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Brent

180$ for barrel?! What will happen with Oil Price during WarOnly peace will save us - as one proverb says. But is it really the case with the oil price? The war in Ukraine and the turmoil over Russian oil are shaking the markets, so we have to look at the situation from several perspectives. the nearest option resistance is at USD 120 we have a lot of Virgin VPOCs below the current price, which theoretically should act as a ballast inhibiting further increases in the background the risk of the imposition of further sanctions banning the import of Russian oil in individual countries ignorance of OPEC at the last meeting - political and supply turmoil around oil and the session ... lasts a record 13 minutes without mentioning the oil supply limitation by one of the key OPEC producers! The situation becomes even more interesting if we see where the funds are located on the Options from the Expiry Date in mid-April 2022 - the resistance (i.e. investors place money on CALL options) with a record high turnover is ... the level of USD 180 per barrel! At the time of writing the analysis, we have as many as 4241 options there. Even at the next expiration of options in mid-March (little time until Expiry), we can see the capital shifting towards $ 140, where levels of $ 100-110 were staked at the beginning of the war in Ukraine. The options market often brings information well in advance. Get an edge in trading today with access to daily analyzed levels and option data from multiple instruments. The inquisitive will find a link to the page where the results of trading with the use of tools and option data are presented, as well as information about the mechanics of the market available for free. And what are your expectations for the coming weeks ad. oil prices? I'd love to hear from you!
NYMEX:CL1!
by skyline-trader
OIL Multi Year Bull Market?Is OIL in a Multiyear Bull Market. Oil demand is growing and supply is not. There has been significant under investment into shale oil. OPES supplies are being exhausted and offshore production growth is flat to dwindling. ESG mandates are putting pressure on the fossil fuel industry as a whole but ESG are only affecting one thing. And that is supply. The mandates have not addressed demand which is increasing. There is already the start of an energy crisis hitting Europe with Gas and Coal price soaring oil gas coal and uranium Stocks are the place to be over the next few years imo.
O
by gillman_hugh
BRENT CRUDE OIL EXPECTED RALLYUK Brent opened with a bullish gap after the weekend in Monday (28.02.2022), with prices rising due to the intensified situation between Russia and Ukraine and the fuel distribution insecurity in Europe. But the price met resistance at 103.26 USD and reverted back, closing the initial gap and meeting support at 97.18 USD. Both MACD indicator and RSI indicator are confirming the bullish trend, which indicates that the instrument might try again to break the resistance at 103.26 USD, and if it does that, it will probably attack it's high at 105.74 USD. In the opposite scenario, the instrument might try to test again the resistance at 97.18 USD. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
TVC:UKOILLong
by legacyFXofficial
Oil Reaches $100 Per BarrelTrade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose
TVC:USOILShort
by Michael_Harding
3
Brent Crude - $100 in sightBrent crude came within a whisker of $100 today for the first time since September 2014 before profit-taking kicked in. Will it eventually capture this level? There's been a number of times in recent months when $100 oil has been thrown around like it's a case of when rather than if it will hit that massive psychological level. The shortfall of supply from OPEC+ which continues to fail to hit its targets by ever-widening margins, combined with stronger than expected demand has created a very tight market and with no end in sight in the near term, the price has been naturally rising. November offered temporary reprieve, initially from the US-led coordinated SPR release as various countries sought to address the imbalance and lower prices, and then from the emergence of omicron which had a far greater impact. Once the threat of omicron was deemed to not be too great, the price started climbing again and it hasn't really stopped. The crisis now in Ukraine has just added to the rally, with traders now pricing in additional risk premium in the event of Russian supplies being hit. This brings us back to the initial question, will it surpass $100? There doesn't appear to be any lack of momentum, despite the price rallying 50% from the December lows. That was starting to emerge but the escalation at the Ukrainian border has seen that reverse. In terms of how far it can go if it does go above $100, that depends on what happens in Ukraine, not to mention if a new nuclear deal is signed between the US and Iran that could quickly see 1.3 million barrels per day back in the market. The next test could come around $105, where it saw plenty of activity almost a decade ago. The key will be the events on the border but in the meantime, momentum indicators could give us an idea of whether the break of $100 will accelerate the rally or not.
OANDA:BCOUSD
by OANDA