10-15May Auction
via The Daily
Narrow Balance near Key Structural Resistance as response to Cluster, 62.50s-57.50s, within larger developing Balance, 43s-63s, remains of focus.
17-22May Auction
via The Daily
Central Banks
-
Fed's Plan To Intervene In US Debt Default. (Reuters)
- China Backed AIIB Members Meet. (Reuters)
Geopolitics
- Saudi Arabia Expands Chinese Oil Market Share Amidst Record Demand. (Bloomberg)
- Why This Ukrainian Revolution May Be Doomed. (Reuters)
- Saudi Arabia's Oil Agenda. (Katusa Research)
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| Source: EIA (May 2015) |
Supply/Demand & Markets
- EIA: -2.7mil v -1mil exp. (Econoday)
- Millions Of Barrels To Leave Oil Market. (Bloomberg)
-
Falling Oil Investment Will Hit US Economy. (John Kemp via Reuters)