Oil

[khurramshahzad2]

The group, which acts as a technical advisor to the oil and gas sector, added that almost half of U.S. companies were preparing for "significant increases" in spending on projects over the coming months.

"There are brighter prospects for activity and investment across the value chain this year and beyond," DNV GL's Americas Regional Manager Frank Ketelaars said in a press release.

[khurramshahzad2]

Executives in the U.S. oil and gas industry are said to be much more optimistic about growth in the sector, compared to last year.

In its annual study, DNV GL, claimed that 85 percent of American executives questioned believed there were reasons to expect an increase in drilling in 2019. In the corresponding figure for 2018, the figure was 60 percent.

U.S. oil and gas executives appeared to be more bullish than the global average of positive voices which DNV GL recorded at 76 percent.

[khurramshahzad2]

Brent crude oil futures were up 12 cents at $62.83 a barrel by 3:23 p.m. EST versus Friday's settlement price, while U.S. crude futures were up 19 cents to $53.99 a barrelThe U.S. financial markets are closed on Monday for the Martin Luther King Jr. Day holiday.

[Muhammadasif]

Today Oil rate is 62.20
In my observation the profitable next selling ponit will be 60.40
and by my mind the profitable next buy point will be 64.35
You will earn more money if you will follow my views
because i have posted this after checking the previous routine clearly
good luck

[Sing]

You can trade it via most platforms that offer CFDs, just like how you trade forex. If your platform offers gold, then it probably can offer oil via MT4. In terms of volume, it is supposed to be less liquid than forex, but if you are trading fairly small contracts its easy to get filled. Just note that oil can move abuot 5-10% a day, whereas fx moves 2-3% on big days, so you can make bigger wins and bigger losses.

[Sonafi]

Technical analysis of the OIL

According to H4 time Frame,
Today Market Trend seems to be : BULLISH

Today Resistance level is:

1> Resistance level is: 54.12
2> Resistance level is: 54.23
3> Resistance level is: 54.33

Today supporting level is:

1> Supporting level is : 53.42
2> Supporting level is : 53.28
3> Supporting level is : 53.10

[zaib786]

Thus, Brent Crowe suggests an attempt to develop an improvement at the level of 54.22 for the week of January 21 - 25, 2019. We can expect a rebound with the potential target near 50.43 levels and the continuation of falling oil. In favor of reducing the test, the resistance level will be displayed. The cancellation of the fall option will break the area of ​​57.92. In this case, we can expect the continuous increase of #cl.

[swatkhan]

Oil rises as investors latch on to OPEC cuts, supply outlook
Oil rose on Monday, reversing earlier losses, as investors latched on to positive supply-side drivers for the market, although concern about the wider economy simmered in the background after data pointed to a slowdown in China.
Brent crude oil futures were up 12 cents at $62.82 a barrel by 1520 GMT, while U.S. crude futures were up 9 cents at $53.89 a barrel.

[zaib786]

Keeping in mind the fact of fixing on breakdown and resistance of 54.10, and according to the trend below, make another figure - "double top" and in turn with a trend of 48.30 is a rebound and a price reduction is expected. The opinion is definitely not 100%, but when making a pullback on less schedules and leaving prices at 53.50, I will definitely go to the sale and post a deal here!

[WaqasQais]

Oil today current rate is 62.75

Ye markeet down ki tarf movement kr rahi he or is k selling point hen 60.64 or buy ziyadha se ziyadha point hen 63.05 oand sell ki trade laga deni chahiy ye ap k ley best sabit ho sakti he good luck....