With the being at the highest level for the last thirty years on a seasonal basis, oil is losing value after increasing the number of active oil wells by the U.S. corporations. Oil futures contracts in New York fell 0.7% today after losing value of 0.2% at the closing period of last week. According to the limiting oil production speculations on the market at the last times with Petroleum Exporting Countries (OPEC) decision, fluttered around the 50 USD level for per barrel.  OPEC will create a committee about solving the problems about the oil production limiting issue, Libyan production cutbacks are also exempted from the decision.

Comment Send

• 

  Deutsche Bank is talking about the capital increase

• 

  The expectation of interest increase by Fed is getting stronger

• 

  USD/TRY tried the record level yesterday

• 

  Developing Country Assets are losing value after FED, China and Oil Developments

• 

  Developing Country Markets are following the developments of China

• 

  Chinese Yuan Experienced a Record Loss in the last six years

• 

  The PMI Data shows a recovery in purchasing side of the USA

• 

  Thailand stock market is leading to strong decreases on Asian Market

• 

  Emerging markets are experiencing the biggest decrease of three weeks

• 

  Fed's politics interest decision gives direction to the global markets