Sentences with phrase «bullish oil traders»
The resurgence in U.S. oil demand is showing signs of flagging, with drivers easing off the gas pedal a bit in August, according to U.S. data on Friday that may weaken one of the key arguments for bullish oil traders.
http://news.peak-oil.org/ Not exact matches
Oil could again be a positive catalyst for stocks Wednesday, as traders await government inventory data that could be more bullish than expected.
The expected strong demand growth, coupled with OPEC's production cuts, is making oil analysts and traders at the Singapore conference more bullish this year than at the same event last year, according to Bloomberg.
Oil traders will also continue to weigh a steady increase in U.S. production levels in the week ahead as the rise in U.S. drilling marked one of the few factors tamping back crude in an otherwise bullish environment.
When it became clear earlier bullish bets on oil post-OPEC were about to cost speculators a lot of money, traders and their machines took over and engineered bearish positions to mitigate losses.
For example, if a large speculator who was very bullish on oil bid - up the price of the December - 2016 oil contract from $ 64 to $ 70, it would create an opportunity for other traders to lock - in a profit by purchasing physical oil and selling the December - 2016 futures with the aim of delivering the oil into the contracts late next year.
By CountingPips.com — Receive our weekly COT Reports by Email WTI Crude Oil Non-Commercial Speculator Positions: Large energy speculators continued to boost their bullish net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
By CountingPips.com — Receive our weekly COT Reports by Email WTI Crude Oil Non-Commercial Speculator Positions: Large energy speculators reduced their bullish net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
Oil prices flip - flopped Thursday as fears of lingering oversupply held back a bullish push from technical traders, brokers said.
As a trader you might be bullish on crude oil, bearish on the euro currency, bullish on gold, and bearish on Japan's Nikkei 225 stock index.