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The Oil Market

Market Executive Summary-Nymex More GoTO

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Main Indicators - Oct/04/2017

WTI


$49.84 {-1.15% }

BRENT


$55.73 {-0.48% }

REGULAR


$1.58 {0.8% }

USINDEX


$93.28 {-0.14% }

GOLD


$1278.6 {0.31% }

CONST


$1.21 {1% }
EIA EIA OIL STORAGE REPORT :Date: Oct/04/2017


Executive Summary-The Dollar, The Gold and The Golden Constant
Jabbarjaf

The financial market is becoming too complex for the average investor. starting from next week, ,you can use our "Spindle" to monitor the market .The spindle is drawn on “ Polar coordinate as well as on the ordinary Cartesian plane. The green area is only 1 Standard deviation away from the mean , while the red areas are the support and resistance lines. The samples are taken sequentially as data change by a certain amount on the screen, regardless of the time span

As for the golden constant, it is very useful tool in the oil market , read our article below Click Here

We also add most of the popular trading Algorithms used by HFT like : RSI Bars- Average True Range -Commodity Channel Index- DeMarker- Envelopes- Force Index -Ichimoku -MACD- Momentum -Relative Vigor Index -Relative Strength Index- Stochastic- Williams Percent Range.....for example

Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. feel free to use any formula for your trading

The Market Box-8/30/2017

6

EIA
 Oil

'Sep/29/2017'

'Crude Oil Turns Lower as Rally Stalls '

 Oil

'Sep/29/2017'

'Saudi Arabia Holds Its Largest Bond Issue to Offset Losses from Oil—Energy Journal '

 Oil

'Sep/24/2017'

'OPEC and Russia Hold Steady on Cuts as Oil Market Improves '

 Oil

'Sep/19/2017'

'Saudi to increase oil prices by 80%According to Bloomberg, the Kingdom will phase out its oil subsidy to bring'

 Oil

'Sep/19/2017'

'Despite new U.S. sanctions, Russian oil traders say it's business as usualRussian oil companies will quickly f'

 Oil

'Sep/19/2017'

'Russia's Rosneft clinches gas pipeline deal with Iraq's Kurdistan ..For Turkey, it means the arrival of new su'

 Oil

'Sep/19/2017'

'powered-cars-effect-on-oil-market-2017-9China's ban on gas-powered cars could cripple the oil market what if C'

 Oil

'Sep/19/2017'

'China's New Gold-Backed Oil Futures Contract Cuts Out U.S. DollarHere's a new bullish factor flying under the '

 Oil

'Sep/19/2017'

'OPEC has cut nearly one million barrels a day of oil output in the past year. But that isn’t how the global cr'

 Oil

'Sep/19/2017'

'fuel prices are poised to remain elevated for the rest of the year in the aftermath of hurricanes Harvey and I'

 Oil

'Sep/18/2017'

'UAE’s non-oil contribution to GDP to swell to 80% by 2021rapid diversification of the economy, Sultan Bin Saee'

 Oil

'Sep/18/2017'

'MARKET MOVERS - ASIA, SEP 18-22: ALL EYES ON CHINA OIL DATA'S POSSIBLE IMPACT ON GLOBAL DEMAND OUTLOOK '

 Oil

'Sep/17/2017'

'Venezuela Stops Accepting Dollars for Oil Payments Following U.S. Sanctions '

 Oil

'Aug/17/2017'

'Russia stays ahead of Saudi Arabia as top global oil supplier (www.rt.com) '

 Oil

'Aug/16/2017'

'Oil dips despite steep draw in U.S. crude stocks (www.reuters.com) '

 Oil

'Aug/16/2017'

'Iraq sets up oil shipping, trading joint venture (www.reuters.com) '

 Oil

'Aug/15/2017'

'OPEC's Oil-Glut Fight Could Last Years (www.bloomberg.com) '

 Oil

'Aug/14/2017'

'Venezuela's State Oil Company's Profits Drop By 90 Per Cent (www.bernama.com) '

 Oil

'Aug/14/2017'

'The Investment Bank Tipping Gold to Hit $1,400 (www.bloomberg.com) '

