following brent oil news

Discussion in 'Commodity Futures' started by afromonk, Sep 13, 2012.

  1. afromonk


    im new to trading so sorry if these questions are a bit stupid. i want to start of by trading oil futures (wti or brent). can anyone suggest me what types of news i should be following? i know i should keep a look out for usd values since its bought in dollars. im trying to follow the new wit iran but i dont know what else effects oil prices in a major way. any suggestions or tips would be appreciated.
  2. 2rosy


    you probably get whipsawed before the news played out but here ...

    - platts
    - try to connect with physical commodity traders
    Adam777 likes this.
  3. rwk


    The weekly oil report that comes out Wednesday at 10:30am (Eastern) often moves prices.
  4. Take a look at today's chart, a sobering reminder of how quickly this puppy can move.