Will Crude Oil Reach $68 a Barrel in 2018?
Crude oil prices are likely to climb close to $68 per barrel mark in 2018. We believe that oil supply will be hit due to a few geopolitical issues if they play out as we expect. Additionally, though high crude prices will be a strong incentive for the ...
Oil's modest recovery leaves US prices nearly flat for the week
Crude Oil Prices - Weekly Outlook: October 23 - 27
Oil rises on tighter fundamentals - Business News | The Star Online
Oil set for weekly loss on profit-taking
Additionally, crude futures price curves are in backwardation, which makes it attractive to sell produced oil immediately rather than store it for later dispatch. Shipping data in Thomson Reuters Eikon shows that overseas U.S. crude oil shipments have ...
Crude oil futures up Rs 31 on positive Asian cues
Oil rises on tighter fundamentals, but China warning holds back market
Brent crude futures LCOc1, the international benchmark for oil prices, were at $57.45 at 0639 GMT, up 22 cents, or 0.4 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $51.54 per barrel, up 25 cents, or 0.5 ...
Oil Trades Above $51 as Heightened Risk Appetite Props Up Prices
UPDATE 2-Oil prices rise on tighter US market, Middle East tensions
Neither $10 Nor $100: Oil Futures Destined For The Modest Medium-Term Middle
Oil ends lower after 4-session climb sends prices to highest levels in weeks
Oil futures ended lower Thursday, pulling back after four-consecutive sessions of gains lifted prices to their highest levels in weeks. Tensions in Iraq and uncertainty surrounding Iran's nuclear deal have raised the risk to global crude supplies as ...
Oil ekes out 3-week high as US crude supplies drop, but product stocks rise
Oil futures ended with a minor gain Wednesday, barely notching a three-week high, supported by a fourth straight weekly decline in U.S. crude supplies and escalating tensions in the Middle East. But pressure from unexpected increases in petroleum ...
Oil prices flat; weak US demand offsets Mideast tensions
Oil Prices Set for Weekly Loss
Iraq Tensions Put Upward Pressure on Crude Oil Futures
November US crude oil (UWT)(USL) futures contracts rose 0.8% and closed at $51.87 per barrel on October 16. The global benchmark, Brent crude oil (BNO) futures, rose 1.1% to $57.82 per barrel. Prices rose due to the supply outage in Iraq's Kurdistan ...
The Gold-Backed-Oil-Yuan Futures Contract Myth
Just below the headline in the introduction it states, "China is expected shortly to launch a crude oil futures contract priced in yuan and convertible into gold in what analysts say could be a game-changer for the industry". Not long after the Nikkei ...
Crude Oil Divergence And The Case For A New High In 2017
On June 21, the price of NYMEX nearby crude oil futures traded to their lowest level since August 2016 when they hit $42.05 per barrel. Technical support on the weekly chart for the energy commodity stood at $42.20, the November 2016 lows and when the ...
Oil cuts losses by the finish as US crude supplies fall a third week
Will Crude Oil Futures and Wall Street Fall Further?
WTI Crude Oil Ready For A Breakout
Oil prices settle at a more than 1-week high
Crude-oil futures settled higher on Tuesday, as a pledge from Saudi Arabia to reduce monthly crude exports, talk of progress toward a balanced market from OPEC and a hurricane-induced slowdown in crude output lifted U.S. prices to their highest level ...
India Inx to Launch Trading in Crude Oil Futures This Month
Risk Rises With Price In Oil - Those Saudis Better Hurry
Did Oil ETFs Outperform US Crude Oil in the Week Ended October 6?
Rising Demand Will Continue To Drive The Rally In Crude Oil Prices
So, there's really no "spot" price for crude in the Western world, as it doesn't settle on a day of/cash basis. U.S. oil producers are compensated for their output based on the value of the futures contract for the month corresponding to the delivery ...
US oil producers lock in prices after crude's rally
US crude surges 3% to settle at $52.22, best closing price in five months
Oil ends lower on expectations for rising US crude inventories