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Gaining wealth from liquid gold: Proficient strategies for oil trading

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Oil trading, often referred to as the “liquid gold” market, is a dynamic and complex arena where fortunes can be made or lost. In this article, we will delve into the world of oil trading, offering proficient strategies and insights to navigate this lucrative sector successfully. To stay ahead in this evolving landscape, it’s crucial to utilize modern resources. One such resource is oilprofit.app, a cutting-edge online trading tailor-made for oil traders, providing them with essential tools and real-time data to enhance their decision-making capabilities and seize opportunities in this high-stakes market.

The Basics of Oil Trading

Understanding the Oil Market
The oil market is divided into two main categories: crude oil and refined products. Crude oil is the raw material extracted from the ground, while refined products include gasoline, diesel, and jet fuel. Key players in the oil market include producers, refiners, traders, and consumers.

Factors Influencing Oil Prices
Oil prices are influenced by a myriad of factors, including supply and demand dynamics, geopolitical events, and economic indicators. Understanding these factors is crucial for effective oil trading.

Types of Oil Trading

Physical Oil Trading
Physical oil trading involves the actual purchase and delivery of physical barrels of oil. While it provides direct exposure to the commodity, it comes with logistical challenges, such as storage and transportation.

Oil Futures and Options
Financial oil trading via futures and options contracts offers traders a way to profit from oil price movements without handling physical barrels. This approach provides liquidity and flexibility but requires a solid understanding of derivatives markets.

Developing a Trading Strategy

Fundamental Analysis
Fundamental analysis involves studying supply and demand fundamentals and keeping an eye on geopolitical events that can disrupt oil supplies. Monitoring factors like OPEC decisions, inventory levels, and political stability in key oil-producing regions is essential.

Technical Analysis
Technical analysis relies on charts and historical price data to identify trends and trading opportunities. Traders use technical indicators like moving averages, RSI, and MACD to make informed decisions.

Risk Management
Effective risk management is crucial in oil trading. Setting stop-loss and take-profit levels, diversifying your portfolio, and managing leverage can help protect your capital and minimize losses.

Trading Platforms and Tools

Popular Trading Platforms for Oil
Traders have a range of platforms to choose from, with MetaTrader 4/5 and TradingView being popular options. These platforms offer advanced charting, real-time data feeds, and order execution capabilities.

Trading Tools and Resources
Access to real-time data feeds, economic calendars, and news sources is vital for staying informed about market developments. These tools help traders make timely and well-informed decisions.

Regulatory Considerations and Taxation

Regulations in Oil Trading
Various regulatory bodies oversee oil trading, ensuring fair and transparent markets. Traders must comply with reporting requirements and understand the role of organizations like the Commodity Futures Trading Commission (CFTC) in the United States.

Taxation of Oil Trading Profits
Tax considerations in oil trading profits can differ significantly depending on your location. It’s essential for traders to have a clear understanding of their specific tax obligations and explore professional guidance to fine-tune their tax optimization strategies.

Case Studies and Success Stories

Profiles of Successful Oil Traders
Analyzing the journeys of accomplished oil traders offers valuable lessons. Within the industry, prominent figures and organizations such as Andrew Hall, Pierre Andurand, and Vitol Group stand out as examples of success. Their stories and strategies serve as instructive examples for aspiring traders, shedding light on the paths to prosperity in the world of oil trading.

Lessons Learned and Pitfalls to Avoid
Accomplished oil traders frequently stress the significance of maintaining discipline, perpetually expanding their knowledge base, and implementing effective risk management strategies. Additionally, they advise against excessive leverage and making impulsive decisions driven by emotions. These key principles are fundamental to achieving success and sustainability in the intricate world of oil trading.

Conclusion
In conclusion, oil trading offers significant opportunities for those who approach it with knowledge and a well-defined strategy. Whether you’re interested in physical trading or prefer the flexibility of financial derivatives, understanding the basics, developing a sound strategy, and staying informed about market developments are key to success in this exciting and profitable field. As the world’s energy needs continue to evolve, oil trading remains a dynamic and vital part of the global economy.

Business

First wind turbine components arrive as LNG project moves ahead

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THE FIRST ship carrying major components for Dragon LNG’s new onshore wind turbines docked at Pembroke Port yesterday afternoon, marking the start of physical deliveries for the multi-million-pound renewable energy project.

The Maltese-registered general cargo vessel Peak Bergen berthed at Pembroke Dock shortly after 4pm on Wednesday, bringing tower sections and other heavy components for the three Enercon turbines that will eventually stand on land adjacent to the existing gas terminal at Waterston.

A second vessel, the Irish-flagged Wilson Flex IV, is due to arrive in the early hours of this morning (Thursday) carrying the giant rotor blades.

The deliveries follow a successful trial convoy on 25 November, when police-escorted low-loader trailers carried dummy loads along the planned route from the port through Pembroke, past Waterloo roundabout and up the A477 to the Dragon LNG site.

Dragon LNG’s Community and Social Performance Officer, Lynette Round, confirmed the latest movements in emails to the Herald.

“The Peak Bergen arrived yesterday with the first components,” she said. “We are expecting another delivery tomorrow (Thursday) onboard the Wilson Flex IV. This will be blades and is currently showing an ETA of approximately 03:30.”

The £14.3 million project, approved by Welsh Ministers last year, will see three turbines with a combined capacity of up to 13.5 MW erected on company-owned land next to the LNG terminal. Once operational – expected in late 2026 – they will generate enough electricity to power the entire site, significantly reducing its carbon footprint.

