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Uco: taking profit on wti crude, to re-enter on dips
The recent performance of the ProShares Ultra Bloomberg crude Oil ETF has underperformed our initial e...
March 2, 2023, 4:59 am
Oil holds gains on china rebound, even as u.s. crude stocks rise
By Emily Chow bsSINGAPORE (Reuters) – Oil prices inched up in early Asian trade on Thursday, extending gains from the previous two sessions on signs...
March 2, 2023, 2:51 am
Oil holds gains on china rebound, even as u.s. crude stocks rise
Oil prices inched up in early Asian trade on Thursday, extending gains from the previous two sessions on signs of a strong economic rebound in China, ...
March 1, 2023, 9:48 pm
Wti crude oil futures settled at $77.69
WTI crude futures are settling the day at $77.69. That's up $0.64 or 0.83%.
Looking at the dai...
March 1, 2023, 7:55 pm
Wti crude oil futures settles at $77.69
WTI crude futures are settling the day at $77.69. That's up $0.64 or 0.83%.
Looking at the dai...
March 1, 2023, 7:55 pm
Crude oil couldn’t care less about “fundamentals”
Instead, here’s historic evidence it adheres to Elliott waves By Elliott Wave International If there’s one financial market that investors evaluat...
March 1, 2023, 4:45 pm
Eia weekly crude oil inventories +1165k vs +457k expected
- Prior was +7648k
- Gasoline -874K vs +464K expected
- Distillates +179K vs -462K expected
- Refinery utilization -0.1% vs -0...
March 1, 2023, 3:30 pm
U.s. oil futures mark highest finish in nearly 2 weeks
U.S. benchmark crude-oil prices on Wednesday settled at their highest in almost two weeks, after the Energy Information Administration reported a 1.2 ...
March 1, 2023, 2:51 pm
Oil market gripped by fears from u.s., europe and growth optimism in asia, analyst says
Viktor Katona, lead crude analyst at Kpler, gives his outlook for oil markets in 2023 as regions recove...
March 1, 2023, 10:12 am
Usd/cad slips below 1.3600 mark amid rising oil prices, broad-based usd weakness
USD/CAD meets with a fresh supply on Wednesday and is pressured by a combination of factors. Rising crude ...
March 1, 2023, 9:59 am
Crude oil price forecast – crude oil markets continue to churn back and forth
Crude oil markets have rallied initially during the trading session on Wednesday but have shown signs of hesitation as we gave up those gains....
March 1, 2023, 9:59 am
Oil rises as chinese factory bounce boosts demand outlook
By Erwin Seba (Reuters) – Oil prices rose for a second day on Wednesday as reports of expanding manufacturing activity in China, the world’s bigge...
March 1, 2023, 9:30 am
Crude oil price forecast: chinese pmi’s & weaker usd offer a lift for crude oil
Brent crude and WTI crude oil have benefitted from a ris...
March 1, 2023, 8:55 am
Oil prices fall as inventory worries outweigh upbeat china data
Oil futures slipped to begin March, after an industry group reported another large jump in U.S. crude i...
March 1, 2023, 7:44 am
Crude oil price update – strong rebound on china growth hopes
“China’s economic recovery will drive its demand for commodities higher, with oil positioned to benefit the most.” -JPMorgan analysts The post...
March 1, 2023, 5:44 am
Goldman's currie has high confidence in oil price spike in 12-18 months
Jeff Currie, global head of commodities research at Goldman Sachs, sees crude reaching back above $100 ...
March 1, 2023, 5:28 am
Oil prices rise as china factory gains boost demand outlook
By Erwin Seba (Reuters) – Oil prices rose for a second day on Wednesday as reports of expanding manufacturing activity in China, the world’s bigge...
March 1, 2023, 2:36 am
Oil - private survey of inventory shows much larger build than was expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Via Twitter:
Expec...
February 28, 2023, 9:38 pm
Wti crude oil settles 1.8% higher ahead of private inventory data
I've had a few rants lately about leaks about the private inventory data that's released late on Tuesdays. Generally they've been selloffs that hav...
February 28, 2023, 7:39 pm