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xResearch

Active Member
Apr 9, 2017
1,537
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#31
Oil dips on rising U.S. crude inventories, high OPEC supplies

Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high supplies from producer club OPEC revived concerns of a fuel supply overhang. Click here for more
 

xResearch

Active Member
Apr 9, 2017
1,537
1
38
#32
Oil rises 1.6% to 6-week high, closing at $47.12, after big drop in US crude, gas stockpiles

U.S. commercial crude inventories fell by 4.7 million barrels in the week to July 14, compared with analysts’ estimates for a 3.2 million barrel decline. Click here for more
 

xResearch

Active Member
Apr 9, 2017
1,537
1
38
#33
U.S. oil prices open above $50 for first time since May, but headwinds persist

U.S. oil opened above $50 per barrel for the first time since late May on Monday, supported by strong fuel demand, but ongoing high supplies from producer club OPEC kept prices from rising further. Click here for more
 

xResearch

Active Member
Apr 9, 2017
1,537
1
38
#34
Analysts say a swath of positive news the past two weeks, such as ebbing U.S. inventories and slowing production, has lifted investor confidence in oil, which has been in the doldrums due to a large, persistent supply glut. That upbeat mood has helped push the U.S. benchmark back above $50 a barrel for the first time in two months.
 

xResearch

Active Member
Apr 9, 2017
1,537
1
38
#35
Oil prices tumble 2%, settling at $49.16, after reports of rising output from Saudi-led oil cartel
Oil prices plunged back below $49 a barrel on Tuesday after more reports that OPEC's output rose last month despite the cartel's deal to slash production. Click here for more
 

xResearch

Active Member
Apr 9, 2017
1,537
1
38
#36
Oil dips on high OPEC supplies, defying falling U.S. crude stocks

Oil dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually tightening U.S. market. Click here for more
 

xResearch

Active Member
Apr 9, 2017
1,537
1
38
#37
Asian markets continue to fall as geopolitical risks escalate

Oil prices plunged back below $49 a barrel on Tuesday after more reports that OPEC's output rose last month despite the cartel's deal to slash production. A wave of selling washed over many Asian stock markets Thursday, with low volumes likely amplifying the effects of the rhetorical battle between the U.S. and North Korea. “There was obviously some profit-taking after a couple of weeks of strong performance,” said Bertram Lai, head of equities at CIMB Securities in Hong Kong. Click here for more
 

ACA

Member
Apr 9, 2017
187
0
16
#38
15 August 2017

Oil Prices Slip As Chinese Crude Demand Loses Momentum
Slowly but surely, what we have claimed for the past year - that it is the demand side of the oil equation, not the supply, and especially the "Chinese wildcard" that is the critical factor in setting prices - is starting to emerge and be factored in by markets. And so, just days after we posted Click here for more
 

ACA

Member
Apr 9, 2017
187
0
16
#39
Oil prices edge up on falling U.S. crude stocks, but global glut still weighs
Oil prices edged up on Wednesday on a fall in U.S. crude inventories, although markets were still being weighed down by general oversupply. Click here for more
 

xResearch

Active Member
Apr 9, 2017
1,537
1
38
#40
Oil edges up on decline in crude stocks, but high production caps gains
Oil prices edged up early on Thursday, clawing back some ground after losses in the previous session. Traders said the market was range-bound as falling crude inventories provided price support while high output was capping gains. Click here for more