Attention! Important information.

Dear visitor, your ip address refers to the country in which the company's services cannot be provided.
The list of these countries includes: USA, Japan, North Korea, canadian provinces of British Columbia, Quebec and Saskatchewan.

Please accept our apologies. With best regards, Bulltraders.com.

At the beginning of last week, the Iranian Foreign Minister spoke out about the attack on Saudi oil structures.

Mohammad Javad Zarif, the head of the ministry, said in an interview with CBS that the Houthi Yemen rebels increased the range of their missiles and this allowed them to fire at the kingdom’s oil facilities. Zarif emphasized that the main reason for the attack was the war in Yemen. The chaos in the country has caused instability in the region. According to him, Iran has been calling for the long time for resolving problems in Yemen through negotiations, "but, unfortunately, the United States and Saudi Arabia chose to intervene in the country's internal affairs by militaristic methods." The rebels received weapons that were abundant in the country after former President Ali Abdullah Saleh bought them for Saudi money during his long reign in Yemen. On the other hand, the United States supplies Saudi Arabia with a huge amount of weapons. All this does not contribute to peace in the region. Iran calls for immediate negotiations of all parties to the conflict. Houthis meanwhile threaten with new attacks.

The international community did not convince these arguments, and France, Germany and Great Britain joined the accusations of the Arab coalition and the United States blaming Iran on the bombing of Saudi Aramco targets. This is stated in a joint communiqué of the leaders of the three countries following a meeting on the sidelines of the 74th session of the UN General Assembly. The communiqué notes that the attack on Saudi Aramco’s infrastructure affects all countries and increases the risk of a major conflict. The leaders of the three states said the attacks recall the importance of collective efforts to ensure stability and security in the region, including the search for a political solution to the conflict in Yemen. The text of the communiqué also notes the need to de-escalate the situation in the region through diplomatic efforts.

Meanwhile Saudi Aramco has begun restoring production volumes at the Hurais and Abkaik fields affected by the drones, and this process has gone faster than expected. The reports of successful increase in oil production in Saudi Arabia have led global oil prices to go down. On September 25, the cost of a barrel of Brent crude oil fell to $ 61.64, which is 2.3% lower than the closing level of previous trading. However, experts interviewed by Bloomberg doubt that Saudi Aramco would be able to restore full oil production earlier than next year. OPEC Secretary General Mohamed Barkindo on Thursday, however, announced the almost complete restoration of primary oil production. “They have almost completely restored the bulk of production and have already begun to take measures to carry out major repairs, major repairs. We can breathe out with great relief that this accident is behind us, ”Barkindo said at the XII Eurasian Forum KAZENERGY. He also noted that security of supply to the global market remains top priority.

Barkindo mined that over the past few months, the global oil market has been saturated with uncertainty afterwards of trade disputes, later on geopolitical development, this uncertainty has also been exacerbated by recent attacks on energy supplies in Saudi Arabia, the largest producer in the world. About 5.7 million barrels of production were withdrawn from the market, so the price of oil soared by more than 7% - this is the largest volatility in 30 years.

Company news

26.09.2019 Bulltraders is worldwide brand! Read more ...
25.09.2019 Week of the super benefits from Bulltraders.com! Read more ...
27.08.2019 Week of the super benefits from Bulltraders.com! Read more ...
22.07.2019 Week of the super benefits from Bulltraders.com! Read more ...
24.06.2019 Week of the super benefits from Bulltraders.com! Read more ...
Show all

Expert view

07.10.2019 Mixed dynamics at the US stock market Read more ...
07.10.2019 Saudis to restore oil production Read more ...
30.09.2019 Impeachment and war with China Read more ...
30.09.2019 Saudi Aramco to restore oil production Read more ...
22.09.2019 Fed to reduce the rate Read more ...
Show all

Market news

Show all

The payment services are provided by Cauri LTD, 20-22 Wenlock Road, London, N1 7GU, UK, registered number 09507138
(check https://register.fca.org.uk), Win Pay (check http://win-pay.biz).

RISK WARNING STATEMENT. TO ATTENTION OF TRADERS AND INVESTORS!

Our services include products that are traded on margin and carry a risk that you can lose more than your initial deposit. The products may not be suitable for everyone - please ensure you fully understand the risks involved. There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. It is the responsibility of the Client to ensure that the Client can accept the Services and/or enter into the Transactions in the country in which the Client is resident. If the risks involved seem unclear to you, please seek independent advice.

 

CLIENT AGREEMENT PDF
PRIVACY POLICY PDF
RISK DISCLOSURE STATEMENT PDF
REFUND AND RETURN POLICY
AML&KYC POLICIES PDF
KYT POLICY PDF
FRAUD VERIFICATION PROCEDURE PDF
REGULATIONS OF TRADING PDF
RESPONSIBLE ATTITUDE