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Monday, 23 October 19:58 (GMT -05:00)



Stock and commodities markets

U.S. Oil Demand Drops Oil Prices


Oil prices are now going down again after rallying close to 60 dollars per barrels. Again, the prices failed to touch the $60 threshold. Brent oil lost 2,5% in 24 hours. NordFX reports that Brent futures for December delivery were trading around $58,53/b on Wednesday. On Thursday, the price dropped down to $57,03/b, which was the lowest price level since the end of the previous trading week. WTI oil went down in price as well. On Thursday, the price dropped down to 51,74 per barrel.

Publication date: 23 October 03:25 AM

U.S. Congress Approves Oil Export

The U.S. Congress is reported to have reached an agreement over the oil embargo. In particular, the legislators allowed U.S. oil companies to export crude oil along with letting the U.S. government and public agencies to get more financing to sustain themselves, Masterforex-V Academy reports.
 
Publication date: 16 December 11:41 AM

This Week USA May Allow Oil Export

The U.S. Congress is on the verge of approving several bills concerning pubic spending and taxation. The bills include the decision to cancel the embargo on the export of crude oil that has been valid for 40 years. Obama’s administration promised to put a veto on this decision however the package includes a bill aimed at backing green energy and environment protection supported by President Obama. This leads us to believe that the bills may be approved.
 
Publication date: 15 December 08:24 AM

Russia May Practice Austerity Amid Ultra-Low Oil Prices

Low oil prices are expected to dominate the market in 2016, which is why Russia is going to practice austerity. This is what Russia’s finance minister Anton Siluanov said during during a press conference in Kazan. To be more specific, the minister doesn’t deny $30/b and below at some point in 2016. At the same time, we should keep in mind that the IMF have already downgraded its global economic forecast 4 times this year, which is a wakeup call indicating the likelihood of lower oil demand next year. The minister is almost sure that under such circumstance where Iran is about to come back to the global market with 1-1,5 million barrels a day and given today’s excessive oil inventories, we are likely to see the bearish bias dominating the market in 2016.

Publication date: 15 December 04:36 AM

Crude Oil: Further Drop Expected Before Recovery

At this point most experts anticipate even lower oil prices. Commerzbank is one of the few financial institutions providing a relatively optimistic forecast on the near-term fate of crude oil.
 
Publication date: 15 December 04:00 AM

Oil Prices Set New 2015 Lows

Oil prices stabilized by the end of the trading session after suspending the downtrend. In particular, WTI and Brent oil prices managed to set new major lows. More specifically, they reached the lowest levels since February 2009. WTI oil ended the trading session at $37.51 per barrel, which is 0.37% below the previous close. Brent oil dropped by 1.2% down to $40.26 per barrel.

Publication date: 13 December 04:32 PM

Sony SmartBand 2 - Popular Smartwear

The new wrist band by Sony called Sony SmartBand 2 is getting more and more popular worldwide. At this point, this is one of the most popular smartwear devices out there. Sony introduced several wrist bands in early 2015. Well, the year is still not over but Sony decided to introduce the next generation of its wrist band - SmartBand 2 SWR12.

Publication date: 13 December 02:17 PM

Crude Oil: Near-Term Forecast

Brent oil is reported to have dropped below 39 dollars per barrel on Friday. This is the first time the price has gone that low over the last 7 years, Masterforex-V Academy reports. Therefore, over the week following the latest OPEC summit, the price dropped 10% down. The thing is that OPEC is not going to cut its oil production in the near future and decided to postpone the solution till the next summit in mid 2016. Apparently, this fact is going to press the market harder and harder over the time.
 
Publication date: 13 December 02:04 PM

What Do Oil Prices Under $40/b Mean For Russia?

The other day, Brent oil saw its price dive right below the $40/b psychological level for the first time in 7 years.  Apparently, such a low price level prevents Russian oil exporters from exploring and developing new oil fields. But the biggest worry is, the Russian economy is going to see another shock if oil prices are still this low in 2016.
 
Publication date: 13 December 01:48 PM

Renewed Samsung Galaxy S7 Will Get 3 Various CPUs

The new version of the best-selling series by Samsung named Samsung Galaxy S7 is probably going to be redesigned and look completely different from the rest of he family in general and the Galaxy S6 series in particular. Some insider report that design is not the only new thing Samsung is going to apply to the new device. They say that manufacturer is going to make changes to the technical specifications as well.

Publication date: 10 December 03:43 AM

Apple Watch 2 Announcement Planned For March 2016

According to 9to5Mac with reference to some reliable sources, Apple is planning to announce Apple Watch 2 in March 2016. They say this may happen along with introducing iPhone6c with a 4-inch display. Masterforex-V Academy says there are too many rumors about iPhone 6c. If to believe some of those rumors, the device is going to get the next generation CPU which is A9. At the same time, it will support Apple Pay and is expected to cost $499.

Publication date: 10 December 03:43 AM
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