Marshall Gittler, Head of Investment Research for FXPRIMUS, takes an interesting look at where crude oil prices are heading. Oil prices were collapsing earlier this year before recovering more than 60% from their February lows. Will oil prices keep rising? Will oil prices remain volatile? What is happening with oil demand in China and India?…
Read more“The drop of Brent Crude oil prices to 50 USD per barrel will likely lead to the dollar growing to 64 rubles in the short term. Moreover, S&P's lowering of its rating for the Russian Federation to below "BBB-" in January may provoke a massive sell-off of Russian assets" - Sergey Kochergin, Senior Analyst, EXNESS
Read moreCME Group, the world's leading and most diverse derivatives marketplace, today announced it reached trading volume and open interest records for its NYMEX Brent (BZ) crude oil futures contracts on Friday, July 11, 2014. Open interest for NYMEX Brent set a record of 101,425 on July 11, surpassing the 100,000 contracts milestone for the first…
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