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A decent rally yesterday based mainly on supply disruptions

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 4, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    A decent rally yesterday based mainly on supply disruptions, a strike in Brazil has taken around 25% of its production off-stream whilst in Libya the terminal at Zueitina cut back production there. On the product front gasoline future closed up sharply in the US after a product pipeline in Texas was shut due to flooding. The API stats came in bang in line with expectations showing a build of 2.8m barrels.

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