Relevant articles for you

Video

Clive Lambert - FuturesTechs
The FTSE could be on the cusp of a sell signal as the last four to five months are looking like a big head-and-shoulders, says Clive Lambert of FuturesTechs. He targets 6,260 if the neckline pattern at 6,688 is broken.
Squawk / 10 October 2016 at 11:02 GMT
Head of Commodity Strategy / Saxo Bank
Denmark
Oil was trading lower early Monday as the Opec-led plan to cut production was put into doubt after Iraq, Opec’s 2nd biggest producer said it planned to raise output in 2017.
The market however remains headline driven with the flow of comments coming from the World Energy Congress in Istanbul.
Some Opec energy ministers including Al-Falih from Saudi Arabia are attending while Russia's Novak will meet with Opec members on Wednesday to discuss the Opec deal and its potential participation with production freeze. The latest comment from Novak has seen both Brent and WTI return to positive territory.
10 October
Ole Hansen Ole Hansen
Headlines from Putin on oil deal. Market ticking higher again
10 October
matsuri matsuri
to give the market the output freeze or cut OPEC (mostly Saudis) and Russia will pump as many barrels as possible. however the freeze or cut will be offset by Iraq, Iran, Libya, Nigeria and other non-OPEC producers.
10 October
John Roberti John Roberti
I agree with matsuri! I cannot believe there will not be a drop in price sooner or later...?
11 October
John Roberti John Roberti
dear Ole, assuming that the agreement, what ever it is, is coming into play on January 15 2017 as defined by Saudi's, we would have an extra glut of 700.0000 BPD x 75 days that is an extra glut of 52.5 million barrels and if either Iran or Iraq or Nigeria or Libya or Russia adds up to this production as of august, then the extra glut added could come to easy 70 million barrels! Could this justify an increase in price? Could you tell me if these numbers
are correct?

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail