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Business

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

Better indoor mobile signal could boost Welsh economy

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Wales could benefit from £3bn growth annually if indoor mobile dead zones were eliminated, survey finds.

RESEARCH from Freshwave, a connectivity infrastructure provider, highlights how improving indoor mobile coverage could significantly enhance productivity across Wales. According to the 2025 Freshwave Mobile Connectivity ROI Index, poor indoor mobile signal currently costs Welsh organisations an estimated £4bn every year, with businesses, hospitals, and public buildings suffering from inefficiencies caused by mobile blackspots.

The index reveals that 82% of Welsh organisations experience daily connectivity issues, which have a direct impact on both employee productivity and customer satisfaction. Survey respondents believe that resolving these connectivity problems could lead to a substantial 2.1% increase in Wales’ GDP—surpassing the UK-wide average of 1.6%.

In light of these findings, the Welsh Government’s Digital Strategy for Wales aims to use technology to improve lives and enhance productivity across the nation. This is particularly timely, as Chancellor Rachel Reeves has made economic productivity a key priority amid discussions of avoiding further tax increases.

Impact on Welsh businesses and public sector

Organisations with more than 100 employees are reporting that indoor mobile connectivity problems cost them an average of £143m annually, which translates to a collective £4bn loss across the Welsh economy. Respondents believe that improving mobile coverage—whether through 4G or 5G—would address these productivity barriers and contribute to significant efficiency gains. Many also anticipate higher budgets for mobile connectivity improvements, with 68% planning to increase their investments over the next two years.

CEO comments on the need for action

Simon Frumkin, CEO of Freshwave, explained: “The Welsh economy simply cannot afford to lose billions every year. Investments in digital infrastructure over the past decade have set the stage for progress. Now, we need to ensure that seamless mobile connectivity is available where it’s needed most. This could result in a £3bn boost to Welsh organisations.”

Frumkin added, “By working alongside mobile network operators, we can unlock the full economic potential of 4G and 5G connectivity, driving innovation and efficiency across all sectors.”

National context: Public sector hit hardest

Across the UK, the public sector is the most affected by indoor mobile connectivity issues, with losses of £46bn annually and missed opportunities worth £33bn. The professional and financial services sector also faces significant losses, amounting to £24bn annually, with potential gains of £17bn.

Notes to Editors
Research methodology: A survey of 900 senior IT decision-makers from medium and large organisations across the UK was conducted in December 2024. Participants represented sectors including government, healthcare, professional services, and more, with all respondents from organisations with over 100 employees and revenues exceeding £50 million.

About Freshwave: Freshwave is a connectivity infrastructure provider that simplifies digital infrastructure. Backed by DigitalBridge, Freshwave collaborates with mobile operators, governments, and real estate providers to ensure reliable connectivity across the UK. Visit www.freshwavegroup.com for more information.

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Business

Cambrian Training Company collaborates to promote apprenticeships in schools

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ONE of Wales’ leading work-based learning providers is calling for better collaboration between schools, employers and training providers to inform young people and their parents about apprenticeships.

Faith O’Brien, managing director of Welshpool-based Cambrian Training Company, said: “A significant gap remains in the quality of joint marketing activities between schools, employers and training providers to effectively promote apprenticeships”.

“This gap is often attributed to a lack of awareness among careers officers in schools and a reluctance to present apprenticeships as a viable option for all pupils, regardless of academic attainment.”

She believes best practice for promoting apprenticeships involves directly engaging with employers to foster strategic and operational relationships while investing in the sector.

“Many employers in Wales have successfully embedded apprenticeships into their career pathways, making them a crucial component of their recruitment and retention strategies,” she added.

“As the leading provider of work-based apprenticeships in Hospitality and Food & Drink Manufacturing, Cambrian Training has built strong employer relationships, enabling a deep understanding of business needs and ensuring apprenticeship programmes align with their delivery models”.

