- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Oil: Steady demand and less production point to upside – TDS
Oil: Steady demand and less production point to upside – TDS
FXStreet reports that Bart Melek, Head of Commodity Strategy at TD Securities, reviews the last oil inventory. Stock reduction along with demand recovery draws an optimistic outlook for the black gold. WTI, which trades at $42.66, -0.3% on a day, could test the recent highs at $45.
“Crude oil stocks once again plunged a much larger-than-expected 4.5 million bbls (consensus was calling for a 2.2 million decline). Also on the bullish side, imports fell 389K b/d, with exports growing 324k b/ d and production was down by a very large 300K b/d to just 10.7 million b/d. Furthermore, product demand continued to increase, rising 1.457 million b/d.”
“On balance, the report is modestly positive. With US demand likely continuing to recover as the federal government adds another trillion dollars worth of stimulus, as therapeutics and a vaccine for COVID-19 emerge and the rest of the world slowly opens up, crude oil demand should move on an upward trajectory into 2020. This, along with OPEC+ supply discipline and US shale oil industry weakness suggests that the existing inventory overhang should erode materially over the next four months and beyond.”
“While WTI crude may test recent highs, moving toward resistance just under $45/bbl, it is unlikely to move into a significantly higher trading range anytime soon. There will continue to be demand risks due to COVID-19 and OPEC+ will likely match supply to growing demand.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
