Ölpreise stark gestiegen - Brent auf höchstem Stand seit knapp 4 Jahren (Seite 7) | Diskussion im Forum

[Hitman2]

Ölpreis

Ölpreise legen zu - Setzt Opec+ Abkommen mit Russland aus?
https://www.ariva.de/news/lpreise-legen-zu-setzt-opec-abkomm…

[pUM4]

Antwort auf Beitrag Nr.: 71.693.356 von snowball1234 am 01.06.22 08:30:45

bin auch noch unschlüssig ob ich den short wieder abgebe weil es aktuell zu unsicher ist

[snowball1234]

Eher nicht mutig 😅 keine Ahnung ob's jetzt wieder rauf geht oder weiter korregiert 🤷🏻 könnt mich grad für keines von beiden entscheiden

[Bippo_11]

Antwort auf Beitrag Nr.: 71.692.720 von snowball1234 am 01.06.22 06:55:04

Die Frage ist, wie mutig bist du heute :-)

[snowball1234]

Hätte ich dich gestern schon mutig sein sollen 🤷🏻 Glückwunsch an die shorties, mal schauen wie die Woche endet

[snowball1234]

Hatten wir die Wochen ja schon ein paar mal, ordentlicher Anstieg, dann kommen die positiven News und es rasselt runter 😅

[faultcode]

"China Reopening"

[faultcode]

Antwort auf Beitrag Nr.: 71.663.709 von faultcode am 27.05.22 00:29:16

...
Billions of dollars of physical deals are set against the daily benchmarks, which also act as a reference price for big amounts of derivatives. Yet they’re often based on a relatively small number of trades -- or none at all -- which can give large trading houses an incentive to manipulate physical markets to benefit their derivative positions.

Glencore admitted to conspiring to manipulate from 2011 to 2019 fuel benchmarks set by price-reporting agency S&P Global Platts, which allowed it to reduce costs and boost profits artificially.

“Glencore’s market-price manipulation threatened not just financial harm, but undermined participants’ faith in the commodities markets’ fair and efficient function that we all rely on,” US attorney Vanessa Roberts Avery said on Tuesday, when the settlements were announced.
...

The pricing sector has faced troubles before. In 2020, oil-trading giant Vitol Group agreed to settle allegations for attempted manipulation of two price benchmarks for physical fuel oil in 2014 and 2015.

The revelations about Glencore puts focus on that part of the industry again.

“The price that gets published can be then subject to many thousand multipliers all around the world, impacting contracts done elsewhere,” said Liz Bossley, CEO of Consilience Energy Advisory Group and who has authored a report to the G20 on PRAs. Those agencies are effectively “in an extremely powerful position. They’re filling a role that should be taken by a regulator and it suits the industry for them to be there,” she said.
...

Details in charges against Glencore indicate how much companies can stand to gain or lose by reporting false information to pricing agencies.

For example, in one 2012 case cited by the US Commodity Futures Trading Commission, Glencore’s long exposure to the average daily Platts US Gulf Coast high sulfur fuel oil benchmark for November amounted to in excess of 8.8 million barrels. That’s enough to fill more than four supertankers.

Traders typically also hold short positions as a hedge, and the documents don’t specify what Glencore’s net position was. High sulfur fuel oil is used by merchant ships, where it’s known as bunker fuel, and also for power generation.

The CFTC said Glencore traders reported bids and raised bids to Platts 728 times that November and reported 59 cargo purchases with the intention to “manipulate upward” the daily benchmark and derivatives such as swaps and futures that use the price as a reference for settlement.

And in July 2018, Glencore traders holding short exposure of more than 4 million barrels for the same benchmark worked to drive the Platts assessment price down by reporting low offers in the pricing window.

That puts companies making deals using benchmarks set at artificially high or low prices at a disadvantage.
...

27.5.
Glencore’s Oil-Price Rigging Puts Spotlight Back on Benchmarks
https://finance.yahoo.com/news/glencore-oil-price-rigging-pu…

[faultcode]

Antwort auf Beitrag Nr.: 71.559.996 von faultcode am 12.05.22 15:14:41

Joe Biden, mein bester Freund für hohe Ölpreise (2):

26.5.
Biden Might Limit Oil Exports to Lower U.S. Gasoline Prices
https://www.barrons.com/articles/biden-may-limit-gasoline-ex…
...
The Biden administration is “not taking anything off the table” when it comes to lowering gasoline prices, and that could include limiting exports of oil and fuel products from the United States.

Gasoline hit a record price of $4.59 in the U.S. on Wednesday, and some analysts think that prices could go even higher. Biden has announced policies to try to reverse the increase, including by releasing oil from the country’s strategic petroleum reserve. That has slowed price increases because it has contributed to supply.

But Biden may have to do more if he wants to reduce the price of gasoline and slow inflation in other products, like diesel. Energy Secretary Jennifer Granholm told reporters on Tuesday that “I can confirm the president is not taking any tools off the table” in response to a question on whether export restrictions are possible. The White House did not respond to a request for comment about whether the administration is planning export restrictions.
...

[Hitman2]

Ölpreis

Ölpreise legen erneut zu
https://www.ariva.de/news/lpreise-legen-erneut-zu-10145921