 Oil

'Aug/14/2017'

'The plight of the light sweet crude barrel: Fuel for Thought (blogs.platts.com) '

 Oil

'Aug/14/2017'

'Oil slips as US shale output rises (www.thenational.ae) '

 Oil

'Aug/12/2017'

'Oil Caps Weekly Drop Amid Shaky OPEC Compliance, Weaker Demand (www.bloombergquint.com) '

 Oil

'Aug/11/2017'

'China Prepares For A Natural Gas Import Boom (ca.finance.yahoo.com) '

 Oil

'Aug/11/2017'

'U.S. shale output poised to keep rising despite investor concerns (www.reuters.com) '

 Oil

'Aug/11/2017'

'IEA Says Strong Oil Demand Growth Helping Market Rebalance (www.epmag.com) '

 Oil

'Aug/11/2017'

'More oil cuts not ruled out (saudigazette.com.sa) '

 Oil

'Aug/11/2017'

'Trump aims to revise US fuel efficiency Standards (www.argusmedia.com) '

 Oil

'Aug/10/2017'

'Oil barrels through $53 level (www.thenational.ae) '

 Oil

'Aug/10/2017'

'Iraq wants to reopen old Saudi crude exports pipeline - former minister (uk.news.yahoo.com) '

 Oil

'Aug/10/2017'

'OPEC sees higher 2018 oil demand, but raises output again (www.zawya.com) '

 Oil

'Aug/09/2017'

'EIA: US to become net gas exporter this year (www.argusmedia.com) '

 Oil

'Aug/08/2017'

'Petrobras CEO: Pre-salt Oil Extraction Costs $8 Per Barrel (www.worldenergynews.com) '

 Oil

'Aug/08/2017'

'Top Tripoli meeting on NOC plans for increased production (noozz.com9 '

 Oil

'Aug/08/2017'

'U.S. oil prices slip as some OPEC producers export more (www.reuters.com) '

 Oil

'Aug/03/2017'

'Italy may ban diesel, petrol cars by 2040 (www.argusmedia.com) '

 Oil

'Aug/01/2017'

'European Oil Majors Enter U.S. Offshore Wind Markets (www.worldenergynews.com) '

