DNP-FX
11
BTC/USD,DXY/Recession proof 4h chartHello guy’s hope you all will be fine. Today we will try to find the next move of btc. There is possibility of both loss and profit so i never give you financial advice. But i try my best to inform you the possibilities of next moves in both side As we all know btc is trading previous week between 19500 and 20k. There is A trend line on lower side which retested almost 4 times while on other side trend line tested only for two times which lies on 20-20200 area on 4h time frame. So guys British PM is going to resign next year 7th July. But there is a question. What will be the impacts of his resign on market.? I wana like to tell you that the largest reserve of gold is holded by Uk. So here we can see another recession risk because you don’t ever see it before. Let’s move toward BTC,so in previous update I already mentioned 23k before 16k. But you should be aware of both. 21 sep there is meeting minutes of FOMC to increase or decreasing the bps point but if they increase it again then again it will be worst for BTC/Gold. DXY(us dollar) is touching high since 2001. It’s another point that take us toward recession. The high is expected of DXY is 111,114. After that we will see the recovery of BTC/GODL and all stocks.I will like to warn you that a big recession is on the way to destroy the world specially underdeveloped country. So i again saying we are going to face historical financial crisis in whole world. So,Reserve your money in USDT not in locale bank or in hand. There will be opportunity for newbie’s. So keep eye 👁 on DXY/BTC. We Will meet again on Monday. Thank you for your concentration. Good luck.
TVC:DXYShort
by jiaLissax
CRUDE OIL vs SPXSeptember and October in red? 1. What Is Crude Oil? Crude oil is a naturally occurring petroleum product composed of hydrocarbon deposits and other organic materials. A type of fossil fuel, crude oil is refined to produce usable products including gasoline, diesel, and various other forms of petrochemicals. It is a nonrenewable resource, which means that it can't be replaced naturally at the rate we consume it and is, therefore, a limited resource. (Investopedia) 2. KEY TAKEWAYS - Crude oil is a raw natural resource that is extracted from the earth and refined into products such as gasoline, jet fuel, and other petroleum products. - Crude oil is a global commodity that trades in markets around the world, both as spot oil and via derivative contracts. - Many economists view crude oil as the single most important commodity in the world as it is currently the primary source of energy production. (Investopedia) 3. Stock Market The Brent Crude oil was originally produced from the Brent oilfield in the North Sea. About 2/3rds of all crude oil contracts around the globe include Brent Crude oil, making it the most popular marker. Its relatively low density and sulfur content are the reasons why it’s described as light and sweet. One of the advantages is transportation since this type of oil is waterborne. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum and has a UKOIL ticker symbol. (TradingView) 4. Correlation with SPX and market sentiment forecast As mentioned, many economists view crude oil as the single most important commodity in the world as it is currently the primary source of energy production . Therefore, it is important to consider how this market can impact other sectors. Looking at UKOIL in parallel with SPX and their correlation, we can see that September and October have a very bad track record. See red circles. When crude oil broke down the red channel between $100 and $88, the market did not react well. At the moment UKOIL is in the same region as 2008 and 2014, with the correlation about to equalize and the prices of the two symbols fall together. So I don't know if is a good time to go long.
TVC:UKOILShort
by andre_007
UKOil (Brent) 4H TA : 09.01.22 In this chart, we can see the possible price trends of Brent oil! 2 scenarios are specified on the chart based on the probability of each occurrence! Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 09.01.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
TVC:UKOILLong
by ArmanShabanTrading
33
📉BRENT 08/31/2022: drop to $96❗️📉 Priority direction: Down . 📝 Description: The level of $98.55 for oil (where it is now) is a good entry point to sell. Sellers increase their pressure to the indicated level and this trend is likely to lower the price to the $96 support in the short term. In the medium term, the positive mood remains so far. -------------------------- Thank you for your support, subscribe and share your ideas here 👇 --------------------------
TVC:UKOILShort
by Market-Mentor
4
📉GOLD 08/31/2022: clamped in the range❗️📉 Priority direction: Downward . 📝 Description: Sales dominate the market for metals and probably in the near future gold will be in the range of $1715 - $1736. Of course, it is best to open deals from the dorders of this range, but priority is given to sales. There are suggestions that the instrument is aiming at a test of the important $1700 level. -------------------------- Thank you for your support, subscribe and share your ideas here 👇 --------------------------
OANDA:XAUUSDShort
by Market-Mentor
1