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  • Editor’s Picks / Yesterday at 23:06 GMT

    Oil glut will be even worse than first thought, says IEA

    Bloomberg
    The global oil surplus will be bigger than previously estimated in the first half, increasing the risk of further price losses, as Opec members Iran and Iraq bolster production while demand growth slows, according to the International Energy Agency. Supply may exceed consumption by an average of 1.75 million barrels a day in the period, compared with an estimate of 1.5 million last month, and the excess could swell if Opec adds more output, the IEA said. Iran raised production in January following the removal of international sanctions, Iraqi volumes reached a record and Saudi Arabia also ramped up output. The agency trimmed estimates for global oil demand.
    Read article on Bloomberg
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  • Calendar event / Yesterday at 21:30 GMT

    US API Weekly Statistical Bulletin

    forecast
    actual
    Med Crude Stocks, Net Chg (Bbls)
    +2.4M
    Med Gasoline Stocks, Net Chg (Bbls)
    +3.1M
    Med Distillate Stocks, Net Chg (Bbls)
    +1.7M
  • 5h
    bvlaerhoven bvlaerhoven
    that went fast
  • Squawk / Yesterday at 12:58 GMT
    Business analyst
    United Kingdom
    #crudeoil Sell at current market price for target of $1 and stop loss of $1
    Best of luck!
    Read the Squawk
  • Article / Yesterday at 6:06 GMT

    3 Numbers: German export machine due for a fall

    editor/analyst / CapitalSpectator.com
    United States
    3 Numbers: German export machine due for a fall
    There are many who believe Germany's December trade balance may show the first signs of a weakening export sector. Meanwhile the US is worried about how small business job openings are progressing and that the Fed's Labor Market Conditions Index is showing serious weakness.
    Read the article
  • Squawk / Yesterday at 4:22 GMT
    research analysis in intrady and short term strategy in xau/usd and xag/usd / WWW.MCXMASTER.IN
    India
    Yesterday's huge loss in xau and xag. sl trigrred yesterday after a long period of times. uncertainty of fed rate hike again keep buy trend in precious metals continue.

    for intraday and this week strategy, buy xau and xag at cmp $1189.30-85range and $15.320-250range and keep sl $1175+$15

    and tgt1 $1205+$15.780
    and tgt2 $1212+$16.000.mm
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  • Squawk / Yesterday at 4:13 GMT
    Technical Analsyt / commoditymarket2008 Advisory Services
    India
    Spot Gold Has Support 1188, Hold Below Then 1182 & 1176 Possible And Has Resistance 1196, Above Holding Means 1202 & 1208 Easily Looking
    Read the Squawk