Oil N’ Gold – Action Forex https://www.actionforex.com Live Forex Analysis, Currency Rates, Economic Calendar, Technical Forecast, Fundamental News, Free Trading Signals. Best. USD Dollar, EUR Euro, JPY Yen, GBP Pound, CHF Swiss Franc, CAD Canadian Dollar, AUD Australian Dollar, NZD New Zealand Dollar Sat, 22 Feb 2020 14:30:17 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 CFTC Commitments of Traders – Traders Bet Crude Oil, Gold and Silver Prices Higher https://www.actionforex.com/action-insight/oil-n-gold/274073-cftc-commitments-of-traders-traders-bet-crude-oil-gold-and-silver-prices-higher/ https://www.actionforex.com/action-insight/oil-n-gold/274073-cftc-commitments-of-traders-traders-bet-crude-oil-gold-and-silver-prices-higher/#respond Sat, 22 Feb 2020 14:30:00 +0000 https://www.actionforex.com/?p=274073 According to the CFTC Commitments of Traders report for the week ended February 18. NET LENGTH for crude oil futures gained +14 995 contracts to 411 764 for the week. Speculative long positions dropped -5 903 contracts while shorts declined -20 898 contracts. For refined oil products, NET LENGTH for gasoline added +3 320 contracts […]

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CFTC Commitments of Traders – Gold Consolidates at High Level as Safe-Haven Demand Increases https://www.actionforex.com/action-insight/oil-n-gold/272117-cftc-commitments-of-traders-gold-consolidates-at-high-level-as-safe-haven-demand-increases/ https://www.actionforex.com/action-insight/oil-n-gold/272117-cftc-commitments-of-traders-gold-consolidates-at-high-level-as-safe-haven-demand-increases/#respond Sat, 15 Feb 2020 05:18:43 +0000 https://www.actionforex.com/?p=272117 According to the CFTC Commitments of Traders report for the week ended February 11. NET LENGTH for crude oil futures slipped -605 contracts to 396 769 for the week. Speculative long positions added +238 contracts while shorts gained +843 contracts. For refined oil products, NET LENGTH for gasoline added +575 contracts to 113 763, while […]

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Major Oil Agencies Downgrade Global Oil Demand Outlook amidst Coronavirus Outbreak https://www.actionforex.com/action-insight/oil-n-gold/271736-major-oil-agencies-downgrade-global-oil-demand-outlook-amidst-coronavirus-outbreak/ https://www.actionforex.com/action-insight/oil-n-gold/271736-major-oil-agencies-downgrade-global-oil-demand-outlook-amidst-coronavirus-outbreak/#respond Thu, 13 Feb 2020 13:25:02 +0000 https://www.actionforex.com/?p=271736 Oil agencies revised lower forecasts for global oil demand, with the outbreak of coronavirus being the key factor. The US Energy Information Administration (EIA) estimated that world oil demand will increase +1.02% to 101.74M bpd this year and then by +1.49% to 103.26M bpd in 2021. These figures were lower than January’s projections of 102.11M […]

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US Crude Oil Inventory Gained Much More than Expected https://www.actionforex.com/action-insight/oil-n-gold/271507-us-crude-oil-inventory-gained-much-more-than-expected/ https://www.actionforex.com/action-insight/oil-n-gold/271507-us-crude-oil-inventory-gained-much-more-than-expected/#respond Thu, 13 Feb 2020 05:15:52 +0000 https://www.actionforex.com/?p=271507 The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks dropped -1.01 mmb to 1293.49 mmb in the week ended February 13. Crude oil inventory soared +7.46 mmb (consensus: +2.99 mmb) to 442.47 mmb. Stockpile rose in 4 out of 5 PADDs. Cushing stock added […]

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CFTC Commitments of Traders – Traders Took Profit after Recent Gold Price Rally https://www.actionforex.com/action-insight/oil-n-gold/270515-cftc-commitments-of-traders-traders-took-profit-after-recent-gold-price-rally/ https://www.actionforex.com/action-insight/oil-n-gold/270515-cftc-commitments-of-traders-traders-took-profit-after-recent-gold-price-rally/#respond Sun, 09 Feb 2020 03:42:40 +0000 https://www.actionforex.com/?p=270515 According to the CFTC Commitments of Traders report for the week ended February 4. NET LENGTH for crude oil futures slumped -64 388 contracts to 397 374 for the week. Speculative long positions fell -11 338 contracts while shorts rose +53 050 contracts. For refined oil products, NET LENGTH for gasoline gained +8 540 contracts […]

