Benchmark

Facts about Crude Oil that Every Trader Should Know

Do you want to learn about oil trading before venturing into this sector? Here are fascinating facts to know about crude oil trading. 

While most traders are likely aware of the fundamentals of crude oil, you can learn a lot more about this in-demand good, including how its history, widespread application, and distinctive value can affect oil trading choices.

ATHEX: Index at level unseen since last February

The Greek bourse benchmark climbed on Friday to highs unseen since late February after its 11th consecutive day of gains, which were quite handsome too, on the day the third-quarter growth data were issued. Likewise, the Greek benchmark 10-year bond yield reached a new low on Friday, at 0.626 percentage points.

Oil prices up with hopes of deeper OPEC production cuts

Crude oil prices were up on Feb. 5 as the global oil market and investors hope that the Organization of Petroleum Exporting Countries (OPEC) would make deeper cuts in crude production to support low prices.

The international benchmark Brent crude was trading at $54.20 per barrel at 0723 GMT for a 0.7 percent increase after closing on Feb. 4 at $53.81 a barrel.

Oil prices down with lost gains after Trump's comments

Crude oil prices were down on Jan. 8 having lost gains recorded in the previous sessions after U.S. President Donald Trump's comments to calm tensions in the Middle East.

"Iran appears to be standing down, which is a good thing for all parties concerned," Trump said on Jan. 8 amid Iran's attack on two locations in Iraq earlier in the day.

Oil prices up 2 pct as Middle East tensions escalate

Crude oil prices were up around 2 percent at trading start on Jan. 6 with escalated tensions in the Middle East risking secure crude oil supply from the region.

International benchmark Brent crude was trading at $70.17 per barrel at 0630 GMT for a 2.3 percent jump after it closed on Jan. 3 at $68.60 a barrel with a 3.55 percent increase in intraday trading.

Oil prices up 3 pct with tensions in Middle East

Crude oil prices were up by around 3 percent during Jan. 3's trading start as rising tensions in the Middle East threaten secure crude supply from the region.

International benchmark Brent crude was trading at $68.18 per barrel at 0615 GMT with a 2.83 percent increase after closing on Jan. 2 at $66.30 a barrel.

Without requirements or candidate profile, assessment for prosecutor general position at minister's own hands ((Horodniceanu)

Daniel Horodniceanu, former chief prosecutor of the Directorate for Investigating Organized Crime and Terrorism (DIICOT), argues that the selection procedure of the prosecutor general initiated by the Ministry of Justice did not indicate a candidate profile or the benchmarks that those interested had to meet and considers that "without specific requirements and without a candidate profile, any

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