We have seen oil prices pressured p

We have seen oil prices pressured past week on growing U.S. crude stockpile and stronger U.S. dollar following strong jobs data reported. Brent crude prices are now revisiting the August lows at mid-$45 range on continued signs of ample supply after data from American Petroleum Institute (API) shown 6.3million barrels jump in U.S. crude inventories and shipping data pointed to nearly 20 mil bbls of Iraqi oil scheduled to sail to the U.S. in November – a 40 pct increase from October.

Technically, Brent prices are now close to finding support level of $45.20. December contract is expiring tomorrow with January contract trading slightly higher. We are awaiting EIA report to be released tonight, where consensus forecast for crude stocks to be lower that API data.

We are very close to low point now and seen more hedging activities going through. It is definitely a good opportunity and timing to explore. Wondering how are the discussions for hedging within Vietjet Air now and if there has been any direction set recently? We would be happy to provide Fixed Forward Price indications at your request.

Kết quả (Anh) 2:

We've seen oil prices pressured past week on Growing US Crude stockpile and stronger US dollar sau strong jobs data Reported. Brent Crude prices are now revisiting the August lows at mid- $ 45 range on continued signs of ample supply data from the American Petroleum Institute after (API) Shown 6.3million barrels in US Crude inventories jump and shipping data pointed to Nearly 20 mil bbls of Iraqi oil scheduled to sail to the US print November - a 40 pct from October tăng. Technically, Brent prices are now close to finding support level of $ 45.20. December contract is expiring tomorrow with January contract trading slightly Higher. We are awaiting the EIA report to be released tonight, where the consensus forecast for stocks to be lower mà Crude API data. We are now very close to the low point seen more and hedging Activities going through. It is definitely a good opportunity to explore and timing. Wondering how are the discussions for hedging trong now and if there Vietjet Air Đã set mới any direction? We would be happy to cung Fixed Price Forward indications at your request.