Tag: Price of petroleum
Strategies For Investment In Oil Futures
Movements in oil prices are very volatile. This will not change in the near future either as political and economic worries continue across the globe. Factors such as pipeline or supply disruption, conflict and war are just a few of the reasons why prices can fluctuate widely. If you are trading oil futures it is…
Canadian Dollar is a Commodity Currency Profitable for Forex
To start with, Canada is considered one of the ten largest crude oil exporters in the world, and this makes its currency, Canadian dollar, very lucrative for Forex traders who like to speculate on the oil prices. This speculation appears to be very profitable, since the loonie (as the Canadian dollar is often called) is…