Sudanese Oil Wars Heat Up Again in 2013

Jun 11, 2013

Sudan is once again threatening to cut off oil pipelines from South Sudan accusing the South of backing separatist rebels in Darfur and the border regions of Southern Kordofan and Blue Nile. South Sudan – the world’s newest country – relies heavily on their oil production for revenues, however they have no export capabilities. They currently […]
Read more

OPEC Maintains Output Levels — Keeping $100/barrel

Jun 02, 2013

OPEC, the Organization of Petroleum Exporting Countries, has voted to maintain output levels, thereby keeping the price at around $100 per barrel. OPEC members currently make up 40% of the world’s oil supply, producing around 30 million barrels per day. The organization must carefully consider their supply limits, as supply has a direct result on […]
Read more

Trade Oil Online with AvaTrade

Apr 22, 2013

AvaTrade is the most advanced crude oil, commodities like gold and silver, and forex, broker online. You can instantly buy and sell gold and other commodities, trading on high leverage. The advantage of leverage is that a $100 investment in crude oil is really worth $10,000, so you can buy about 110 barrels of oil. That’s right, […]
Read more

German Confidence Boosts Oil

Jan 22, 2013 No Comments

German investor confidence was up today – hitting a 2.5 year high. This boosted investor confidence in a strong economy, and crude oil is the fuel that drives the economy. So naturally Crude Oil rose after the announcement. Crude Oil futures rose to $96.50 – the highest level since Sept 2012. The report also showed […]
Read more

US Shale Reserves Help Crude Oil vs Brent

Sep 09, 2012 No Comments

The US shale oil market is thriving, and this is helping keep US oil prices down, especially in relation to the Baltic Sea’s Brent Oil which is popular in northern Europe. This increased production is also helping the US reduce their reliance on foreign oil supplies. The US Gulf Coast’s Light Louisiana Sweet (LLS) is […]
Read more

Oil Prices Rise on Expected Stimulus

Sep 09, 2012 No Comments

Crude oil prices rose for the 3rd day in a rose as US data showed poor employment numbers. The US economy failed to generate more new jobs, and investors are speculating that this will force the US Federal Reserve to actively stimulate the economy. Oil rose 1.1% on Friday as reports showed that businesses hired […]
Read more

Kurds Resume Oil Exports from Iraq

Aug 09, 2012 No Comments

The Kurds – an ethnic group in northern Iraq – have resumed exporting crude oil. The Iraqi government pipeline had been shut down for 4 months over a payment dispute. Kurdistan is an autonomous region but still part of Iraq and reliant on the central government. The pipeline is currently transporting 100,000 barrels per day. […]
Read more

Brent Crude Oil Up A Bit

Aug 08, 2012 No Comments

After an up-and-down day, Brent crude oil closed up slightly as US crude oil inventories fell, and North Sea oil production slows down. Brent oil September futures rose $0.14 to $112.14, after ranging from $110.85 to $113.27   This volatility is what traders profit from. Open a free $100,000 demo practice account today with Ava […]
Read more

Sudan Signs Oil Agreement

Aug 08, 2012 No Comments

Sudan and South Sudan have come to an agreement over disputed oil payments, preventing a possible war as tensions rise. South Sudan – the world’s newest country – separated from Sudan in 2011 keeping 75% of the oil production along the border region. This greatly hurt relations with the Sudan, who claimed the oil-producing regions […]
Read more

Iran is Losing $133 Million Per Day on Oil Sanctions

Aug 02, 2012 No Comments

Western sanctions against Iran are costing them $133 million per day in lost revenue. The sanctions were put in place to prevent Iran from continuing to pursue their covert nuclear weapons program. Iranian oil shipments are down 52% since July. Although controversial at first, the sanctions are now seen as a major success as we […]
Read more

Language: