GAS
UAGASP / UKRAINIAN GAS PRICEUAGASP/USD Analysis with Geopolitical and Economic Context:
The chart reflects the average price of gasoline in Ukraine denominated in USD. The key dates highlighted on the chart are critical for understanding potential future shifts in gasoline prices based on global and local factors.
Historical Context:
• Long-Term Average Price: Historically, the average price of gasoline globally has been between $1 and $1.3 per liter. This benchmark serves as a reference point when analyzing the current and projected prices in Ukraine.
• Current Trends: The chart shows a significant rise in gasoline prices in recent years, correlating with global economic shifts, supply chain disruptions, and geopolitical tensions, particularly involving energy-rich regions.
Key Dates and Potential Influences:
1. December 2026 (12/01/26) - Potential Price Surge:
• Scenario: By the end of 2026, several factors could drive a significant increase in gasoline prices. These include geopolitical tensions in major oil-producing regions (such as the Middle East or Russia), global economic recovery post-pandemic leading to higher demand, and potential supply constraints.
• Impact on Prices: The price of gasoline could surpass historical averages, driven by both increased global oil prices and local factors like currency depreciation, higher transportation costs, and increased excise taxes.
2. October 2029 (10/01/29) - Stabilization or Decline:
• Scenario: By late 2029, technological advancements, a potential increase in global oil supply, or shifts towards alternative energy sources could stabilize or even reduce gasoline prices. Additionally, Ukraine’s economic situation might improve, strengthening the Hryvnia against the USD and mitigating price increases.
• Impact on Prices: Prices might stabilize, returning closer to the historical average of $1-$1.3 per liter, assuming reduced demand for gasoline due to a potential increase in electric vehicle (EV) adoption and alternative energy sources.
Global and Local Factors Influencing Gasoline Prices:
• Global Oil Prices: The price of gasoline is heavily influenced by global oil prices, which can fluctuate due to geopolitical events, OPEC decisions, and shifts in global demand.
• Currency Exchange Rate: The strength of the Hryvnia against the USD plays a crucial role in determining local gasoline prices. A weaker Hryvnia would increase the cost of imported oil, leading to higher gasoline prices.
• Transportation and Distribution Costs: Rising transportation costs, driven by higher fuel prices or logistical challenges, could further increase the price of gasoline in Ukraine.
• Government Policies: Changes in excise taxes, subsidies for alternative energy, or regulations aimed at reducing carbon emissions could impact gasoline prices. Higher taxes on fossil fuels could drive prices up, encouraging a shift towards more sustainable energy sources.
Consider the Shift to Electric Vehicles (EVs):
With the potential for sustained high gasoline prices and increasing environmental concerns, it might be time to consider the benefits of switching to electric vehicles. Tesla, a leading EV manufacturer, represents a significant shift in the automotive industry towards cleaner, more sustainable transportation options.
• Cost Savings: Over the long term, EVs could provide significant savings on fuel costs, particularly if gasoline prices remain high.
• Environmental Impact: Reducing reliance on gasoline can contribute to lower greenhouse gas emissions, aligning with global efforts to combat climate change.
• Technological Advancements: Tesla and other EV manufacturers continue to innovate, improving battery technology, increasing vehicle range, and reducing the overall cost of ownership.
Conclusion and Reader’s Consideration:
As gasoline prices in Ukraine and globally continue to fluctuate, driven by a complex mix of geopolitical, economic, and environmental factors, it raises an important question for consumers:
“Is it time to transition to electric vehicles?”
Exploring options like Tesla and analyzing the broader EV market could be a forward-thinking strategy in an era of rising fuel costs and increasing environmental awareness. The shift towards EVs not only offers potential cost savings but also supports global sustainability goals.
What are your thoughts? Is now the right time to consider going electric?
NATGAS Local Short! Sell!
Hello,Traders!
NATGAS shot up sharply
Just as I predicted but
Has now hit a horizontal
Resistance of 2.273$ and
As we are already seeing
A bearish reaction a
Further correction is
To be expected
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
NATGAS Risky Long! Buy!
Hello,Traders!
NATGAS is trading in a
Downtrend but the price
Has hit the horizontal support
Level of 1.90$ and we are
Already seeing a bullish
Rebound so a further
Move up is to be expected
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
NGAS - UniverseMetta - Analysis#NGAS - UniverseMetta - Analysis
Continuation of the trend - potential 5th wave, consolidation behind the trend line. The structure may continue and allow the price to continue its momentum towards the level of 4.16. In order not to increase risks, it is better to consider an exit when it consolidates or breaks through the support level of 1.98. Local goals 2.75. Next, a correction may form, since there were rebounds from these levels.
Target 2.75 - 4.16
GASUSDT Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The weekly chart of GAS/USDT indicates a symmetrical triangle formation, bounded by a descending resistance trendline and an ascending support trendline.
Currently, the price is trading near the lower boundary of the triangle at $3.910, showing a potential bounce from the support trendline.
MIL:GAS is likely to rally 240% if this rebounds players off successfully.
Key levels:
- Current Price: $3.904.
- Support: $2.643.
- Resistance: $$8.88.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
#VTHOUSDT #1D (ByBit) Falling wedge breakout and retestVeThor Token (gas of CRYPTOCAP:VET ) is pulling back to 50MA support and looks good for a bounce followed by a bullish continuation from here.
