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Mixed oil - ANZ

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Analysts at ANZ noted the mixed conditions in oil overnight.

    Key Quotes:

    "Crude oil prices were mixed. WTI prices have outperformed Brent and also traded at a premium for a brief period of time.

    There is renewed speculation that the lifting of a US export ban may help ease the US oversupply issues. On the flip side, US crude inventories continue to head north. A Bloomberg survey suggests US crude stockpiles probably rose by 1m bbl last week."
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