articles
Past articles By Jabbar Al-Jaf
crude
Iraq sells first oil supertanker through auction
This is another sad day in the history of the oil industry , which if it continues it may turn “ The Crude Oil Marketing “ into chaos.
Jabbarjaf
crude
Still we are not out of the woods
While Saudi Arabian Energy Minister Khalid Al-Falih said that the kingdom was willing to cut Production even more than was required
Jabbarjaf
crude
No light at the end of the tunnel
In Dec 2015 US Federal Bank had the first rate hike in a decade ,to be increased in baby steps to reach the 2%... We called it then " Not a serious plan , and will not be taken seriously by the market." because ,today ,the market is technically smarter than the central banks.
Jabbarjaf
crude
The end of Open Outcry and Electronic Screens Trading
Speculations on the stock exchanges are not something new, it dates back to 17th century in Holland , but what is new is the new trading platform called HFT ((High-frequency trading
Jabbarjaf
crude
The Triumphant Trump
“ America First” this policy is not new and often referred to as "beggar-thy-neighbor policy“, and it is a text straight out of the 1930 Great Depression's text book. In 1930, the Hawley–Smoot Tariff Act raised U.S. tariffs on over 20,000 imported goods to record levels.
Jabbarjaf
crude
The hightest weekly addition to Inventories in Cushing on record
The Stock at Cushing increased from 61502 MMB to 65285 MMB , which is 3783 million barrels , the largest increase ever in one week
Jabbarjaf
crude
Potential price collapse Averted by uncelebrated heros
OPEC member countries came out on Wednesday 30th Nov with the following press release and
Jabbarjaf
crude
The Tell of The Two Wednedays
. Opec agreed conditionally to reduce the output to between (32.5m -33m b/d) barrels a day . They agreed not to disagree until Wednesday 30th November meeting in Vienna
Jabbarjaf
crude
Crude oil price “free fall” is coming to an end
Opec is learning from the US Fed Bank a new crude oil pricing tactic in baby steps . In Dec 2015 US Federal Bank had the first rate hike in a decade to be increased in baby steps to reach the 2.5% by end of 2016 . After 11 months and 23 press conferences without changing the rate,the Fed kept the market expecting a hike in the rate.
Jabbarjaf
crude
Petroleum Inventory Trap
The crude oil prices are heading towards $35 and should continue to fluctuate between The present level of $50 and the $38. This is because neither the sellers of crude oil nor the buyers ( the holders of inventories ) have any interest in low prices , as both stand to lose equally under any price collapse .Two important factors are ...
Jabbarjaf
crude
Let'sStick Together
Why leave when the european did whatever,UK could have asked for?, and Why exit through a referendum when all Party leaders agree that "Referendum is an alien device of dictators and demagogues ?See the graph .lt is quite illustrative
Jabbarjaf
crude
The Oil Prince
“ Low prices are not our problem… We sell at any price “. This statement is strong enough to stop the heart of anyone who is waiting for an artificial dose of oil price stimuli”. In fact,it was a death-blow to the new oil barons on the eve of Doha meeting. The Oil Prince did at 30 years of age what a sixty six years old OPEC organisation failed to do. What the market needed is a clear message. Instead of “ Softlysoftly” approach practiced by all OPEC members:
Jabbarjaf
crude
Guess who is coming to Doha
inviting oil producers who already made their position clear , to Doha , is looking for whipping boy It also means inviting dissents, which may result in a meeting much similar to Dec 2014 Vienne meeting
Jabbarjaf
crude
Euphoric- Data Falsification to change the Market Sentiment
For the last three consecutive weeks IEA has being releasing USA Petroleum inventories. Each week’s data were worse than the one before it, and yet the “ Market” reaction was positive , and the futures market advanced for wrong reasons, the wrong direction and to a new crude oil price highs, Yet the figures show, the highest Petroleum inventories in living memory .
Jabbarjaf
crude
Why lift the ban after 40 years
After the Arab oil embargo in 1973,a ban on oil exported was instituted to insulate USA crude oil import from any supply interruption. That is always given as the reason for the ban on crude oil export .which is not completely correct! The true reasons for the ban is as follow:
Jabbarjaf
crude
Oct,21 2015: Melting Pot- OPEC invited eight non-member Countries , including Russia
Oct,21 2016 OPEC Countries invited eight non-member Countries , including Russia to reduce the Oil surplus that has sent oil prices below $50 a barrel
Jabbarjaf
crude
malignant tumor is diagnosed as bengin
The economic recession started in 2012, but it was camouflaged , by 1-Unprecedented growth in the financial market ,2-the events in the middle east, Ukraine, Libya, Syria,and 3-Central government’s strategies of boosting “market expectation “ using all means
Jabbarjaf
crude
Who brought down the price of Oil
A change was in the air,Dr. J.Yellen, macroeconomist believing in the theory of improved expectations and transparency took over from Ben Bemannke ,and as soon as she took over in March 2013 almost the same day USA Administration announced SPR drawdown..causing stockpiling in the commercial sector
Jabbarjaf
crude
The oil market is all tears
