InvestorsHub Logo
Followers 14
Posts 4796
Boards Moderated 0
Alias Born 07/03/2017

Re: None

Sunday, 10/20/2019 4:56:22 PM

Sunday, October 20, 2019 4:56:22 PM

Post# of 18930
Federal R. may cut another 0.25bps/total 0.75bps end of Year.

When Rates are Cut slowly weakens the Dollar buying power.

The Reversal effect is normally seen in the commodities prices.

That means OIL per BRL: prices goes upward! Why? It takes more cheaper valued $$dollars to buy a Barrel of Oil.

Middle Eastern tensions will continue to grow in the months ahead and most Analyst see disruptions driving Oil Prices UP around $64 to $70 BRL:

China Trade deals in slow phrases will bring back Oil demand levels.

Saudi & Russia need higher Oil per BRL :Prices level @ $68.00
saudi looking toward higher earnings before launching Aramco IPO

Seasonal Weather moving in along with Holiday Travel Season on oil demand
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CHK News