Port of Milford Haven shipping movements showed the Peak Bergen approaching the Haven throughout Wednesday morning before finally tying up at the cargo berth in Pembroke Dock. Cranes began unloading operations yesterday evening.

Weather conditions are currently favourable for this morning’s arrival of the Wilson Flex IV, which was tracking south of the Smalls at midnight.

The abnormal-load convoys carrying the components from the port to Waterston are expected to begin next week, subject to final police and highway approvals.

A community benefit fund linked to the project will provide training opportunities and energy-bill support for residents in nearby Waterston, Llanstadwell and Neyland.

Further updates will be issued by Dragon LNG as the Port of Milford Haven as the delivery programme continues.

Photo: Martin Cavaney

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Business

Cardiff Airport announces special Air France flights for Six Nations

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Direct services to Paris-Charles de Gaulle launched to cater for Welsh supporters, French fans and couples planning a Valentine’s getaway

CARDIFF AIRPORT and Air France have unveiled a series of special direct flights between Cardiff (CWL) and Paris-Charles de Gaulle (CDG) scheduled for February 2026.

Timed to coincide with two major dates — the Wales v France Six Nations clash on Saturday 15 February and Valentine’s weekend — the flights are designed to offer supporters and holidaymakers an easy link between the two capitals.

For travelling French rugby fans, the services provide a straightforward route into Wales ahead of match day at the Principality Stadium, when Cardiff will once again be transformed by the colour, noise and passion that accompanies one of the tournament’s most eagerly awaited fixtures.

For Welsh passengers, the additional flights offer a seamless escape to Paris for Valentine’s Day, as well as opportunities for short breaks and onward travel via Air France’s wider global network.

Cardiff Airport CEO Jon Bridge said: “We’re thrilled to offer direct flights to such a vibrant and exciting city for Valentine’s weekend. Cardiff Airport is expanding its reach and giving customers fantastic travel options. We’ve listened to passenger demand and are delighted to make this opportunity possible. There is more to come from Cardiff.”

Tickets are already on sale via the Air France website and through travel agents.

Special flight schedule

Paris (CDG) → Cardiff (CWL):

  • 13 February 2026: AF4148 departs 17:00 (arrives 17:30)
  • 14 February 2026: AF4148 departs 14:00 (arrives 14:30)
  • 15 February 2026: AF4148 departs 08:00 (arrives 08:30)
  • 15 February 2026: AF4150 departs 19:40 (arrives 20:10)
  • 16 February 2026: AF4148 departs 08:00 (arrives 08:30)
  • 16 February 2026: AF4150 departs 16:30 (arrives 17:00)

Cardiff (CWL) → Paris (CDG):

  • 13 February 2026: AF4149 departs 18:20 (arrives 20:50)
  • 14 February 2026: AF4149 departs 15:20 (arrives 17:50)
  • 15 February 2026: AF4149 departs 09:20 (arrives 11:50)
  • 15 February 2026: AF4151 departs 21:00 (arrives 23:30)
  • 16 February 2026: AF4149 departs 09:20 (arrives 11:50)
  • 16 February 2026: AF4151 departs 17:50 (arrives 20:20)
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Business

Cwm Deri Vineyard Martletwy holiday lets plans deferred

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CALLS to convert a former vineyard restaurant in rural Pembrokeshire which had been recommended for refusal has been given a breathing space by planners.

In an application recommended for refusal at the December meeting of Pembrokeshire County Council’s planning committee, Barry Cadogan sought permission for a farm diversification and expansion of an existing holiday operation through the conversion of the redundant former Cwm Deri vineyard production base and restaurant to three holiday lets at Oaklea, Martletwy.

It was recommended for refusal on the grounds of the open countryside location being contrary to planning policy and there was no evidence submitted that the application would not increase foul flows and that nutrient neutrality in the Pembrokeshire Marine SAC would be achieved within this catchment.

An officer report said that, while the scheme was suggested as a form of farm diversification, no detail had been provided in the form of a business case.

Speaking at the meeting, agent Andrew Vaughan-Harries of Hayston Developments & Planning Ltd, after the committee had enjoyed a seasonal break for mince pies, said of the recommendation for refusal: “I’m a bit grumpy over this one; the client has done everything right, he has talked with the authority and it’s not in retrospect but has had a negative report from your officers.”

He said the former Cwm Deri vineyard had been a very successful business, with a shop and a restaurant catering for ‘100 covers’ before it closed two three years ago when the original owner relocated to Carmarthenshire.

He said Mr Cadogan then bought the site, farming over 36 acres and running a small campsite of 20 spaces, but didn’t wish to run a café or a wine shop; arguing the “beautiful kitchen” and facilities would easily convert to holiday let use.

He said a “common sense approach” showed a septic tank that could cope with a restaurant of “100 covers” could cope with three holiday lets, describing the nitrates issue as “a red herring”.

He suggested a deferral for further information to be provided by the applicant, adding: “This is a big, missed opportunity if we just kick this out today, there’s a building sitting there not creating any jobs.”

On the ‘open countryside’ argument, he said that while many viewed Martletwy as “a little bit in the sticks” there was already permission for the campsite, and the restaurant, and the Bluestone holiday park and the Wild Lakes water park were roughly a mile or so away.

He said converting the former restaurant would “be an asset to bring it over to tourism,” adding: “We don’t all want to stay in Tenby or the Ty Hotel in Milford Haven.”

While Cllr Nick Neuman felt the nutrients issue could be overcome, Cllr Michael Williams warned the application was “clearly outside policy,” recommending it be refused.

A counter-proposal, by Cllr Tony Wilcox, called for a site visit before any decision was made, the application returning to a future committee; members voting seven to three in favour of that.

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