16 November 2018
On November 14th oil quotes fell to the level of $65 per barrel and gas CFDs, on the contrary, grew.
Oil quotes collapse was caused by failure in the stock work of Fenix managed by well-known American investment fund. Now oil returns to the initial levels and we are observing oil growth and gas decline.
Oil Brent may in short-term grow to the level of $69/barrel – that's where Fenix failure happened. It's time to open trades!
Besides, FreshForex offers 6 new stocks of oil companies for trading. Let's talk a little about each of them:
#Total – French oil and gas company, world's forth company in terms of oil output volume. The company has been operating in 130 countries.
#BP (British Petroleum) – British oil and gas company, world's second company in terms of oil output volume. It was founded in 1909, now owns oil refining and petrochemical capacities and и petrol station network in 110 countries.
#Novatek – Russian gas company founded in 1994. That's third world's company in terms of proved natural gas resources and eighth in terms of gas output.
#Chesapeake (Chesapeake Energy) – American oil and gas company founded in 1989. Texas first company in terms of shale production.
#Continenta (Continental Resources) – American oil and gas company founded in 1988. The company belongs to the USA top three largest shale oil and natural gas producers.
#HessCorp (Hess Corp) – American oil and gas company founded in 1919. The company belongs to the USA top three largest shale oil and natural gas producers.
For detailed information about each of the assets check out FreshForex CFD Specification or FreshForex trading platform.
Within 2 weeks of November profit of #GAS, #BRENT and #WTI might have been from $23 347 to $32 108 per trade, here's profit of oil companies' stock CFDs:
If you have any questions, don't hesitate to contact us:
Good luck in trading!
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