FX:UKOIL   Crude Oil (Brent)
446 1 0
Hello everybody,

According to one of my friends very close of the minister of Saudi Arabia, OPEP members will very soon, under the leadership of Saudi Arabia, cut oil             production to curb the budget deficit.
To this end, the Saudi government purchases for some time, quietly, forward contracts in order to cash juicy profits.

I hope those who read this message can also take advantage of the very near future and significant rebound of Brent. which according to my friend could go up to $ 45
Hi. I see some potential in technical analysis for the upside. However, as encouraging your news is, the flip side of the coin is that Iran will be joining the markets following the lift of sanctions, also US started sending oil to Europe. This will flood the market with more oil. In short, Saudis may limit their output to get rid of their huge debt but there are others in the game that we should consider as well. Good trades
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out