Are Oil Oversupply Concerns Letting Up?
The futures spread at a premium could encourage US oil producers (XOP)(DRIP)(IEO) to engineer different risk management techniques compared to if the futures spread were at a discount. For hedging their output, US crude oil producers follow US crude ...
Is WTI Crude Oil Outdoing Brent?
In the week ended November 10, US crude oil exports were ~1.13 million barrels per day. In 2017 to date, US crude oil exports are up by 0.4 million barrels per day versus the same period last year. Over that period, the Brent-WTI spread expanded by $1 ...
Oil to not see any runaway rally in short term, prices to remain capped at $60
Oil price rises to 2-year high above $58 US on supply slowdown
Sell Crude Oil Ahead Of The November OPEC Meeting
The Relationship between US Crude Oil Inventories and Oil Prices
The EIA (U.S. Energy Information Administration) released its Weekly Petroleum Status Report on November 22, 2017. It reported that US crude oil inventories fell 1.9 MMbbls (million barrels) to 457.1 MMbbls between November 10 and 17, 2017. Inventories ...
Commodities see Weakness in The Early Hours of November 23
Speculations about possible supply cut extensions impacted market sentiment towards crude oil at the beginning of this week, and crude oil started the week on a weaker note. However, reports about falling US crude oil imports and crude oil inventory ...
Base metals: Mentha oil, cardamom rise; crude palm oil falls
Similarly, the oil for delivery in November gained Rs 25.50, or 1.49 per cent to Rs 1,732.70 per kg in 37 lots. Analysts said widening of positions by participants following pick up in demand from consuming industries like pharmaceutical units in the ...
GLOBAL MARKETS-Stocks scale record high, crude oil gains
NEW YORK, Nov 22 (Reuters) - A gauge of global equity performance scaled fresh record highs on Wednesday, propelled by bullish growth and company earnings outlooks, while crude oil prices rose to more than two-year highs. Asia again led global stock ...
Mid-Day Market Update: Crude Oil Down 1%; Northern Technologies Shares Surge After Q4 Results
Midway through trading Monday, the Dow traded up 0.34 percent to 23,438.06 while the NASDAQ climbed 0.03 percent to 6,785.08. The S&P also rose, gaining 0.07 percent to 2,580.69. Leading and Lagging Sectors. On Monday, the non-cyclical consumer goods ...
Marvell - News Release
Marvell Technology Group Ltd. - MRVL - Stock Price Today - Zacks
Venezuela's falling crude oil imports are a 'huge red flag' that could shock the market
Venezuela, one of Latin America's biggest oil producers, has an import problem that could shock the global market and send U.S. refiners on the hunt for replacement supplies. Venezuela's crude production has been steadily declining as the oil-dependent ...
Risk/Reward And Term Structure In The Crude Oil Market Begs For Caution
The price of nearby crude oil futures that trade on the New York Mercantile Exchange division of the CME has rallied from the lowest level of 2017 at $42.05 on June 21 to over $57 per barrel over recent sessions. The price of Brent North Sea crude oil ...
Brent crude oil volatility: November outlook
US crude oil fails to take out 2017 high as a 'cruel' month for energy market begins
Resurgent U.S. output, fueled by higher oil prices early in the year, made it harder for crude exporters to drain brimming global stockpiles. OPEC and other producers including Russia are keeping 1.8 million barrels a day off the market in order to ...