Tag Archives: Analysis

analysis

Who is OPEC and why are they important in oil trading? 

“OPEC daily basket price stood at $86.51 a barrel.”  “Al Ghais: Peak oil demand not on the horizon.”  “37th OPEC and non-OPEC Ministerial Meeting.”  Above are some of the headlines that oil traders would eye on every business day. For someone new to the oil as a commodity in day trading, one must wonder why the Continue Reading

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