Posts by author
Hamed Norouzi
Higher oil prices not out of mind
The oil market fundamentals have been mixed with political risks in the Middle East and US-Russia tensions so far. Although these tensions have eased in last few days, but analysts…
Will the crude oil continue last week’s bounce back?
Crude oil futures closed higher last week, settling at $63.54, up almost $2.00, equivalent to 3.25% increase in prices compared to the week before. Early in the week, the market…
Consistent rise still expected in oil
Crude oil prices have been hovering in a tight range bound during the last few days due to a relative balance of bearish and bullish factors. Although the current consolidation…
Still More to Expect From the Red Metal
Copper hit a multi-year high on Thursday, reaching $7,260, levels not seen since early 2014. Although it stepped back a bit from its fresh high on Friday’s session, but overall,…
More Rise to Expect from TEDPIX
Tehran Stock Exchange Dividend & Price Index(TEDPIX) soared 170 points, to high of 91,106 x on Tuesday, December 5, 2017 closing the day pretty close to all time high of…
Has the crude oil finished its rally?
The crude oil has gained almost 30 percent over the last four months. Much of this gain is due to renewal of the OPEC members’ deal on production cut which…
Copper; Levels to watch
The price of copper has soared to its highest level since mid-2015 on strong economic data released from China – the world’s largest red metal importer – along with reports that…
Eagerness for further rise in Crude Oil
Crude oil price settled lower on Tuesday September 19th, as US stockpile data showed the third consecutive rise in last month. On the New York Mercantile Exchange crude futures for November delivery…
Confirmed- TEDPIX’s bullish triangle has been broken
TEDPIX, the gauge for Tehran Stock Market has gained positive momentum during last week by coming out of the tight range which had been fluctuating in so far, breaking very…
Is the Crude Oil preparing for another upward move?
Oil prices declined on Wednesday, July 18th 2017, after that the data from U.S. inventories showed an increase of 1.6 million barrels in the week to July 14 to 497.2…
