Sugar and Brazil Relationship: Since Brazil has been the leading producer of sugarcane in the world, the value of the Brazilian Real plays a significant role in the price of sugar futures. Weakness in the Brazilian Real against the US Dollar encourages Brazil's sugar producers to boost exports. The logic is that a lower Brazilian Real incentivizes Brazilian...
#Gasoline $RB_F RBOB futures bottom close here at $.54 as gasoline crack spread (difference between spot price of crude oil & gasoline) looks to be bouncing from lows.. Hourly chart showing capitulation volume & bullish RSI divergence suggesting downtrend weakening $UGA $USO $VLO - Twitter Post @CashFlo @ 10:53AM CST twitter.com There it is.. #Gasoline $RB_F...
this will drop. long term it will drop. phase 2 will ensure this. I would buy as low as possible. to risky to buy during a pandemic. Until there is a Vaccine i will short on price rise. Thanks mates and enjoy and like and feel free to leave a comment.
Headlines: - EIA Data Shows Cuts in Both Crude & Gasoline Inventories - Gasoline Futures Return to 0.85 Handle as Prices Fall -7% - US Indexes Fall Along with Energy Sector Down -4%
With the fall of quarantine, road traffic is back and demand is rising accordingly, and gasoline prices are recovering. Less manipulations than the Oil market, much safer trade instrument and good ROI. #Gasoline #RBOB
- Gasoline has paired some gains heading into the new week with it falling down to the 0.6570 level as we near the London open. - Much of the pressure in lower prices has been due to the ongoing demand issues we are seeing within the United States, however, we have seen prices in recent week pick up from lows around mid-0.40 level. - As of this week, however, we...
API Release this week has shown a gain up for the week with Gasoline posting a build of 2.226 million barrels
- Gasoline is now approaching the important 0.725 price handle once again - This level has been seen in the past as a level of strong price resistance
- Gasoline Bounces of 0.6250 handle - OPEC+ Meetings scheduled for Thursday which could see volatility role into Gasoline markets - Gasoline dropped to the beginning of the year due to falling demand within the US region
Headlines • Gasoline Surges Above 0.60 Level Posting +12% Gain in Asia • Petrobras to Cut Production & Reduce Capital Expenditures in a Bid to Off-Set Virus Impacts • US Futures Retreat in Asia Breaking Weeks Uptrend
Headlines • Further Oil & Gas Companies Announce Expenditure Cuts with TOTAL Set to Cut into the Year • Gasoline Continues Its Plummet Down -31% on Monday Close • UK Closes Non-Essential Business as Countries Go into Quarantine to Slow Spreads
Headlines • Gasoline Sheds Further Seeing It Drop -9.64% Monday Open • China Releases Industrial Production Data Showing Drop of a Staggering -13.5% • US Futures Fall Ahead of Open as Fed Cuts Interest Rates Close to Zero
Headlines: • Gasoline Plummets Along with Crude as Markets See Huge Selling • Futures in Asia Prepare for the Worst as They Plummet Heading into the Session • EU and US Markets Plunge as Investors Flee
Dates in the future with the highest probability for price direction reversals
Headlines: • EIA Crude Inventory See Stockpiles Continues Whilst Gasoline & Distillate Stock Drops • Surging Indexes Spurred on by Stimulus Measures with S&P500 +4.22% • Coronavirus Cases Slow Down in China Whilst See Rises in Italy & Iran
Headlines: • Crude Extends its Losses in Asia With NYMEX Crude Down -3.16% + RBOB Gasoline Down -3.29% • UN Secretary General Calls for Immediate Ceasefire After 33 Turkish Soldiers Killed in Idlib • Asian Equities Feel Full Force of Sell Pressure with Nikkei225 Down -4.60%