|Day's Range||12.73 - 13.05|
|52 Week Range||11.88 - 16.09|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.15%|
U.S. West Texas Intermediate and international-benchmark Brent crude oil posted a volatile two-sided trade last week before settling lower. The bullish price action was fueled by a bigger-than-expected draw in U.S. inventories. The bearish news was increased production from OPEC. September WTI crude oil futures settled at $45.77, down $0.98 or -2.10% and October Brent … Continue reading Oil Price Fundamental Weekly Forecast – Oil Ministers May Try to Limit Libyan, Nigerian Production at Key OPEC Meeting
U.S. West Texas Intermediate and international-favorite Brent crude oil are trading flat-to-mixed as investors square positions ahead of the week-end and a key meeting of major oil producing nations next week in St. Petersburg Russia. At 0625 GMT, September WTI crude oil is trading $46.89, down $0.03 or -0.06% and October Brent crude oil is … Continue reading Oil Price Fundamental Daily Forecast – Flat Ahead of OPEC, Non-OPEC Production Discussions in Russia
The EIA estimates that US crude oil inventories fell by 4.7 MMbbls (million barrels) to 490.6 MMbbls on July 7–14, 2017.