Crude oil futures - weekly outlook: August 21 - 25
Elsewhere on Nymex, gasoline futures for September rose 3.7 cents, or about 2.3%, to end at $1.634 on Friday. It closed around 0.7% higher for the week. September heating oil finished up 3.8 cents, or 2.4%, at $1.620 a gallon, ending roughly 0.9% lower ...
Oil ends sharply higher, with US prices down a third week in a row
“This is a monster refinery—the second largest oil refinery in the United States,” said Phil Flynn, senior market analyst at Price Futures Group, adding that it has a capacity of 584,000 barrels a day. “The loss [according to the unconfirmed reports ...
Gold Up, Pushes Above $1300, On Safe-Haven Buying
Meantime, Nymex crude oil futures are slightly higher after hitting a three-week low Thursday. Rising U.S. shale production has weighed on the oil market late this week. A bearish weekly low close in Nymex crude oil futures on Friday would hint that ...
Oil Futures Reverse Higher
DTN The Progressive Farmer (registration) (blog)
NYMEX September WTI futures settled up 31cts at $47.09 bbl, reversing off a fresh three-week low of $46.46 bbl after testing support at $46.23, the 50% retracement point for the June to July uptrend. The September WTI futures contract expires Tuesday ...
Four Reasons Why Crude Oil Could Head For A New High In 2017- The Calculus Of Crude
The ubiquitous nature of crude oil is why so many people are interested in its future price direction. In June 2014, the price of NYMEX crude oil futures was north of $107 per barrel, and it proceeded to fall to lows of $26.05 on February 11, 2016. In ...
Oil Futures Rally on Tightening Market
Oil prices settle lower as US output hits 2-year high
2017 Crude Oil Macro Market Dynamics
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 - weekly outlook: August 14 - 18
The weekly rig count is an important barometer for the drilling industry and serves as a proxy for oil production and oil services demand. Elsewhere on Nymex, gasoline futures for September rose 1.0 cent, or about 0.6%, to end at $1.613 on Friday. It ...
Oil futures remain higher as US crude supplies fall more than expected
Oil holds at 3-week low as traders brace for US supply data
UPDATE: Oil settles at 3-week low as OPEC and US crude output grow
Oil prices extend losses as investors await OPEC news
Oil prices fell for a second straight session in volatile trade Tuesday as investor sought details from an OPEC meeting to discuss a deal to further cap crude oil production. The cautious mood overshadowed reports that Saudi Arabia is planning to scale ...
Oil Futures Slip on OPEC Doubts
Oil Prices Choppy Ahead of OPEC Meeting
UPDATE: Oil prices rise moderately on reports of Saudi cuts to Asia sales
Crude oil futures - weekly outlook: July 31 - August 4
For the week, WTI gained $3.94, or about 8.5%, while Brent rose $4.46, or roughly 9.3%, the largest such jump since early December, as fresh pledges from Saudi Arabia and Nigeria to respectively pull back on exports and output boosted sentiment. Data ...
Crude oil prices fall on surprise inventory build, OPEC doubts
Oil Edges Down After Bearish Stock Forecast
Crude Oil Fails To Hold USD50 As OPEC Output Rises
Crude oil futures - weekly outlook: July 24 - 28
Elsewhere on Nymex, gasoline futures for August slumped 4.2 cents, or about 2.7%, to end at $1.563 on Friday. It still closed about 0.2% higher for the week. August heating oil finished down 2.8 cents, or 1.8%, at $1.515 a gallon, ending about flat for ...
OPEC and Non-OPEC Meeting Impacts Crude Oil Futures
Oil Futures Mostly Higher Monday
Oil jumps to 7-week high as OPEC raises hopes of market rebalancing