Archive for January, 2015

Goldman Sachs think oil investors are up for a challenge

Friday, January 30th, 2015

Brent crude oil crisisCommodity trading online may take one of the largest hits in recent times according to Goldman Sachs and other reputable analysts.

Driven partially by the massive collapse in oil prices over the past month, analysts have cut their forecasts once again from neutral to underweight.

The sectors which are expected to be affected include energy, metals and livestock.

While some feel that a cut in OPEC oil production may serve to boost prices slightly, a slowdown in demand may hint at a more protracted downturn for the first half of 2015.

Little time likely for Big Gains

Thursday, January 22nd, 2015

The markets for any commodity are always changing; sometimes with great rapidity.

This week, the oil market has seen a very brief, nervous upsurge in prices due to uncertainties surrounding all energies. The death of King Abdullah of Saudi Arabia on Friday has increased the nervousness felt by many.

For example, Brent crude futures reached a high mark of $49.80USD a barrel early in the day, then slowed to $49.30USD a barrel by 0650 GMT. This marked a trading change of upward at 78 cents.