Despite Oil's Plunge, Enterprise Products Closed the Week Flat
Enterprise Products Partners (EPD) was up 0.1% last week—the week ended April 21, 2017. The Alerian MLP ETF (AMLP) fell 0.5%, marginally underperforming EPD. In comparison, the NYMEX near-month WTI crude oil futures price plunged 6.7% ...
Commodities Are Mixed and Gold Is Weaker in the Early Hours
At 7:10 AM EST on April 24, the West Texas Intermediate crude oil futures contract for June 2017 delivery was trading at $50.02 per barrel—a gain of ~0.89%. The Brent crude futures contract for July 2017 delivery rose ~0.84% to $52.88 per barrel. The ...
Oil gives up early gains as US output worries linger
Oil Investors Raise the Bet on Higher Prices and Lose
Crude Oil Prices Recover Ground, Sellers Looking For Fresh Opportunity
The man who called crude's collapse three years ago now sees this
In late 2014, when crude oil was vacillating between roughly $60 and $80 a barrel, Tom Kloza of the Oil Price Information Service called for a plunge in crude prices over the next year. He was right — crude's value per barrel was nearly slashed in ...
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
Prices then held on to their losses after Baker Hughes BHI, -3.06% reported another weekly rise in the U.S. oil-rig count. June Brent crude on London's ICE Futures exchange LCOM7, +0.98% lost $1.03, or 1.9%, to $51.96 a barrel—ending 7% lower for the ...
Oil prices influence every beat: Resources for reporters
Oil Mixed in Thursday Trade
Don't Believe The Hype: Oil Markets Far From Recovery
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 ends mixed, with US prices down as domestic output concerns persist
On the New York Mercantile Exchange, May WTI crude CLM7, -0.79% fell 17 cents, or 0.3%, to settle at $50.27 a barrel. The May futures contract expired at the session's end. the new front-month contract, June WTI CLM7, -0.79% ended at $50.71, down 14 ...
NYMEX Crude Oil Prices Made a U-Turn
Oil could be a big factor Thursday after slump
Commodity wrap: Crude oil, silver futures fall; nickel gains
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
For Oil's Future, Peer Through the Hedges
The chart below shows the net short position of swap dealers in Nymex crude oil futures and options. This is a proxy for hedging activity by E&P companies (which generally use swaps dealers to establish their hedging positions). The lower the number ...
Crude Oil Approaches Resistance
Everyone was bearish on the price of oil when it was moving lower in early March. Many analysts were calling for a test of $45 or $42 per barrel on the nearby NYMEX futures contract. The pundits were citing cheating by OPEC, massive Russian production, ...
Crude Oil Futures Could Break $55 per Barrel
Crude oil futures slide for second session
Oil Higher in Wednesday Morning Trade