“It’s vital that young people, their parents and teachers have access to all the available information of the different education options. We also need parity of esteem between the academic and vocational routes, so that our young people can take informed decisions that lead to successful life-long careers.”

Faith’s comments come as Wales tries to reduce the number of young people aged between 16 to 24 not in education, training or employment (NEET). The year ending September 2024 showed that the NEET rate was 10.7% and individuals aged 24 accounted for the highest rate at 18.8%.

Recent UK research commissioned by Grant Thornton UK LLP reported growing recognition of the benefits apprenticeship can offer school leavers. However, almost one in five (19%) of young people surveyed don’t believe they have received good careers advice about school leaver apprenticeships.

Most young people felt pressure from parents and teachers to go to university and only just over one in five (22%) are considering or currently doing a school leaver apprenticeship.

The Senedd’s Children, Young People and Education Committee has launched The Routes into post-16 education and training inquiry, examining the quality of information given to learners about the full range of post-16 options in Wales.

The inquiry will also examine how effective careers support is at compulsory school age, changes in post-18routes, Welsh-medium provision, equity of access, Post-16 destination data and the Welsh Government’s role.

Cambrian Training Company is supporting careers initiatives aimed at schoolchildren and their parents to raise awareness, knowledge and interest in apprenticeships.

The company attends apprenticeship and careers fairs across Wales and sponsors the Culinary Association of Wales and the Welsh International Culinary Championships (WICC).

The WICC features competitions and skills classes to give young people a chance to try their hand and learn more about the industry and job opportunities.

Cambrian Training Company also collaborates with Menter a Busnes and Tasty Careers in Food & Drink schools programmes to promote careers in Welsh food and drink and hospitality

Photo captions: 

Cambrian Training Company promoting apprenticeships at the Apprenticeship Fair held in the Senedd during National Apprenticeship Week.

Faith O’Brien, Cambrian Training Company’s managing director.

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Business

Haverfordwest builders yard to be turned into hand car wash

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A HAND car wash scheme at a Pembrokeshire builders’ yard on the edge of the county town has been given the go-ahead by county planners.

In an application before Pembrokeshire county council, Serkan Ustugul sought permission to use part of the builders’ yard/lorry park at Lower Dredgemans Hill, Merlins Bridge, Haverfordwest as a car wash facility, along with an associated waiting area/store and drainage mitigation system.

A supporting statement through agent Hayston Developments & Planning Ltd said: “The yard has historic use as a builder’s yard for some 80 years with the site being used by various vehicles on multiple occasions during the week. A number of small businesses lease portions of the land from the owner as builder’s yard, lorry park, and mechanic and storage areas, and they in turn generate traffic movements to access and egress the yard onto the main road.

“Being close to Merlins Bridge and Haverfordwest the proposed site for the car wash facility is in a sustainable location. The site is adjacent to the main railway line and to the north is a large complex of business units.”

Works were undertaken at the site back in 2019 when the entrance gates into the site and the flanking walls were removed to for access by Network Rail in order to carry out nearby bridge improvements on the adjoining railway network, with a later full planning application for the revised access for larger vehicles for those works granted.

The latest application said existing consents at the site allowed multiple uses, with the use of of a car-wash already allowed, adding: “however, the operational development requires planning permission.  This application proposes the use of part of the land at the existing builder’s yard to form a hand car wash facility, which is proposed to operate from 8.30am to 6pm seven days a week (including bank holidays).

“The detailed scheme comprises a one-way system with vehicular entry and exit off the existing access at Merlins Bridge which was widened and improved under [the previous consent].”

It finished: “The proposed hand car-wash facility will provide local employment opportunities and provide an important local service for its customers.  The scheme will not be visually intrusive due to the proposed location of the development as a whole, and the detailed layout of the site. The canopies and portacabin proposed are not over-sized and minimised visual clutter on the site.”

The application was conditionally approved by planning officers.

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