Donald Levit

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Donald is a strategist for economiccalendar.com. He specializes in a fundamental approach while informing traders of relevant economic data. Actively trading since university, Donald trades indices and commodities. He earned his Bachelor's in Finance from Baruch College's Zicklin School of Business in New York City.
crude oil

OPEC + JMMC Paint a Bright Future for the Global Crude Oil Market

The Joint OPEC/non-OPEC Ministerial Monitoring Committee (JMMC) met on Monday in Saint Petersburg, Russia to discuss the latest progress of the crude oil production...
shanghai

Shanghai Composite Index: China Stocks Resume Upward Move

The Shanghai Composite Index kicked off the week with a 12.62-point gain, or 0.39 percent, to close at 3,250.60. The last week has been...
crude oil

Susangerd Oil Field To Be Developed by Iran and Unnamed Partner

Iran’s Ministry of Petroleum gave Industrial Development & Renovation Organization of Iran (IDRO) the green light for the development of the Susangerd oil field...
crude oil

A Blessing or a Curse: Libya within Striking Distance of 1 Million Bpd

On July 17, 2017, the Prime Minister of Libya’s Government of National Accord (NGA) Fayez al-Sarraj announced that the country is close to reaching...
China

Shanghai Composite Index: China Stocks Hammered by News of Solid Economic Growth

The Shanghai Composite Index fell 45.95 points to 3,176.46 today, for a decline of 1.43 percent in a difficult day for China bulls. At...
crude oil

IEA Ups Its Global Crude Oil Demand Forecast for 2017; OPEC’s Oversupply Casts Doubts

In its latest monthly report, the International Energy Agency (IEA) has updated its global crude oil demand forecast for 2017 to 98 million barrels...
OPEC countries on map

OPEC June Report: Output Growth Up to 32.61 Million Bpd; Iraq on the Offensive

July 12 saw the release of OPEC’s latest monthly report. In June, Members of the Organization of Petroleum Exporting Countries increased their cumulative crude...
China

Shanghai Composite Index Slips Again, But Large Cap Stocks Outperforming

The Shanghai Composite fell 5.49 points today, or 0.17 percent, slipping below the 3,200 mark to close at 3,197.54, and into negative territory over...
crude oil

Iran Is Seeking Investments to Boost Crude Oil Production to 4.8 Million Bpd by...

Since international sanctions have been lifted from Iran in early 2016, the country hasn’t missed a single opportunity to make ambitious announcements. This week...
crude oil

21st Century Silk Road: Uzbekistan and CNPC Begin Drilling at Mingbulak Oil Field

According to a statement from Uzbekneftegaz, the Mingbulak oil field development project has been resumed in Uzbekistan after it was put on hold in...

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Euro Dollar EUR/USD

EUR/USD Weekly Forecast September 18-22

EUR/USD was under pressure in the early week but recovered in the second half of the week to erase about half of the week’s...
crude oil pumpjack

Crude Oil Prices Weekly Forecast September 18-22

WTI crude oil prices (USOIL) gained for a second consecutive week and seen once again attacking resistance at the psychological $50.00 handle. Oil...
US Dollar

DJIA Today: Dow Jones Futures Extend Record Run to Four Days

The Dow Jones Industrial Average rose again on Friday, extending its record-setting pace to four days, with defense contractors and technology firms leading the...
USA

S&P 500 Futures Hit Record as Investors Shrug Off North Korea Threat

U.S. stocks advanced Friday, with the S&P 500 Index closing at a new all-time high as investors shrugged off North Korea’s latest provocation.The benchmark...

Coffee Prices: Robusta Falls as Speculators Exit Positions

Robusta coffee futures, which have been well supported for months due to razor-thin supplies fell on Friday due to a round of speculator selling...
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