Search Results for: oil
Elliott Wave Analysis: EURUSD, Silver and Crude oil
September 27th, 2017
Elliott Wave Analysis: EURUSD, Silver and Crude oil EURUSD may see a bounce in the near-term at least in three waves as five wave decline from Sep 22nd high and divergence on RSI suggest that bottom may not be ...
Brent oil edges up, near 26-month high amid supply concerns
September 27th, 2017
Brent oil prices rose on Wednesday, hovering around a 26-month high hit in the previous session, after U.S. data showed an unexpected drop in crude stocks as refineries boosted output and amid threats from Turkey to cut crude exports ...
Oil prices holds gains as producers say market rebalancing
September 25th, 2017
Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in Vienna said the market was well on its way towards ...
Oil prices mixed ahead of OPEC meeting on supply cut extension
September 22nd, 2017
Oil prices were mixed in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day. International benchmark Brent crude ...
Oil rises after Iraq signals possible OPEC cut extension
September 20th, 2017
Oil rises after Iraq’s oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories. U.S. West Texas Intermediate ...
Oil markets were firm on Monday and remained near multi-month highs reached late last week
September 18th, 2017
Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. rigs drilling for new production fell and refineries continued to start up after getting knocked out by Hurricane Harvey. ...
Oil prices eased on Thursday
September 14th, 2017
Oil prices eased on Thursday, but held on to most of their gains in the previous session when the market was buoyed by a forecast for firmer global oil demand by the International Energy Agency. London Brent crude for ...
Oil prices dip as traders assess U.S. hurricane impact
September 12th, 2017
Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the wake of Hurricane Harvey that should lead to more crude oil processing. ...
Oil prices edges up as Saudis discuss extending supply cut
September 11th, 2017
Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. News of the talks on Sunday helped offset downward ...
Oil prices rise on sharp drop in U.S. production as hurricanes bite
September 8th, 2017
Oil prices rose on Friday as U.S. crude production was hit harder by Hurricane Harvey than expected, with the even bigger storm Irma heading for Florida and threatening to cause more disruption to the petroleum industry. U.S. West Texas ...
