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date: 16 March 2021 Gold and oil price are extremely related. As a result, Petrobon price analysis team provide gold price analysis in order to get a clearer view of oil price The global ounce was able to move from 1,685$ to 1,725$ price last week after falling sharply due to rising US Federal Reserve […]
Category Archives: analysis
date: 15 March 2021 Crude oil prices in the United States remained relatively stable after seven consecutive weeks of weekly increases and then declined to 66 $ range then approached again to the range of 70 $, After the Approval of US aid economy, the expectation for a return to the economy has increased, which […]
date: 10 March 2021 After the significant growth of oil last week and the subsequent increase in the price of petrochemical products, the price of naphtha reached the resistance range of 600$. Naphtha has technically reached the resistance range and reacted negatively to it. If naphtha’s price falls, it could drop to 575 $, and […]
date: 7 March 2021 Gold and oil price are extremely related. As a result, Petrobon price analysis team provide gold price analysis in order to get a clearer view of oil price Global gold price was increased to 1740 $ last week, however under influence of increasing in US bond yields it has experienced 4 […]
date: 6 March 2021 Last week, Naphtha was able to break the resistance level of 530 $ powerfully. Due to rising oil prices and post-corona economic growth, expectations for demand toward this commodity have risen at an increasing rate as Naphtha is moving towards its historic high (577$) price. NAFTA seems to be technically able […]
date: 4 March 2021 Brent oil after being able to cross the important range of 61 $, on its path reached to 66 $ price. Due to the freezing of the Texas state and the reduction of production in this state, the amount of American production reached to its lowest level in 13 months. On […]
date: 03 March 2021 Global methanol was able to move up after reacting to the price of 310 $. Methanol fell several percent last week due to falling oil prices. And then at the beginning of the week, with the increase in demand in India and China, it reached the range of 340 $. In […]
date: 2 MARCH 2021 Gold and oil price are extremely related. As a result, Petrobon price analysis team provide gold price analysis in order to get a clearer view of oil price Global ounce experienced a sharp drop after the break of the important support of 1760$, reacted positively to the support range of 1710$ […]
date: 23 Febuary 2021 Brent oil was able to rise to 65 $ after breaking its negative trend. Due to the cold weather and storm in the Texas state, which is one of the oil producing states of US, by reason of the frost the production of Brent oil 4.5 million barrels per day and […]
date: 23 Febuary 2021 Global methanol, like Brent oil, has fallen to 310 $ after breaking the key level. Methanol could not reach above 350 $ last weeks because of oil prices reduction. However, due to increasing demand from India and China, methanol is expected to continue to grow at a declining trend. If it […]
