One of today’s session topics will be the recent rise in oil. The oil recovery is based on several factors, from fundamental and technical nature. In recent weeks, there have been several indications that the offer is to adjust to new market conditions. Several oil companies in the presentation of results have reported that will reduce investment in the coming years, which will reduce the production along the time. Another sign was given by the CEO of BP who said that the production of shale oil (extracted oil shales surface) in the US has experienced a sharp drop, and closed dozens of wells every week in states like Texas, the Dakota North, etc. The production of oil shale in the US was the main cause of increased oil supply in the last 3 years. From the technical point of view, a very common strategy among hedge funds in recent months has been selling futures on oil. This type of strategy has been so popular that the level of sellers headings (speculative) reached the maximum in recent years. These investors may be tempted to close their selling positions to a minimum oil sign of strength, materializing the gains achieved with the downward movement of crude oil. The rise in crude should continue to boost the related sector but also affects many other raw materials. Because oil is one of the most traded commodities, their movements influence the price of copper, aluminum, zinc, etc. Thus, the mining sector could also stand out in the early hours of the session. The value of crude oil and the recovery of the Euro may generate an underperformance of the DAX. The reason for this possibility relates to the fact that the German index, one of the best performers this year, doesn’t have any oil company among its members, and a significant portion of its constituents have a high export exposure and thus a negative correlation with the Euro.