Today, we are repeating or warning that not only a crude oil avalanche is imminent next August - Sept ,but it also is threating the price structure of the oil industry the Crude oil stock is not only too high and higher than 2014 and 2015, but it also comes at a time when the world economy is heading towards a prolonged recession and perhaps a depression
Jabbarjaf
crude
Cool summer in the Oil Market
The Data Published today May 13 2015 by EIA () tells different tell. Looking at Oil inventories, (The balance sheet of the oil industry) we observe that the level of Oil Stock in 2014 was artificially very low( perhaps that was the reason why USA administration ordered destocking from SPR).
Jabbarjaf
crude
The USA partners should also be truly partners with each other
the crude oil prices are insulated from events in the Middle East, and this is the aim of the new USA policy in the area. and they are succeeding
Jabbarjaf
crude
Dollar is The New Gold
The waiting is over to choose between the two, The Devil above and The Deep Blue Sea below. If Rate of Inflation and the Unemployment figures are the criteria .then:
Jabbarjaf
crude
Crude oil avalanche is imminente
Can anyone ameliorate the Crude Oil Market , The $30 per Barrel is imminent ,and the market is now at the mercy of how
Jabbarjaf
crude
Hydra is leaving
Today ,the hydra, the God of War, caused enough confusion has left with a safe passage in the mist and the dust created during the mass exodus of migrants from Syria and Iraq towards Europe.The cleaning up operation has been assigned to Russia.!
Jabbarjaf
crude
Structural Changes in the Oil market
A false signal to the futures market from Cushing coincided with a false alarm by releasing SPRs in March 2014 caused the collapse of the oil price in 2014.
Jabbarjaf
crude
“Waiting For Goddot”
What if opec Walks out without any decision?
Jabbarjaf
crude
De facto Fracking Moratorium: Drill but do not Frack
On 4th N0v 20014, in Denton,Texas, the birthplace of fracking, the people voted to ban fracking,but the ban is not constitution . OPEC, by its action imposed Fracking Moratorium in USA without suprem court
Jabbarjaf
crude
What if Oil prices goes below $60 for a period?
It is like asking 'what if cat laid eggs, then it would be a Hen '.
Jabbarjaf
crude
All is quiet on the Eastern Front
The sudden increase in Shale gas and oil production, spells disaster for the global oil prices. But why is it all so quite on the Middle Eastern front?- read more
Jabbarjaf
crude
Golden Constant
It does not matter were you stand on the question of gold... Whether you think that gold has become just another currency ,lost its glitters,and is traded like any commodity or "gold is gold and the rest are credits .The inescapable conclusion is , "Oil Prices are still on the gold standard - read more
Jabbarjaf
crude
Searching for a Benchmark is like Searching For a Dead Man
The days for spot market prices are numbered or may have already ended , Benchmarking is slowly replaced by trading directly on the futures,because , the Crude that are qualified to benchmarks are losing their qualifications... and basketing can not same it... read more
Jabbarjaf
crude
The Historical Handshake
There is a major shift in USA policy. "It is absolutely true that in the 21st century, American isolation is not an option," Obama said. Instead America's strategy should shift to partnering with countries where “terrorist” networks seek a foothold. ” Obama said. “the USA partners should also be truly partners with each other”. The same cruel message is passed on to the Iraqi politicians who are. read more
Jabbarjaf
crude
Non-Conventional Fossil Fuels
The main difference between “conventional” and “Non-conventional” oil and gas are, the method and the cost associated with extracting this fuel resource , and their geologic location and accessibility. - read more
Jabbarjaf
crude
A False Signal from SPR , a False Alarm from Cushing
A false Signal from SPR(strategic Petroleum Reserve ) and a False information from Cushing caused the price collapse in 2014 read more
Jabbarjaf
crude
Drums of War
Henry Kissinger: “If You Can’t Hear the Drums of War You Must Be Deaf” - read more
Jabbarjaf
crude
A Hydra Is Haunting MiddleEast
It is ironical that the prices of crude Oil on the international market are reacting downwardly during ISIL operations in the Middle East; in fact it is falling fast . Few years earlier a threat of such a scale would have called for at least SPR withdrawal and sent the crude oil prices through the roof. Is there any reason why the crude oil market is motionless towards the Hydra?- read more
Jabbarjaf
crude
Analyze a stock before taking position
if you are looking continuously at the open-close--high-week-month-52 weeks statistics ..W pattern or M pattern or doji, ..Bollinger Bands,Volume..MACD .these indicators are necessary , but is not sufficient,learn to read our chart to be able to identify technical signals. - read more
Jabbarjaf
crude
Internet Café Traders Versus HFT of NYMEX
This shows how the two major Chinese exchanges reached 10.2 trillion Market Cap within less than a year and the SSE Composite index exceeded Nasdaq futures index, and collapsed losing 1/4 of its value within weeks ( enlarge the weekly graph). Actually,the boom started few months ago, after the so called Hong Kong_Shanghai connect , and suddenly , over the counter trading bubbled.
Jabbarjaf
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