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US Oil Production vs. WTI Price (1986-2016)

#Uganda shilling and global #market report - October 14 2016 The Uganda shilling crashed through a major support level (3450) and even kissed the next one (3475). The Uganda shilling now only has credible support at 3500. In between are just minor details. Resistance is now firm at 3425 and 3400. The chart indicates that this shilling is going to get worse (for importers) than better but wonderful for exporters. The Uganda shilling closed at 3448 on the US dollar 4201 on the British pound…

#Uganda shilling and global market report - September 30 2016 The Uganda shilling rose up on the main trading currencies. Do not get comfortable the trend is pointing downwards for the shilling. In September the Uganda shilling was 2500 on the US dollar. Let us see where it is now. The Uganda shilling closed at 3367 on the US dollar 4371 on the British pound 3785 on the Euro 50.58 on the Rupee 33.23 on the Kenyan shilling 2565 on the Canadian dollar 2578 on the Australian dollar and 1.55…

OPEC crude output rises to record as Libya Nigeria boost supply OPEC crude production rose to a record in September according to a Bloomberg survey driven by returning output from Libya and Nigeria members who will likely be exempt from last weeks deal to cut supply. Overall production from the Organization of Petroleum Exporting Countries increased by 170000 bopd from the previous month to 33.75 MMbopd the survey of analysts oil companies and ship-tracking data showed. Nigeria and Libya…

European equity markets are expected to open a little higher on Thursday, with the FTSE rebounding from Wednesday’s declines helped by a similar rebound in oil prices overnight. Brent and WTI crude tumbled on Wednesday following the release of the EIA crude inventory data which reported a larger build in oil stocks than markets expected. … #forex. #forexfriendloan. #PMIDateinFocus.

Crude Oil Price Forecast: Oil Bulls Can Almost Taste 3-Month Highs

EEUU pronostica suba de hasta 20% en el precio del petróleo en 2017 -

WTI Price Oil price collapsing, could set new low.OPEC meets in early December, but analysts expect it to take no action and maintain its position that the market should set prices. 2015-11-12

from Business Insider

Apache discovered a giant oil field in Texas and its shares are leaping

Apache discovered a giant oil field in Texas and its shares are leaping (APA WTI OIL USO)