Oil Daily Review for April 16, 2018
|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 traded to the highest level since 2014 this week on escalating geopolitical tensions that could lead to supply shocks while IEA says demand|
|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 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|
|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 Inc. NOV, +0.69% warned that first-quarter revenue would miss current expectations, as customers deferred deliveries and delaye|
Have a nice trading!