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Signs of a recovery in Oil Market

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    A very quick flash blog today, there is little company news but some interesting things going on in the oil market. One swallow does not a summer make but I am beginning to sense a more positive mood in the oil market although make no mistake in the short term fundamentals remain poor. Yesterday saw the EIA STEO which seemed to me to be moving into more positive territory, maybe even looking a bit more like the IEA outlook from last week which showed quite a large fall in non-Opec supply,

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