{"id":59769,"date":"2014-09-03T09:42:45","date_gmt":"2014-09-03T13:42:45","guid":{"rendered":"http:\/\/countingpips.com\/?p=59769"},"modified":"2014-09-03T09:42:45","modified_gmt":"2014-09-03T13:42:45","slug":"crude-climbs-as-ukraine-russia-agree-ceasefire","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/crude-climbs-as-ukraine-russia-agree-ceasefire\/","title":{"rendered":"Crude Climbs as Ukraine \u2013Russia Agree Ceasefire"},"content":{"rendered":"
September 3, 2014<\/div>
\r\n<\/div><\/div>

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Crude oil prices was seen rising on Wednesday, bouncing back from its lowest in seven months, while investors focus on the new developments in Ukraine as the country steps towards a cease-fire deal with Russia, which could also revive trade with the country.<\/p>\n

Futures for the North American West Texas Intermediate (WTI) crude for October delivery advanced 0.925 to trade at $93.73 a barrel on the New York Mercantile Exchange the time of writing. The contract slid $3.08 to $92.88 on Tuesday, the lowest close since January 14.<\/span><\/p>\n

The European benchmark Brent crude for October settlement traded 0.975 to $101.43 on London\u2019s ICE Futures Europe exchange.<\/p>\n

US supply Report<\/span><\/h2>\n

Investors are expecting US oil supply reports after the reports were delayed due to the Labour Day holiday, with a report from the American Petroleum Institute due later in the day and a separate report from the energy Information Administration due on Thursday.<\/p>\n

The markets are expecting to see a fall in crude supply by 1 million barrels to 359.5 million in the last week, indicating slower crude demand.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

Ukraine<\/span><\/h2>\n

The conflict between Ukraine and Russia was seen easing after news came on Wednesday that the Russian President Vladimir Putin and his Ukrainian counterpart Petro Poroshenko agreed on a permanent ceasefire in the eastern region of Ukraine, according to Putin\u2019s press spokesman Dmitry Peskov.<\/p>\n

In Iraq, US President Barack Obama ordered an increase in troops in Baghdad to protect the US Embassy, while Obama is expected to consulate with the NATO allies this week on increased actions against Islamic State forces.<\/p>\n

In Libya, the Notional Oil Corp said the oil output from Libya jumped to 710 barrels despite the continues turmoil.<\/p>\n

 <\/p>\n

Visit<\/i><\/strong>\u00a0<\/i><\/b>www.hymarkets.com \u00a0<\/a>\u00a0to find out more about our products\u00a0<\/i><\/b>and start trading today with only $50 using the latest trading technology today.<\/i><\/strong><\/p>\n

 <\/p>\n

The post Crude Climbs as Ukraine \u2013Russia Agree Ceasefire<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Crude oil prices was seen rising on Wednesday, bouncing back from its lowest in seven months, while investors focus on the new developments in Ukraine as the country steps towards a cease-fire deal with Russia, which could also revive trade with the country. Futures for the North American West Texas […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-59769","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=59769"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59769\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=59769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=59769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=59769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}