|Day's Range||N/A - N/A|
Oil rose to a two-year high on Wednesday boosted by Keystone pipeline outage and expectations that oil producing countries will agree to extend a production cut deal.
Investing.com - Oil prices rose further on Wednesday, with the U.S. benchmark surging to its best level since July 2015 amid speculation weekly supply data due later in the day will show a large drop in U.S. crude inventories.
Oil settle higher Tuesday, as traders await an update on U.S. crude supplies that comes ahead of a key meeting of major producers next week.
Investing.com - Crude prices were a bit higher on Tuesday, as investors looked ahead to weekly data from the U.S. on stockpiles of crude and refined products to gauge the strength of demand in the world’s largest energy consumer.
Oil declines as investors look ahead to next week’s meeting of global crude producers where an extension of output cuts is set to be discussed.
Investing.com - Crude prices were a bit lower to start the week on Monday, as reduced expectations for an extension of OPEC-led output curbs combined with fears over rising U.S. output weighed on sentiment.
Investing.com - Crude oil prices jumped on Friday, but failed to offset their first weekly loss in six weeks as fears over rising U.S. output persisted, while falling expectations for an extension of OPEC-led output curbs weighed on sentiment.
Oil prices jump Friday, rebounding from a two-week low, but the move is not enough to save prices from their first weekly decline in six weeks.
Oil prices surged higher on Friday running up 2.45%, and recapturing resistance seen near the 10-day moving average at 56.47. Oil rigs were flat on the week, and prices rebounded following the International Energy Agency’s negative report on oil demand. Technicals Crude oil surged higher and is poised to test resistance levels near the November … Continue reading Crude Oil Price Analysis for November 20, 2017
Oil settle at their lowest levels in two weeks Thursday, as prices extend their recent declines on the back of a surprise climb in U.S. crude supplies, an increase in domestic production to a record weekly ...
Investing.com - Crude oil prices recouped some of this week's losses in early morning trade on Thursday, as growing expectations that OPEC will extend an ongoing production cut agreement at a meeting at the end of this month offset concern over rising U.S. crude stockpiles and output.
Investing.com - Crude oil prices edged up in Asia on Thursday as investors saw a recent sell-off overdone and continued to monitor declining production from OPEC member Venezuela as it reels from a debt and inflation crisis.
Investing.com – Crude oil prices settled lower on Wednesday after data showed crude and gasoline supplies rose last week while production jumped to a record all-time high.
So far this week (starting November 13, 2017), natural gas (UNG) (BOIL) prices are leading a decline in energy commodities.
The IEA on Tuesday cut its forecast for oil demand growth by 100,000 barrels per day (bpd) for both 2017 and 2018, in part because of consumption being reduced by unseasonably warm weather. This structure, or backwardation, is now at only 70 cents, having halved in a week. A joint 1.8 million bpd cut by the world's largest exporters since January has helped to force a three-year old overhang of fuel to drain and pushed crude and products markets into backwardation, which suggests traders and investors believe supply is falling below demand.
Oil prices drop Tuesday to finish at their lowest level in more than a week after the International Energy Agency cut its forecast for global crude demand.
Investing.com - Oil prices were under pressure on Tuesday, as market players awaited weekly data from the U.S. on stockpiles of crude and refined products to gauge the strength of demand in the world’s largest energy consumer.
Investing.com - Oil prices edged lower on Tuesday, as investors looked ahead to weekly data from the U.S. on stockpiles of crude and refined products to gauge the strength of demand in the world’s largest energy consumer.
Oil prices finish on a mixed note Monday, with Brent crude edging down and U.S. benchmark crude settling barely higher for the session as OPEC reported a fall in October member output but a U.S. government ...
Crude oil prices consolidated on Monday continuing to form a bull flag pattern which is a pause that refreshes higher. News that OPEC raises its demand forecast helped prices remain buoyed. Inventory levels for products such as heating oil and gasoline remain low which is keeping a bid under the oil markets. Technical Crude continued … Continue reading Crude Oil Price Analysis for November 14, 2017
Recently we have spoken about surges in Fuel Energy commodities such as Crude Oil and even more notably Natural Gas along with related flows and trading volumes in linked ETPs such as UGAZ (VelocityShares 3X Long Natural Gas ETN, Expense… Read more ›
Investing.com - Crude prices were a bit lower to start the week on Monday, slipping from their strongest level in more than two years amid indications that U.S. producers will ramp up output to take advantage of the recent rally.
Investing.com - Oil prices settled a bit lower on Friday, with a recent rally finally showing signs of slowing after closely-watched data showed an uptick in U.S. drilling activity.
___ Tax split between House, Senate poses a big challenge The House and Senate tax overhaul plans are broadly similar, but crucial differences are creating headaches for Republican leaders. They're determined ...