| Videos | Channels | Search |
Hansen: Oil finds some energy while gold hopes to keep its shine
The energy sector enjoyed its first positive week in a month despite gasoline hitting a 17-year low, says Saxo's Ole Hansen. Negative signals from the Saudi Oil Minister haven't hurt oil markets as much as expected, he explains. That's in part thanks to the fall in US production and the heightened risk of bankruptcies. Hansen discusses key resistance levels in both brent and WTI that could be tested in the coming days.
03:35 minutes
Tags: brent, brent crude, brent geo-political, brent price, brent spread, brent wti spread, commodities, commodities markets, commodities prices, commodities supply, commodities trading, commodity, commodity index, commodity investing, commodity investments, commodity market, commodity markets, commodity outlook, commodity prices, commodity strategy, commodity trade, commodity trading, commoditymarket, crude, crude oil, crude oil price, crude oil prices, crude price, crude prices, crude spread, crudeoil, gold, gold buy, gold commodity, gold demand, gold dollar, gold investing, gold investment, gold levels, gold price, gold spot, gold trade, gold trading, goldprice, grain, grains, oil, oil and gas, oil commodities, oil company, oil demand, oil industry, oil inventories, oil market, oil markets, oil news, oil price, oil prices, oil production, oil range, oil spread, oil stocks, oil supplies, oil supply, oil trading, oilsupply, saxo, saxo bank, saxo tv, saxotv, trading, tradingfloor, tradingfloor.com, tradingfloor.com saxo tv, wheat, wheat price, wheat prices, wheat production, wti, wti and oil, wti brent, wti brent spread, wti crude, wti crude oil, wti price, wti supply, wti vs brent, wticrude