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Oil Daily Review April 16, 2018

Oil Daily Review for April 16, 2018

Oil Price Is Highest Since 2014 But Syria’s Geopolitical Black Hole Won’t Be Primary Market Driver

Ongoing tension in the Middle East is contributing to oil price upsides, but is not the main factor influencing futures market sentiment just yet.

 

Crude Oil Bulls Have a Banner Week As Reasons To Be Long Multiply

Crude oil traded to the highest level since 2014 this week on escalating geopolitical tensions that could lead to supply shocks while IEA says demand

 

Oil prices post first weekly gain in three weeks

Oil futures climbed Friday to post gains for the week, holding ground at their highest since early 2014. Prices got a boost on the potential for a U.S

 

Baker Hughes reports second straight in weekly rise in U.S. oil-rig count

Baker Hughes BHGE, +1.37% on Friday reported that the number of active U.S. rigs drilling for oil climbed by 7 to 815 this week. The oil-rig count had

 

WTI Crude Oil and Natural Gas Forecast April 16, 2018

The WTI Crude Oil market continues to try to go higher during the trading session on Friday, but as you can see struggled a bit. The $68 level should continu…

 

National Oilwell Varco warns of revenue miss

National Oilwell Varco Inc. NOV, +0.69% warned that first-quarter revenue would miss current expectations, as customers deferred deliveries and delaye

 

Have a nice trading!




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