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US Crude Oil Inventory Jumped Last Week https://www.actionforex.com/action-insight/oil-n-gold/269749-us-crude-oil-inventory-jumped-last-week/ https://www.actionforex.com/action-insight/oil-n-gold/269749-us-crude-oil-inventory-jumped-last-week/#respond Thu, 06 Feb 2020 02:49:32 +0000 https://www.actionforex.com/?p=269749 The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks dropped -0.89 mmb to 1294.91 mmb in the week ended January 31. Crude oil inventory gained +3.36 mmb (consensus: +2.83 mmb) to 435.01 mmb. Stockpile in PADD 3 (Gulf Coast) rose +4.92 mmb. Cushing stock […]

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CFTC Commitments of Traders – NET LENGTH on Crude oil Futures Fell Sharply as Price Slumped on Coronavirus Concerns https://www.actionforex.com/action-insight/oil-n-gold/268615-cftc-commitments-of-traders-net-length-on-crude-oil-futures-fell-sharply-as-price-slumped-on-coronavirus-concerns/ https://www.actionforex.com/action-insight/oil-n-gold/268615-cftc-commitments-of-traders-net-length-on-crude-oil-futures-fell-sharply-as-price-slumped-on-coronavirus-concerns/#respond Sat, 01 Feb 2020 07:12:21 +0000 https://www.actionforex.com/?p=268615 According to the CFTC Commitments of Traders report for the week ended January 28. NET LENGTH for crude oil futures declined -58 806 contracts to 461 762 for the week. Speculative long positions fell -10 973 contracts while shorts rose +47 833 contracts. For refined oil products, NET LENGTH for gasoline fell -23 085 contracts […]

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US Crude Inventory Gained over 3M bpd, while Distillate Stockpile Continued to Retreat from 2.5-Year High https://www.actionforex.com/action-insight/oil-n-gold/267997-us-crude-inventory-gained-over-3m-bpd-while-distillate-stockpile-continued-to-retreat-from-2-5-year-high/ https://www.actionforex.com/action-insight/oil-n-gold/267997-us-crude-inventory-gained-over-3m-bpd-while-distillate-stockpile-continued-to-retreat-from-2-5-year-high/#respond Thu, 30 Jan 2020 04:56:07 +0000 https://www.actionforex.com/?p=267997 The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks added +1 mmb to 1295.4 mmb in the week ended January 24. Crude oil inventory gained +3.55 mmb (consensus: +0.48 mmb) to 431.65 mmb. Stockpile rose in 4 out of 5 PADDs. Cushing stock added […]

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CFTC Commitments of Traders – Traders Trimmed Bets on Crude Oil Prices https://www.actionforex.com/action-insight/oil-n-gold/266855-cftc-commitments-of-traders-traders-trimmed-bets-on-crude-oil-prices/ https://www.actionforex.com/action-insight/oil-n-gold/266855-cftc-commitments-of-traders-traders-trimmed-bets-on-crude-oil-prices/#respond Sat, 25 Jan 2020 09:32:50 +0000 https://www.actionforex.com/?p=266855 According to the CFTC Commitments of Traders report for the week ended January 21. NET LENGTH for crude oil futures decreased -9 744 contracts to 520 568 for the week. Speculative long positions fell -11 216 contracts while shorts dropped -1 472 contracts. For refined oil products, NET LENGTH for gasoline rose +2 995 contracts […]

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US Crude Oil Inventory Dropped Modestly. Petroleum Stockpiles Gained https://www.actionforex.com/action-insight/oil-n-gold/266114-us-crude-oil-inventory-dropped-modestly-petroleum-stockpiles-gained/ https://www.actionforex.com/action-insight/oil-n-gold/266114-us-crude-oil-inventory-dropped-modestly-petroleum-stockpiles-gained/#respond Fri, 24 Jan 2020 02:56:12 +0000 https://www.actionforex.com/?p=266114 The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks slipped -1.9 mmb to 1294.4 mmb in the week ended January 17. Crude oil inventory dropped -0.41 mmb (consensus: -1.01 mmb) to 428.11 mmb. Stockpile fell in 3 out of 5 PADDs. Cushing stock slipped […]

