crude oil

Following strong sales over the prior week, crude oil prices were higher this week in response to the latest data from the Energy Information Administration showing that US crude oil inventories declined by 5.3 million barrels. [shortcode-variables slug="act_tradeideas"] Breakdown of the data for the week ending September 7th US crude...

2018-09-13 James Harte Read more
crude oil

The latest report from the Energy Information Administration showed that US crude oil inventories last week fell back to their lowest levels since 2015. In the week ending August 31st, commercial US crude stocks shrank by 4.3 million barrels to 401.49 million barrels. [shortcode-variables slug="act_tradeideas"] Trade Concerns Weigh Despite ...

2018-09-07 James Harte Read more
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