top of page
Search

IEA Downgrades 2024 Crude Demand Outlook

Speciale Analysis

Hey Trader,


IEA Downgrades 2024 Crude Demand Outlook


The energy market is a labyrinth of opportunities and pitfalls, especially for retail traders looking to make the most of global developments.


With crude prices trending narrowly between $82 and $84 per barrel throughout May, the market is poised for potential breakout movements.


Despite an improving macroeconomic outlook, Brent futures remain rangebound.


However, a slight drop in US oil inventory and a slowdown in US inflation to a monthly rate of 0.3% could support an imminent breakout.


Understanding these nuances and how they impact your trading strategy is crucial.


In our upcoming training webinar, we will delve deep into these dynamics and show you how to navigate the energy market like a pro.


The recent moves by major players and geopolitical events underscore the importance of staying informed and agile.


ADNOC, the UAE's national oil company, is eyeing expansion into the US market by setting up a trading desk while exploring larger LNG opportunities.



Meanwhile, Colombia's state-controlled oil firm Ecopetrol has shut down its Transandino oil pipeline due to rampant theft, impacting supply chains and creating trading opportunities.


Chevron’s decision to exit the UK North Sea marks a significant shift, potentially impacting local supply dynamics and presenting new trading angles.


Similarly, the ousting of Petrobras CEO in Brazil and the installation of a new head expected to cut dividends and push for lower fuel prices can lead to fluctuations in the market, providing ripe opportunities for traders who are prepared.


On a broader scale, the International Energy Agency's downgrade of the 2024 crude oil demand forecast by 140,000 barrels per day highlights a critical shift.


This contrasts sharply with OPEC's forecast, emphasizing the need for traders to stay abreast of such updates.


Coupled with geopolitical tensions like Poland's probe into $400 million in missing payments for Venezuelan crude, and Russia’s imminent deal with China on the Power of Siberia-2 gas pipeline, the energy market is brimming with actionable information.



Weather events also play a significant role in market movements.


Recent rains alleviating wildfire fears in Alberta’s oil sands region, home to around 1 million barrels per day of production, reduce the risk of shutdowns and provide stability that traders need to factor into their strategies.


Even within the metals market, shifts are noteworthy.


Trafigura’s warning of an ‘overdone’ aluminum rally indicates potential price declines, while ExxonMobil’s new oil discovery in Angola’s Block 15 suggests fresh supply entering the market, affecting global oil prices.


To navigate these complexities and turn market data into profitable trades, join our exclusive trading webinar. Here, you will:


  • Gain in-depth analysis of current energy market trends and how they impact trading opportunities.


  • Discover actionable strategies to capitalize on market movements, from oil price shifts to geopolitical events.


  • Learn advanced risk management techniques to safeguard your investments amid volatility.


  • Receive expert insights from seasoned traders and industry professionals who understand the intricacies of the energy market.


Imagine having the knowledge and tools to anticipate market movements and execute trades that maximize your profits. This webinar is your gateway to mastering the energy market and achieving your trading goals.


Don’t miss out on this opportunity to elevate your trading skills. Register for our exclusive webinar now and unlock the potential of the energy market!


Secure your spot today and transform your trading strategy with insights that separate successful traders from the rest.



Take control of your trading future and join us for this essential training session.


Happy Trading,

Anthony Speciale

Speciale Analysis


P.S. This is a rare chance to gain insider knowledge and professional guidance on navigating the energy market. Register now and don’t let this opportunity slip away. Register Here

 
 
 

Commentaires

Les commentaires ont été désactivés.

Copyright © All Rights Reserved

​

The Speciale Foundation Corp.     -     ASJR Enterprises, LLC     -     Speciale Analysis     -     Speciale Venture Capital LLC     -     A&T Auto Repair, Inc.

​

By engaging in this site, emails, videos, social, purchasing or subscribing to products or services you are acknowledging complete disclaimer!