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CFTC Commitments of Traders – NET LENGTH for Crude Oil Declined on Profit Taking https://www.actionforex.com/action-insight/oil-n-gold/265075-cftc-commitments-of-traders-net-length-for-crude-oil-declined-on-profit-taking/ https://www.actionforex.com/action-insight/oil-n-gold/265075-cftc-commitments-of-traders-net-length-for-crude-oil-declined-on-profit-taking/#respond Sun, 19 Jan 2020 15:17:05 +0000 https://www.actionforex.com/?p=265075 According to the CFTC Commitments of Traders report for the week ended January 14. NET LENGTH for crude oil futures declined -36 960 contracts to 530 312 for the week. Speculative long positions fell -28 565 contracts while shorts gained +8 395 contracts. For refined oil products, NET LENGTH for gasoline rose +11 166 contracts […]

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CFTC Commitments of Traders – NET LENGTH on Safe Haven Assets Trimmed Last Week https://www.actionforex.com/action-insight/oil-n-gold/263262-cftc-commitments-of-traders-net-length-on-safe-haven-assets-trimmed-last-week/ https://www.actionforex.com/action-insight/oil-n-gold/263262-cftc-commitments-of-traders-net-length-on-safe-haven-assets-trimmed-last-week/#respond Mon, 13 Jan 2020 03:43:10 +0000 https://www.actionforex.com/?p=263262 According to the CFTC Commitments of Traders report for the week ended January 7. NET LENGTH for crude oil futures rose + 12 415 contracts to 567 272 for the week. Speculative long positions gained +12 161 contracts while shorts dropped -254 contracts. For refined oil products, NET LENGTH for gasoline added +5 759 contracts […]

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US Crude Oil Inventory Gained, While Refined Product Stockpile Rose Sharply Last Week https://www.actionforex.com/action-insight/oil-n-gold/262403-us-crude-oil-inventory-gained-while-refined-product-stockpile-rose-sharply-last-week/ https://www.actionforex.com/action-insight/oil-n-gold/262403-us-crude-oil-inventory-gained-while-refined-product-stockpile-rose-sharply-last-week/#respond Thu, 09 Jan 2020 02:26:54 +0000 https://www.actionforex.com/?p=262403 The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks surged +14.77 mmb to 1287.84 mmb in the week ended January 3. Crude oil inventory gained +1.16 mmb (consensus: -3.57 mmb) to 431.06 mmb. Inventory in PADD 3 (Gulf Coast) fell -2.14 mmb. Cushing stock […]

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Gold Driven Higher by Iran Tensions, Falling Yields and Rising Inflation Expectations https://www.actionforex.com/action-insight/oil-n-gold/262199-gold-driven-higher-by-iran-tensions-falling-yields-and-rising-inflation-expectations/ https://www.actionforex.com/action-insight/oil-n-gold/262199-gold-driven-higher-by-iran-tensions-falling-yields-and-rising-inflation-expectations/#respond Wed, 08 Jan 2020 07:42:55 +0000 https://www.actionforex.com/?p=262199 Geopolitical tensions in Iran continue to evolve. The latest development is that Iran has launched over a dozen missiles at Iraqi bases hosting US and coalition troops. The Islamic Revolutionary Guard Corps (IRGC) announced in a statement that the attack was done “in the name of martyr General Qassem Suleimani”. The move evidences that Iran […]

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CFTC Commitments of Traders – NET LENGTH on Crude Oil and Heating Oil Futures Gained Last Week https://www.actionforex.com/action-insight/oil-n-gold/261866-cftc-commitments-of-traders-net-length-on-crude-oil-and-heating-oil-futures-gained-last-week/ https://www.actionforex.com/action-insight/oil-n-gold/261866-cftc-commitments-of-traders-net-length-on-crude-oil-and-heating-oil-futures-gained-last-week/#respond Tue, 07 Jan 2020 15:25:53 +0000 https://www.actionforex.com/?p=261866 According to the CFTC Commitments of Traders report for the week ended December 31. NET LENGTH for crude oil futures gained +4 780 contracts to 554 857 for the week. Speculative long positions added +1 546 contracts while shorts dropped -3 234 contracts. For refined oil products, NET LENGTH for gasoline slipped -918 contracts to […]

