Oil

[Muhammadfaizan]

An oil is any nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (does not mix with water, literally "water fearing") and lipophilic (mixes with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable and surface active.

The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile.[1] They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents.

[Shahzadahmed4850]

Oil

Crude oil four-hour chart
Black gold is having a sharp selloff to $60 a barrel and the 200 SMA on the four-hour chart. As the bears took control the market is more likely to continue to explore lower prices towards 57 and 55.50 price levels. Resistances are seen near 61, 62 and 63 handles.

[148]

If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 77 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 77 is neutral area, any trade done in between is personal decision and not part of this analysis

[Babarali123]

Oil Price -
Get crude oil prices with live charts from Investing.com. Stay up to date with real-time crude oil futures prices, historical data, news ...

Coronavirus and oil: Why crude has been hit hard - BBC News -
oil from
4 days ago · The world's biggest oil producers are under pressure to cut output as crude prices slump.

[Aonkhan532]

Oil

Forex forum is the most popular in the world to see the most important things about your life and your future needs. In this forum we have been working with a team of experts who will help us to understand how we are working together and how we are able to earn good profit. We also follow the seniors traders and make trading decisions that are very important to earn good profit.

[Samranfaizan220]

Peak Shale Will Send Oil Prices Sky High
Nick Cunningham
Oilprice.comFebruary 7, 2020, 1:00 AM UTC
Much of the cheap oil has been produced, and the oil industry is increasingly relying on costly reserves. While the world is awash in supply right now, the market may begin to tighten up in the next few years, forcing prices higher.

But the global economy will begin to sputter as a result of higher crude prices. “The current economic system cannot sustain oil prices above $100 a barrel, and engage in genuine growth in the real economy for very long,” warned the report, authored by Dr. Simon Michaux and published by the Geological Survey of Finland. “Alternatively, producers cannot sustain oil prices as low as $45 a barrel and still make a profit.”

[Ayyaz532]

Oil

Forex trading is best for investors who want to earn good profit. Before trading we must understand the supporting and resistance level of trading. The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
We also know about the movement of price up and down in down because of news. News of donald trump is most important. About USA and Chaina trades.
I have also make trading about these analysis of moving arevages. Parabolic SR.

[Fyyaz532]

Oil

Trading is best for everyone who wants to earn money for their own business. Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading. So trader can trade according the market situation and earn a good profit.

[Mazz]

Usoil
cfds on crude oil (wti)
50.40
usd
−0.65 (−1.28%)
market closed (feb 07 16:45 utc-5)
51.06
prev
51.06
open
452.522k
volume
50.08 — 51.46
day's range

[Sumbal85]

Hello Members
Today pair Oil
Market trend condition today is Bearish

Resistance 64.45
Resistance 58.98
Resistance 55.97


Supporting 53.44
Supporting 50.48
Supporting 49.39