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.
OPEC Flag divided with cracks

Iran’s Zanganeh Suggests Extending OPEC/Non-OPEC Crude Oil Supply Cut Until End of 2017

Iran’s oil minister Bijan Zanganeh believes that oil producing countries, which have undertaken the task of lowering their oil output, should go beyond their...
oil rig

Eponym Brent Oil Benchmark Field to be Shut Down – Shell

The global oil giant Shell has begun foiling its operations the Brent oilfield in the North Sea, the same field that lent its name...
china

Shanghai Composite Index Up As China Commits to Opening Markets To Foreigners

The Shanghai Composite Index rose 13.89 points on Wednesday, closing at 3,166.98 for a gain of 0.44 percent. Today’s gain more than recovers fro...
oil pipeline

Iran and Oman Renew Talks on Joint Natural Gas Pipeline

Oman and Iran have set off a new round of negotiations regarding the construction of a natural gas pipeline between the two countries. The...

Glencore Extends Contract with NOC, Gains Exclusive Rights on 1/3 of Libya’s Produced Crude...

The Anglo-Swiss commodity giant Glencore has prolonged its contract with Libya’s National Oil Corporation (NOC) to strengthen the company’s position in the region.The contract...
crude oil

New Crude Oil and Natural Gas Deposit Found in Iran; Country Looks to Expand...

According to the announcement from the head of the National Iranian Oil Company (NIOC), a large deposit of crude oil and natural gas has...
china

Shanghai Composite Index Gains on Rallying Yuan, Despite Slower Services Data

The Shanghai Composite Index gained 16.81 points on Monday, or 0.54 percent on volume of 127 million shares, closing just shy of the day’s...

Super Bowl LI, Who Should Investors Root For?

With Super Bowl LI just few minutes away, as an investor, which team should you root for? Sounds crazy? Well, the Super Bowl indicator...
crude oil

Iran to Add 20 Wells to South Azadegan Oilfield

Iran has officially announced the start of drilling 20 new wells at its large South Azadegan oilfield.The National Iranian Drilling Company (NIDC) has stated...
China

Shanghai Composite Index Slips 0.6 Percent After Holiday Break

The Shanghai Composite celebrated the New Year of the Cock by laying an egg. Stocks on the Shanghai slipped 19 points, or 0.6 percent,...
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oil tanks with oil tanker

API Reports Unexpected 0.88 Million Barrel Inventory Draw, WTI Oil Price Rallies

The latest weekly American Petroleum Institute (API) inventory data for the week ending February 17th reported an inventory draw of 0.88 million barrels. ...
uranium price

Uranium Spot Prices Run Out of Momentum

The uranium spot price rally stalled last week, ending the commodity's ascent that started in December after prices fell as low as $17.75 per...
Canada Dollar USD/CAD

USD/CAD Bulls Disappointed by Fed Minutes

The Canadian dollar weakened after poor retail sales data, but USD/CAD hit resistance above 1.3200 and retreated after the Fed minutes provided no hawkish...

Nickel Prices Tracking US Dollar

Nickel prices were lower Wednesday, even after the commodity fell under significant pressure in the prior session.While all the base metals faced some pressure...
Natural Gas

Natural Gas Prices Stabilize Following Tuesday’s Sharp Decline

Natural gas prices fell sharply on Tuesday, with the contract for April settlement on the New York Mercantile exchange losing in excess of 8%....