Jump to content

Chartwizard

Community Member
  • Content Count

    2
  • Joined

  • Last visited

Everything posted by Chartwizard

  1. Which commodities in the overall Base Metal Markets do you think will do better in 2019? Which commodities will be hardest hit if China and the USA cannot agree trading terms?
  2. I this the same thing that happening as it did in 2015 and 2016. Regarding the Saudi position is it correct to assume there is a high possibility that they have transacted very large swap transactions when the price was around US$70 to then fix the oil price for the next 12-24 months and hence that has caused oil prices to collapse as the counter party facing Saudi oil has been very active filling that extremely large transaction. In short is Saudi oil really that bothered about the oil price at the moment and when these large transactions expire they will then be selling at market price and that could then affect their approach? My other question is at what point do refineries start to dump oil products onto the market in panic and what are the chances we will see the same weekly DOE data as we did in Q1 2016?
×
×