Brent Oil Steals the Show as Hedge Funds Leave US Crude Aside
That has kept the U.S. oil benchmark trading at a discount to its longer-dated futures. This market structure, known as contango, is typical of a glut because some buyers are willing to pay more for future deliveries to avoid storage and insurance ...
Crude oil prices stable as market conditions tighten despite rising US output
Oil Price Fundamental Daily Forecast – Rebalance May Be Under Way
Oil up 3% as $US falls, US rig count drops
Crude oil futures - weekly outlook: August 21 - 25
Investing.com - Oil prices settled sharply higher on Friday, jumping about 3% in a surprise rally amid reports of a unit shutdown at one of the largest oil refineries in the U.S., as well as data showing a weekly fall in the number of active domestic ...
Four Reasons Why Crude Oil Could Head For A New High In 2017- The Calculus Of Crude
Projecting the future price of crude oil is a complex science. There are so many variables that include supply and demand fundamentals, technical factors, economics, politics, and others that all combine in a complicated equation when it comes to the ...
US Gasoline Inventories Pressured Gasoline and Crude Oil Futures
Oil prices end higher after three-session streak of declines
Oil Futures Rally on Tightening Market
US Crude Oil Futures Are near 3-Week Low: What's Next?
The API (American Petroleum Institute) released its crude oil and gasoline inventory report on August 15, 2017. It reported that US crude oil inventories fell by 9.2 MMbbls (million barrels) from August 4 to August 11, 2017, which was the biggest draw ...
Crude oil futures - weekly outlook: August 14 - 18
Oil holds at 3-week low as traders brace for US supply data
Oil futures remain higher as US crude supplies fall more than expected
Crude oil futures settle at $47.59 /bbl
US crude oil futures are settling the day down -$1.23 or -2.52% at $47.55. The high price extended to $49.16 but has seen a sharp reversal from the highs of $49.16.. Influences in the market today include: Fear of slower Chinese demand. China's oil ...
Oil & Gas Financial Journal
Forecasting crude oil futures
Oil & Gas Financial Journal
On today's market, WTI crude oil futures (ticker symbol CL) can be bought and sold for up to nine years in advance. This is a significant change compared to the first CL contracts that started trading on NYMEX in March 1983 with the farthest delivery ...
Crude oil futures settle at $48.82 /BBL
On the topside, the high yesterday also stalled at a trend line. Going into next week, those trend lines will help define the key support and resistance levels for crude oil - break above (so asking for a break of the $50) is more bullish. Break below ...
Oil Futures Point To Higher Oil Prices
For much of the past three years, the oil futures market has been stuck in a state of contango – a situation in which oil contracts for the next month are trading at a steep discount compared to oil futures that would expire in six or twelve months. It ...
Crude oil futures climb to Rs. 3172 per barrel
Crude Oil Futures Fell despite OPEC's Meeting and API Data
Oil prices rise on inventory drop amid geopolitical tensions
Crude Oil Futures - Weekly Outlook: July 31-August 4
Oil prices settled higher for the fifth session in a row on Friday to log its biggest weekly gain this year as investors cheered signs that rising demand will offset excess supplies in the second half of the year. The U.S. West Texas Intermediate crude ...
Will Crude Oil Futures Fall from 2-Month Highs?
Crude oil just had its best week this year, yet analysts see little hope for further gains
Oil ends 6-day win streak on renewed glut fears