crude oil

#5
I usually check investing.com, economies.com, bloomberg etc for reading news and concluding their outcomes. So far I make some good amounts from crude oil and gold even they are bearish by selling them short in the market.
 

stoch

Active Member
#6
how can know update news and trend information for crude and ng trading
Read bloomberg and investing, reuters. These three are best resources to find up-to-date information and Oil market news. Especially if you're news trader they should be a great pick for you.
 

stoch

Active Member
#9
how can know update news and trend information for crude and ng trading
Market-moving data, as for any other commodity, can be split in two types:

Gives insight about demand (GDP and business activity data of biggest consumers like China, Japan, South Korea, etc.).

Gives insight about supply outlook (crude inventories in the US - API and EIA data, Baker Hughes rig count, etc.)

Some of them which have weekly releases, like EIA data, can be used as news catalyst for regular news trading strategy (straddle, etc.). This is one of many trading approaches I use trading with Hotforex.
 

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