Complete Legal Disclaimer, Terms Of Use, Conditions and Privacy Policy Can Be See @ www.anthonyspeciale.com/disclaimer

​

By submitting this form or any form and/or contacting us in any manner, you Agree with and Understand all Disclaimers within complete site:

 

U.S. Government Required Disclaimer Stock, Futures, Forex & Options trading has large potential rewards, but also large potential risk and it is not appropriate for everyone. You must be aware of the risks and be willing to accept them in order to speculate in the Stocks, Futures, Forex, and Options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell any securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

 

CFTC RULE 4.41 Hypothetical or simulated performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

​

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

​

Cryptocurrency Trading Cryptocurrencies on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before getting involved in Cryptocurrency trading you should carefully consider your personal venture objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial deposit and therefore you should not place funds that you cannot afford to lose. You should be aware of all the risks associated with Cryptocurrency trading, and seek advice from an independent financial advisor if you have any doubts. The information contained on this web page does not constitute financial advice or a solicitation to buy or sell any Cryptocurrency contract or securities of any type. Dyno Trading will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

​

You should fully understand the risks associated with trading futures, options, ETF’s and retail off-exchange foreign currency transactions (“Forex”) before making any trades. Trading futures, options, ETF’s and Forex involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. Past performance is not necessarily indicative of future results.  NO FINANCIAL, INVESTING OR TRADING ADVICE OFFERED.

​

Hypothetical Results Hypothetical or simulated performance results have certain inherent limitations - unless noted otherwise that an image or any material discloses live money was used, results displayed or openly discussed are to be assumed simulated for educational purposes only. No live money brokerage accounts will be traded or displayed by request or otherwise.  Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

​

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

​

THERE IS RISK OF LOSS IN ALL TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ALL RESULTS ARE HYPOTHETICAL. NO IMPLICATION IS BEING MADE THAT ANYONE UTILIZING ANY OF THE SERVICES OF DYNO TRADING HAS OR CAN OBTAIN SUCH PROFITS AND RESULTS. THIS INFORMATION IS NOT A RECOMMENDATION TO BUY OR SELL AT THIS TIME, BUT MERELY A PRESENTATION OF TRADING STRATEGIES. THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES BELIEVED RELIABLE, BUT IS NOT GUARANTEED AS TO THE ACCURACY OR COMPLETENESS. WE ARE SOFTWARE MARKETERS AND EDUCATORS ONLY. UNDERSTAND THAT TRADING OF ANY KIND IF RISKY AND YOU NEED TO CHECK WITH YOUR FINANCIAL ADVISOR TO DETERMINE IF TRADING IS FOR YOU.

​

UNDER NO CIRCUMSTANCES WILL THE COMPANY BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES WITH RESPECT TO THE SUBJECT MATTER OF THE AGREEMENT, LOSS OF DATA OR LOST PROFITS, REGARDLESS OF WHETHER OR NOT SUCH DAMAGES COULD HAVE BEEN FORESEEN OR PREVENTED.

​

Educational Purposes. All software materials and presentation materials are for educational purposes only. The information contained on this website or in any product or service that Speciale Analysis provides does not constitute financial advice or a solicitation to buy or sell any securities of any type. Speciale Analysis will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All Product Demos are distributed to potential customers via Video Screencast demonstrating the Software features.

​

You should fully understand the risks associated with trading futures, options, ETF’s and retail off-exchange foreign currency transactions (“Forex”) before making any trades. Trading futures, options, ETF’s and Forex involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. Past performance is not necessarily indicative of future results.  NO FINANCIAL, INVESTING OR TRADING ADVICE OFFERED.

​

Copyright Notice: Images Unless Noted Otherwise Have Been Sourced From GOOGLE IMAGES, FOREX FACTORY, TRADING VIEW, OIL PRICE or have received written or verbal consent for use - this applies to all pages of this website, emails, marketing materials and/or social media posts.  

​

By submitting your information you are opting in to receive email promotions and text messages from us and you agree and acknowledge that you have read and agree to the terms of using this website, receipt of email offers, registration reminders and other communications mentioned here

​

​Clients are required to self-manage their reoccurring PayPal subscriptions - Speciale Analysis will not be held liable for any aspects of this task.

ALL SALES ARE FINAL - NO REFUNDS - NO PRORATES - NO EXCHANGES - NO CREDITS - NO EXCEPTIONS - NO EXCUSES - NO GUARANTEES - ENGAGE AT YOUR OWN RISK

bottom of page