Oil Inventory Report: Crude Oil Rose on Global Cues
Oil inventory report: Crude oil futures gains on fresh positions created by speculators. Click here for more! – Wibest Broker
Oil inventory report: Crude oil futures gains on fresh positions created by speculators. Click here for more! – Wibest Broker
Oil Inventory Report: Price decline on trade battle despite the sudden fall in US crude inventories. Click here now! – Wibest Broker
Gold Exchange rates held firm as US-China trade talks await. Want to know more? Click here now! – Wibest Broker
OIL INVENTORY REPORT – On Tuesday, oil prices trimmed down their gains after global measures of Brent crude strengthened above $73 a barrel. Meanwhile, doubts rose as Venezuelan President Nicolas Maduro wants uprising on possibilities of hitting the country’s crude exports as the market grew less. As military backing were called by Venezuelan opposition leader …
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OIL INVENTORY REPORT – After the Energy Information Administration reported the first reduction in crude stocks in four weeks, oil trading weakened. On the last trade session of the US Crude Oil WTI Futures it traded at $63.80. Meanwhile, Brent Oil futures were at $71.61 untouched. Higher than the previous 1.2 million-barrel drop of crude …
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OIL INVENTORY REPORT – Brent slipped further away from the $70 mark after topping that level during the previous session, while West Texas Intermediate (WTI) crude was also slumped, dragged down by concerns over trade negotiations. Brent crude futures for front-month delivery lost 26 cents, or 0.5 percent, hitting $69.4 per barrel. Last session, it …
Oil Inventory Report: Oil Slips, Headed for Gains this Week Read More »
TRADE AGREEMENT- On Wednesday, the Asian Development Bank said additional momentum could not be possible, as slow down of Asia’s growth development in 2019 continues. Economic risks increased with the trade war between the US and China and a potentially disorderly Brexit. This year, growth of 5.7 is expected on the 45 countries in the …
Trade Agreement: Possible slowdown in 2019 due to Brexit Read More »
OIL INVENTORY REPORT – The most recent major auction for oil and gas leases in the US Gulf of Mexico gained $244 million in high bids. This shows an uptick in interest from drillers that are seeking the region’s cheap prices. Companies submitted bids on1.26 million acres out of the 78.5 million acres (31.77 million …
Oil Inventory: Auction for Oil and Gas Lease Sees Uptick Read More »
BRENT – Brent crude futures slipped on Tuesday as the markets prepared for low demand growth for fuel, with the OPEC-led cuts on production still managing to buoy the market. Brent crude futures traded at $65.36 per barrel in the session, 0.5 percent down from the last session, losing 31 cents. Meanwhile, Us West Texas …
Brent: Oil Prices Slump on Lackluster Demand Outlook Read More »
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Due to concerns over the apparent economic slowdown, and in spite of the supply cuts by oil cartel OPEC and US sanctions toward Venezuela, oil markets plummeted on Friday. US West Texas Intermediate (WTI) crude futures stood at $52.20 per barrel. This was 44 cents lower than the previous close, or 0.8 percent. Last session, …
Oil Prices Slump of Economic and Political Risks Read More »
Here are the most recent forex currency pairs movements, along with charts. Check them out and keep yourself updated! USDCNH The pair will face a steep decline with the formation of the “Death Cross”. Yesterday, February 05, was the celebration of the Chinese New Year and also the start of the remaining 25 days that …
Daily Market Charts and Analysis February 6, 2019 Read More »
The US dollar retained its recent gains versus its major peers on Tuesday, backed by a recovery in investor’s risk appetite, which gave an overnight boost to US yields. The Australian dollar gained, recouping earlier losses, after the Reserve Bank of Australia (RBA) held rates at record lows at its first meeting of the year …