Weekly Oil Report: Over Supply Possibility
3rd week of February was bullish for oil and stocks. As Infinity Galaxy reported oil could get to $65. Considering the financial reports, it was not surprising that oil did not stay all high and selling pressure took over the market. Core Retail Sales of USA appeared better than the forecasts which indicate an improving […]
Weekly Oil Report : A Week For Oil And Stocks
The second week of February was a calm and generous week for industries and oil. The market acted reasonably and played hopefully for a better future. Vaccines efficiency was approved with more certainty, in addition to the program of the pharmaceuticals to increase the doses. A wider and faster vaccine distribution leads to more immunity […]
Weekly Oil Report: Sharp Oil Growth
[vc_row][vc_column][vc_column_text]Reports on vaccinations efficacy invoked the sentiments in the way of better Pandemic management. Pfizer and BioNTech declared 91% efficiency in shots. Several other vaccine makers also released successful results and announced programs of distributing more doses of vaccines to the countries. Last week, at the end of January, Infinity Galaxy reported soaring of negative […]
Weekly Oil Report: The World In Hesitation
Pharmaceutical giants and vaccine makers announced hopefully about their jabs last week. Novavax, an American vaccine maker, announced their shots were 89% effective in the UK. Although, the trials were 60% effective in Africa, where a highly contagious variant of the virus exists. Johnson & Johnson, the American pharmaceutical cooperation, also declared their new shots […]
Weekly Oil Report: Pfizer Come Into Play
After the last week anxiety about another global lockdown, Pfizer and Biontech declared their positive prospect toward the future. They believe their vaccine can adjust to the new variant of coronavirus and protect the receivers. The news made the market more confident, and it brought a better sentiment for stability. However, the United Kingdom is […]
Weekly Oil report: worldwide lockdown possibility
While the world was hoping for lockdowns to come to an end globally, new strains of the virus got stronger in the 2nd week of January. China, the origin of the first coronavirus in 2020, locked down two cities of Shijiazhuang and Xingtai. The lockdowns expanded to a couple of other districts in Beijing. The […]
Weekly Briefing: A Brighter Year For Oil
After the new year eve, markets pushed higher, and volatility seems to be lower. In lieu of the rising fear of new upcoming lockdowns and coronavirus strain, the market still expects brighter days. VIX dropped 25.40% in the first week of January, indicating more risk-tolerant traders. The stimulus package and released vaccines helped the […]
Oil market Review till first of January 2021
This article was prepared by Mahnaz GolMohammadian, the Office Manager of Infinity Galaxy. Despite the near-term bullish trend in the past few weeks and verified vaccines, the new variant of coronavirus in the UK brought a negative sentiment to the market again. As we know, the new strain is up to 70% more transmissible than […]
Infinity Galaxy analysis of the crude oil price on October 14th
Complicated Political circumstance in the Persian Gulf, rocket attack on Iranian oil tanker in the Red Sea, the launch of Turkish offensives against northern Syrian Kurds, the escape of the ISIS …
Infinity Galaxy analysis of the crude oil price on October 7th
