Oil prices

Image via World Economic Forum Summary: OPEC agrees to limit oil production in the range of 32.5 million – 33.0 million barrels Deal to be formalized at the next OPEC meeting in November US crude oil inventory report posts fourth consecutive week of declines WTI Crude Oil rallies to technical resistance of 47.50 – 47.00 as noted...

2016-09-29 John Benjamin Read more
Crude Oil

NYMEX Oil Futures contracts for October delivery closed 2.80% lower to settle at $46.79 a barrel on Wednesday. Oil prices extended the declines from earlier this week as the weekly crude oil inventories report from the Energy Information Administration (EIA) showed that for the week ending August 19, US crude oil stockpiles increased 2.5 million...

2016-08-25 John Benjamin Read more