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Sunday, 21 January 18:35 (GMT -05:00)



Stock and commodities markets

U.S. DoE Predicts Oil Market Oversupply over the Next 2 Year


The United States Department of Energy doesn't believe in the OPEC+ deal and expects excessive supply in the global market over the next 2 years. In particular, the January short-term report released by the DoE confirms that. They say this is going to be long-term oversupply. 

Publication date: 16 January 11:46 AM

No Expensive Oil For Years, Traders Say

 

In late July – early August, crude oil resumed its downtrend again. In particular, the prices crashed all the way down to January’s lows. The price of a barrel of Brent oil is now fluctuating around $49-$50, which is twice as cheap as 12 months ago.
Publication date: 11 August 12:44 AM

Apple iPhone 6s Production May Be Delayed

 

According to the analysts of KGI Securities, which have been sharing relatively reliable insider information regarding Apple products, now claim that the production of Apple iPhone 6s and Apple iPhone 6s Plus is going to be delayed, the Hi-Tech Department of Market Leader reports.
Publication date: 10 August 12:29 PM

WTI Oil Drops To $43,27/b

 

The never-ending downtrend in the market of crude oil is still underway, Market Leader reports. As the oversupply is going bigger and bigger and the demand for crude oil is still at its lows, crude oil is going down in value. In particular, WTI oil dropped down to $43,27 per barrel at the end of Monday’s trading session.
 
Publication date: 10 August 12:14 PM

OPEC Planning Another Emergency Summit As Oil Prices Crash

 

OPEC doesn’t deny the possibility of holding another emergency summit in the near future. At this point, OPEC members are reported to be discussing the issue. According to Masterforex-V Academy the major reason why OPEC is planning the summit is the fact that oil prices resumed its downtrend while experiencing downward pressure coming from the increasing oversupply of crude oil in the global market.
 
Publication date: 10 August 06:35 AM

Crude Oil: WTI Prices Drop Below $45/b

 

The never-ending bearish trend in the global market of crude oil is still underway. Yesterday, at the end of the trading day, the price of WTI crude oil declined below $45 per barrel, Masterforex-V Academy reports.
 
In particular, at the ned of the American trading session, WTI (West Texas Intermediate) saw a 1.7% drop and broke through the $45/b support on its way down to new local lows. The trading day closed at $44,81/b. Masterforex-V Academy reports that this is the lowest price since March 19th, 2015.
Publication date: 06 August 01:07 AM

China Still Cannot Cap Stock Market Crash

 

Despite the fact that Chinese authorities have been doing their best to save the local stock market from seen an even deeper crash, there efforts have been inefficient and uncoordinated and have failed so far.
Yesterday, on August 4th, the Chinese government held an emergency summit together with the leading financial experts in China. The Prime Minister urged the expert to work out an efficient solution to cap the crash until it is too late. At the same time he insists on tighter cooperation between the People’s Bank of China, the Chinese Ministry of Finance as well as stock market regulators and major banks.
Publication date: 05 August 07:54 AM

Apple iPhone 6s and iPhone 6S Plus Sneak Pics

 
There are several weeks until Apple is going to introduce a new series of mobile devices – iPhone 6s and 6s Plus. That is why more and more web sources keep on posting rumors and sneak pics of the would-be devices.
Publication date: 04 August 01:10 PM

OPEC Rejects Possible Oil Production Cut, Experts Predict Further Drop

OPEС members are not going to cut their oil production in the near future despite the declining oil prices triggered mainly by increasing oversupply.  On top of that, Iran is going to reenter the global market of crude oil as a major player, which is definitely going to increase the growing oversupply even faster.

 
Publication date: 03 August 12:42 PM

Brent Oil Drops Below $52/b

 

Since the start today’s trading session, crude oil prices has been going down since the market participants are afraid that Iran is going to come back the the market as a major oil exporter after years of sanctions imposed by the West over the Iranian nuclear program.
 
Publication date: 03 August 10:30 AM

ZTE Star 3 – New Smartphone under Android Management

 

ZTE company has informed about release of a new smartphone Star 3 under the management of Android 5.1 Lollipop operating system and bearing original user interface Nubia 3.0 UI. As found out by journalists of the “Market Leader”, its hardware will be represented by а platform Qualcomm Snapdragon 615, which is a 64-bit eight core processor with Adreno 405 accelerator.
Publication date: 03 August 03:23 AM
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