7 Jan, 2022
Category: Energy
Tags: Crude Oil,Open Interest,Divergence
The price and volume of crude oil is not showing the same signal recently
The oil prices had slowly climbed back to USD 80 per barrel recently. However, when we take a look at the open interest of crude oil futures, we found out that the open interest is declining steadily.
A declining open interest means funds are flowing out from this market instead of flowing in.
Divergence had occurred between the price and volume. Trade at your own risk.
2022-03-16 |
Energy |
Tags: Portfolio
Soaring natural gas prices are making many energy intensive industries unprofitable
2022-02-16 |
Energy |
Tags: Oil & Gas
Aside from the geopolitical tension that could disrupt the world energy supply and also the massive money printed over the last few years, the potential supply of oil is limited in the near future too.
2022-02-09 |
Energy |
Tags: Electricity Grid
In short, rising interest rates and the need to pump in more money for this company may be the reason behind this disposal.