⚡️⚡️ #VTHO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.9%
Current Price:
0.003380
Entry Targets:
1) 0.003304
Take-Profit Targets:
1) 0.004978
Stop Targets:
1) 0.002634
Published By: @Zblaba
$VTHO BYBIT:VTHOUSDT.P #VeThor #VET #VeChain vechain.org
Risk/Reward= 1:2.5
Expected Profit= +101.3%
Possible Loss= -40.6%
Estimated Gaintime= 1 month
The Petrodollar Agreement and the Future of OilThe term "petrodollar" refers to the value of oil bought with U.S. dollars. This concept was founded in 1974 when Saudi Arabia and the United States made an agreement to price Saudi oil exports exclusively in U.S. dollars. This arrangement had significant effects on the global economy and politics.
This system increased the global demand for U.S. dollars. Oil-exporting countries like Saudi Arabia committed to selling oil only in dollars, forcing other countries needing oil to acquire U.S. dollars for transactions. This continuous demand strengthened the value of the dollar in global markets.
This system also led to the widespread use of the dollar. Since oil is a strategic commodity used worldwide, the need for dollars to buy oil pushed countries to hold large reserves of dollars. This includes central banks and major companies that rely on importing oil to meet their needs.
Due to the increased demand and continuous use of the dollar, its value became stable. When there is a high and steady demand for a currency, its price fluctuations decrease, making it a stable and reliable currency for international trade. This stability enhanced the dollar's position as the world's main reserve currency.
Why Is the World Watching Now?
Recent geopolitical developments and changes in global alliances have sparked discussions about Saudi Arabia's role in the petrodollar system. Major economies like China and the European Union are emerging as key players in global oil markets, and there are serious and successful attempts to price oil in their currencies.
The BRICS aims to launch a new global economic system, and the idea of pricing oil in non-dollar currencies has been proposed. This idea is not just a theoretical study but is based on tangible real-world evidence. After the Russian war on Ukraine and the subsequent economic sanctions from the U.S. and the West, Russia announced it would sell its oil in rubles under certain conditions. In March 2023, a deal was made for Russia to sell oil to India, with payment in rubles. In the same month, Saudi Arabia announced its intention to consider exporting part of its oil to China in yuan.
The United Arab Emirates took the first step in this field by pricing gas in Chinese yuan. Last year, the Shanghai Stock Exchange announced the pricing of a shipment of Emirati gas in Chinese currency. The UAE did not immediately announce whether it would continue pricing part of its liquefied gas exports in yuan on the Shanghai Stock Exchange or if it was just testing the global market's reaction to this move.
Benefits for the UAE and China
For the UAE, the benefits include diversifying revenue sources and reducing reliance on the U.S. dollar. This move strengthens economic ties with China, the world's second-largest economy, opening up more opportunities for cooperation and joint investments. It also represents a strategic step towards achieving greater flexibility in international financial and trade dealings.
For China, this move enhances the yuan's position as an international currency, contributing to reducing reliance on the U.S. dollar in global trade. By pricing oil and gas in yuan, China can secure energy supplies with its local currency, reducing currency conversion costs and helping to enhance internal financial stability.
Impact on the Dollar
A crucial point is the global push towards renewable energy and the potential decrease in oil demand, which can significantly affect the dynamics of the petrodollar system. As the world seeks to shift to cleaner and more sustainable energy sources, the importance of oil—and thus the petrodollar—may diminish in the global economy.
Additionally, the changing political landscape, including shifts in U.S. foreign policies and Saudi Arabia's strengthening relations with other global powers, may lead to a reevaluation of the petrodollar arrangement. These political shifts might prompt Saudi Arabia and other countries to consider using alternative currencies in oil trade.
Vision for Diversification
Saudi Arabia and the United Arab Emirates aim to diversify their economies away from oil dependence to achieve long-term economic sustainability and reduce risks associated with global oil price fluctuations.
Saudi Arabia's "Vision 2030" aims to diversify income sources and develop new economic sectors such as tourism, entertainment, industry, technology, and education. This program aims to create new job opportunities, attract foreign investments, and achieve comprehensive and sustainable economic growth.
The UAE focuses on developing sectors such as tourism, aviation, trade, finance, technology, real estate, education, and renewable energy. Through this vision, the UAE seeks to strengthen its position as a global hub in various fields, which it has largely succeeded in so far, and reduce its reliance on oil as a main part of its economy.
In summary, the world is closely watching Saudi Arabia and its allies because any changes in their approach to oil trade and currency preferences can have widespread effects on global financial markets, the strength of the U.S. dollar, and international economic relations.
UPDATE: Natural Gas hit Target 1 and now pumping to T2 $3.80W Formation formed during April 2024.
The price broke above the Neckline and headed straight to the target recently atr $2.85
The latest development has been an even larger Cup and Handle formation in the process.
This has been since February 2024. The price is breaking above the Brim level and the next target is set to around $3.80.
Looks good!
Downtrend Breakout, So Uptrend Confirmation. Long Term AnalysisThis is Long -Term Analysis to understand the "Upcoming" Market Direction. Now Confirmed the Downtrend has Breakout. So market definitely move into Uptrend. It might temporarily move downside as a Retest of the Trendline. Must follow Trend continuation technic.
I marked 0.5 Fibonacci Retracement. It is Next Target for Short Term Traders.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
NATTY down for a breather NATTY is extremely overextended and finds itself on the 0.5 Fib retracement after accumulating a substantial bearish divergence on the 4hr.
After breaking out of the cup & handle, it has yet retested those areas which it will IMHO.
NATTY often peaks in the middle of May which is often followed my strong consolidation into May, before it really gets going in June/July.
✅NATGAS SHORT FROM RESISTANCE🔥
✅NATGAS made a massive
Gap up from the support
But after the gap the price
Immediately hit a horizontal
Resistance level of 2.00$
From where we are already
Seeing a bearish reaction
And I think that we will see
A further move down next week
SHORT🔥
✅Like and subscribe to never miss a new idea!✅