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Huge Decline in US Crude Oil Inventory Added Fuel to Price Rally https://www.actionforex.com/action-insight/oil-n-gold/261250-huge-decline-in-us-crude-oil-inventory-added-fuel-to-price-rally/ https://www.actionforex.com/action-insight/oil-n-gold/261250-huge-decline-in-us-crude-oil-inventory-added-fuel-to-price-rally/#respond Sat, 04 Jan 2020 03:15:27 +0000 https://www.actionforex.com/?p=261250 The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks fell -2.89 mmb to 1267 mmb in the week ended December 27. Crude oil inventory slumped -11.46 mmb (consensus: -3.29 mmb). Inventory declined in 4 out of 5 PADDs. PADD 3 (Gulf Coast) alone saw […]

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Oil Prices Jump after Airstrike in Iran. Impacts should be Short-Lived https://www.actionforex.com/action-insight/oil-n-gold/261153-oil-prices-jump-after-airstrike-in-iran-impacts-should-be-short-lived/ https://www.actionforex.com/action-insight/oil-n-gold/261153-oil-prices-jump-after-airstrike-in-iran-impacts-should-be-short-lived/#respond Fri, 03 Jan 2020 11:14:36 +0000 https://www.actionforex.com/?p=261153 Re-escalation of geopolitical tensions in Iran lifted oil prices. The front-month WTI crude oil contract, rallying more than +3%, spiked to 63.4 at one point. The corresponding Brent contract, gaining about +3.5%, jumped to a 7- month high of 69.16 earlier today. It was reported that a top Iranian general was killed in a US […]

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CFTC Commitments of Traders – Crude Oil’s Increase in NET LENGTH Moderated as Price Entered Fourth-Week Rally https://www.actionforex.com/action-insight/oil-n-gold/260460-cftc-commitments-of-traders-crude-oils-increase-in-net-length-moderated-as-price-entered-fourth-week-rally/ https://www.actionforex.com/action-insight/oil-n-gold/260460-cftc-commitments-of-traders-crude-oils-increase-in-net-length-moderated-as-price-entered-fourth-week-rally/#respond Tue, 31 Dec 2019 07:26:08 +0000 https://www.actionforex.com/?p=260460 According to the CFTC Commitments of Traders report for the week ended December 24. NET LENGTH for crude oil futures gained +13 700 contracts to 550 077 for the week. Speculative long positions added +13 189 contracts while shorts dropped -511 contracts. For refined oil products, NET LENGTH for gasoline slipped -840 contracts to 14 […]

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CFTC Commitments of Traders – Bets for Higher Oil Price Remained Though Momentum Eased https://www.actionforex.com/action-insight/oil-n-gold/259754-cftc-commitments-of-traders-bets-for-higher-oil-price-remained-though-momentum-eased/ https://www.actionforex.com/action-insight/oil-n-gold/259754-cftc-commitments-of-traders-bets-for-higher-oil-price-remained-though-momentum-eased/#respond Sun, 22 Dec 2019 13:02:54 +0000 https://www.actionforex.com/?p=259754 According to the CFTC Commitments of Traders report for the week ended December 17. NET LENGTH for crude oil futures jumped +40 838 contracts to 536 377 for the week. Speculative long positions gained +34 897 contracts while shorts declined -5 941 contracts. For refined oil products, NET LENGTH for gasoline added +1 555 contracts […]

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CFTC Commitments of Traders – Improved Risk Appetite Lifted Bets on Oil Prices https://www.actionforex.com/action-insight/oil-n-gold/257862-cftc-commitments-of-traders-higher-risk-appetite-lifted-bets-on-oil-prices/ https://www.actionforex.com/action-insight/oil-n-gold/257862-cftc-commitments-of-traders-higher-risk-appetite-lifted-bets-on-oil-prices/#respond Sun, 15 Dec 2019 09:01:27 +0000 https://www.actionforex.com/?p=257862 According to the CFTC Commitments of Traders report for the week ended December 10. NET LENGTH for crude oil futures jumped +67 504 contracts to 495 539 for the week. Speculative long positions gained +46 096 contracts while shorts declined -21 408 contracts. For refined oil products, NET LENGTH for gasoline rose +9 433 contracts […]

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