Profit Prophecy Review

Profit Prophecy Review A few years ago in a previous article touched on the reasons and justifications provided through various media as the main reason for the fluctuation of oil prices as it represents the psychological factor for investors next to the multiplicity of possibilities and risks the most important factors that benefit speculators and help in influencing the course of spot prices up or down on both, and that the implementation of buying dips or selling rallies.

Some sources counted number of reasons during the period between mid-2007 and until the end of 2008 and found that there are more than 170 different grounds provided an excuse or justification for the high or low spot prices during the trading oil markets, which operate 253 days a year ago, an average of 21 days per month, note that many of the reasons or justifications may be repeated several times at a rate of two to four almost Profit Prophecy Review daily.

Including but not limited to an increase or decrease in crude inventories American (Crude stocks), high or low dollar, weather, Close excellent choices of oil as a result of exposure to technical problems, sabotage or as a result of exposure to natural factors such as hurricanes, the increasing growth of oil consumption in China and India, the lack of additional capacity (spare capacity) of oil next to the Kingdom, the limited production of excellent choices of oil, security and political conditions in or near the oil-producing regions, acts of sabotage of oil pipelines in Nigeria and Iraq, the kidnapping of workers in the oil industry.

These and other reasons, one of the most important justification for low or high prices, in addition to economic indicators and monetary exchange and interest as prices, inflation, unemployment and other other indicators that give indications on the state of the economy and direction.

It comes in first place as the main reason for the fluctuation of oil prices, "oil inventory data, crude Crude stocks", which is published weekly, which is one of the most important factors affecting the basic fluctuating oil prices, especially in the past few years whether to drop or rise, on the other hand also longer oil stocks scale balance between production and demand because they reflect market pressures on crude oil prices, and this Profit Prophecy therefore provides a good measure to change the price.

For example, excess inventory leads to lower prices because it is an indicator of the slow economic growth, American, and thus reduced demand for consumption and energy in the future, on the other hand low US inventories of crude oil means increased demand and thus lead to higher prices because of fears of a lack of inventory, especially in winter (heating oil) and summer (for motor fuels), so we see that in both cases _soa increase or decrease in Press For Profit there fluctuation of prices either rise or fall because of the psychological impact on investors.

And is heading the charge in a matter of lowering or raising prices always to speculators in the commodities market may accusation is true to an end what better Aldharov regular but lost in the Aldharov unusual and which threaten the security of the United States then it is quite different from the most important events that have occurred and which has been proven through which prices oil is not subject to factor market _oho supply what happened during the events of September atheist from 2001; where prices were at the beginning of the month of September 2001 AD, and even on Monday, September 10 _oa one day before the attacks on the World Trade Center prices were ranging between 26 to 27 dollars per barrel, at a rate of up to 27.50 dollars a barrel on Tuesday, September 11, occurrence prices were up 27.65 per barrel, and the next day of the attacks prices were at 27.64, on Thursday rose prices rose slightly at 28.58 a barrel, until it reached on Friday to 29.59.

So if we take the average price of trading since the beginning of the attacks and until the end of the second week of the attack on September 21, 2001, we see that there is no difference at all in almost average prices for 9 days after the attacks, where prices reached 27.65 vary slightly from the average price of pre-attacks at 26.50 dollars a barrel, but the prices have continued to decline from day 24 until the end of the trading month of September 2001 AD, and prices ranged between 21 and 23 dollars at the rate reached 22.3 dollars per barrel.

Another example also during the second Gulf War and the occupation of Kuwait and the burning of oil wells by Iraqi forces in August 2, 1990 AD and until the liberation of Kuwait in February 28, 1991 AD, an event threatens to stop more than 50% of the world reserves of crude oil Vantage Iraq and Iran limited or stalled because of the Gulf War first oil wells in Kuwait burned Saudi oil is threatened by the forces of the Iraqi regime all this threats and risks have increased the proportion equivalent to 28% almost all prices before the crisis only, where prices were at the invasion of 23.71 dollars per barrel by the end of the war officially on 28 February 1991 prices were at 19.28 dollars a barrel, a record high during the crisis when the price of 41.7 dollars per barrel on October 11 of 1990, and the lowest price on 22 February 1991 at 19.43 dollars a barrel, an average of up to 30, 50 dollars a barrel, during the period of 7 months of the crisis, an increase equivalent to almost 28% on the prices of the pre-crisis (23.71 dollars per barrel).

This leads us to that seen in the area at the moment; Despite the security and political situation extremely dangerous in or near the oil-producing regions such as Libya, Iraq Gulf States from Press For Profitcountries, who lives a period of civil wars, as in Syria and Yemen, however, average prices remained intact , and the proportion of the oscillation is very limited; During the three and a half years, and particularly since the beginning of the year 2011 and until mid-2014 arrived rate prices to 97 Dollar close to the average current price of $ 93 for a minimum of $ 84 a barrel in the first week of 2011, and a maximum 110 dollars a barrel on August 28, 2013 AD.

On this basis, I say that the oil markets and speculators need always to the reasons and justifications, such as the kidnapping of workers in the refinery or disable the line transmits a hundred thousand barrels of crude oil in Nigeria, for example, which leads to high volatility of prices and profits high, but in the event of crises dangerous such as the events present in the region or the Gulf War and the events of September 11 ratio of price volatility remains at a very limited scale compared to the risks that have occurred, and therefore, this confirms that, according to many analysts always that all commodity prices, including oil, are subject to control and not subject entirely to the freedom of the market through the futures market derivatives, which directly affect the course of spot prices.


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