Analytics, News, and Forecasts for CFD Markets: raw news — 09-04-2014.

The price of oil rose slightly today, despite the presented report on oil reserves in the U.S., which have to increase . The dynamics also continues to influence geopolitical tensions in Ukraine.

With respect to data from the U.S. Department of Energy , they showed :

- Oil reserves rose by 4.03 million barrels to 384.122 million barrels ;

- Gasoline inventories decreased by 5,188 million barrels . to 210.436 million barrels . ;

- Distillate stocks rose by 0.239 million barrels . to 113.194 million barrels .

- Refining capacity utilization rate of 87.5 % against 87.7 % a week earlier ;

- Oil terminal in Cushing rose by 0.345 million barrels . to 27.599 million barrels .

Prices also affects forecast from U.S. Department of Energy , which states that in the next year and the volume of oil in the U.S. will grow a little slower than expected , and oil consumption will increase slightly . According to the latest forecast , this year's production in the U.S. will average 8.37 million barrels of oil per day. Previous DOE forecast assumed 8,390,000 barrels per day , and in 2013 U.S. production was 7.44 million barrels per day. 2015 The Department of Energy predicts the volume of production at the level of 9.13 million barrels per day compared to the previous forecast of 9.16 million barrels per day. Projected increases in production is still significant. U.S. Department of Energy expects growth in oil consumption in 2014 to 18.9 million barrels a day, and in 2015 - up to 18.99 million barrels per day. Previous forecast department for this year called for increased consumption to 18.89 million barrels per day.

Also important was the news that the Organization of Petroleum Exporting Countries (OPEC) will be able to accommodate additional volumes of oil in Iraq, Iran and Libya , while quotas for Iraq will be discussed no earlier than 2015 . This was announced by OPEC Secretary General Abdalla El - Badri . According to the Secretary General , OPEC expects a gradual increase in production of Iran and Iraq , and Libya can increase production by 1 million barrels per day ( b / d ) for a month, he added.

Not unimportant event also was that the Libyan authorities have made progress in negotiations with the rebels , who control the field and export terminals in the country, which gives hope for the return of production in the country to pre-war figures.

May futures for U.S. light crude oil WTI (Light Sweet Crude Oil) rose to $ 102.66 per barrel on the New York Mercantile Exchange (NYMEX).

May futures price for North Sea Brent crude oil mixture rose $ 0.18 to $ 107.81 a barrel on the London exchange ICE Futures Europe.

Gold prices fell today , due to the expectations publishing minutes of the last Fed meeting, from which most analysts hoping to get more precise allusions to the QE program deadlines and to know when to start increasing the base rate .

It is worth noting that new concerns about Ukraine , as well as technical buying after the breakout of $ 1,300 , helped lift gold nearly 1 percent on Tuesday, but uncertainty about the monetary policy of the USA , as well as weak physical and investment appetite drove prices lower.

" Geopolitics and the weakening dollar gave gold growth stimulus , but until that growth is unconvincing . Optimists , unfortunately, have to rely on further deterioration in the geopolitical situation that gold has passed the level of resistance , which I estimate at $ 1,321 ," - said the chief analyst at Saxo Bank Ole Hansen .

Kiev promised within 48 hours of negotiation or force to release the building to the east of the country , captured by pro-Russian activists , demanding a referendum on independence that Kiev sees as Moscow's attempt to repeat the scenario of annexation of the Crimea . Russia on Wednesday rejected as " unfounded " fears of Kiev and the West over the presence of its troops along the Ukrainian border , saying that they do not pose a threat , and accused the U.S. of tensions in the region .

The cost of the precious metal is also supported by data on the trade balance of Germany, whose surplus in February unexpectedly fell to 15.7 billion euros from 17.2 billion in January. Experts , on the contrary , expected growth to 18.8 million euros.

Stocks of the world's largest gold exchange-traded fund secured SPDR Gold Trust Tuesday down 2.7 tonnes to 806.48 tonnes. Proceeds of new funds into the fund has not been since March 24 .

Demand in the physical market in China , the world's largest consumer of gold, rose slightly , and the price of the Shanghai Gold Exchange for the first time since early March exceeded spot prices in London, about $ 1 per ounce.

The cost of the June gold futures on the COMEX today dropped to $ 1306.40 per ounce.