1. IFC Markets

    Technical Analysis OIL : 2019-04-29

    US President Appeals to OPEC Oil quotations fell by about 3-4% after US President Donald Trump called on OPEC to increase production. Will the correction of WTI quotations continue ? From its last low on December, it was up 56%. The local maximum was set on Tuesday, April 23rd. The main reason...
  2. IFC Markets

    Technical Analysis &GAS/OIL : 2019-03-04

    A slowdown in global economy may reduce the demand for oil In this review, we suggest considering the personal composite instrument (PCI) &GAS/OIL. It reflects the price change dynamics of US natural gas against the American West Texas Intermediate (WTI) light crude oil. Will GAS/OIL prices...