US crude oil futures settle at $49.23/BBL
The US crude oil futures contract is settling the day at $49.23/BBL. That is down -$0.29 or -0.79% on the day. The high for the day reached $50.22. The low extended to $49.03. The contract today tested the 38.2% of the move up from the August low at ...
Crude oil futures up on global cues
Hindu Business Line
Crude oil rose 0.62 per cent to Rs. 3,228 per barrel in futures market today as speculators engaged in creating speculative positions, taking positive cues from global markets. At the Multi Commodity Exchange, crude oil for delivery in May was trading ...
Oil gives up early gains as US output worries linger
Where WTI Crude Oil Could Settle this Week
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Crude Oil Futures - Weekly Outlook: April 24 - 28 By Investing.com
Investing.com - Oil futures settled lower for the fifth session in a row on Friday, extending losses to the weakest level in around three weeks as signs of further ...
Oil ends below $50 as US rig count continues to climb
Oil futures fell on Friday, with the U.S. benchmark ending below $50 a barrel and notching a weekly loss of roughly 7%. The latest weekly rise in active U.S. oil rigs offered another sign of further growth in U.S. crude production, casting doubts that ...
Don't Believe The Hype: Oil Markets Far From Recovery
Oil Mixed in Thursday Trade
Oil Falls Below $50 as Surging U.S. Output Undermines OPEC Cuts
US crude oil futures settle at $49.62/BBL
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Crude Oil And A Retreat That Makes Sense
Last week in my article entitled, Crude Oil Approaches Resistance, I explained why at above $53 per barrel, nearby NYMEX crude oil futures were likely to run into lots of selling that would take the price back to the $50 level. Last week, May NYMEX ...
Oil futures settle mixed as rising US production weighs
Oil suffers suffer largest one-day loss in six weeks
An unexpected weekly climb in U.S. gasoline supplies—the first in about two months—had fueled earlier losses, which worsened amid volatile trading tied to Thursday's expiration of the May West Texas Intermediate crude contract. WTI prices dropped ...
Crude oil futures plunge to Rs. 3374 per barrel
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Crude Oil Futures Could Breach Key Resistance of $55 per Barrel
WTI (West Texas Intermediate) crude oil (ERX) (ERY) (XES) futures contracts for May delivery rose 0.1% to $52.4 per barrel in electronic trade at 4:45 AM EST on April 19, 2017. US crude oil prices are trading near a one-month high. Likewise, broader ...
China Revives Plan To Launch Shanghai Crude Oil Futures
Earlier this year, China was thought to have indefinitely postponed plans to launch a new oil futures contract, but it's looking now like it is having a change of heart, and is preparing to launch a Shanghai crude oil futures contract as early as in ...
China plans Shanghai crude oil futures launch in H2 2017 - sources
US crude oil futures settle at $52.41/BBL
Looking at the daily chart below, the price remains above the 100 day MA at $51.64 and the 50 day MA at $51.43, but is below the highs for the year at the $55.00 area. A move below the MAs would be more bearish technically. Staying above keeps the ...