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Oil Daily Review February 13, 2018

Oil Daily Review for February 13, 2018

India Says Yes To Oil, Once Again

Despite pro-electric vehicle political statements, India is reinvesting in oil.

 

Oil Prices Snap Bearish Sequence, OPEC Sees Rebalanced Energy Market

Crude oil prices snap a three-day losing streak as the Organization of the Petroleum Exporting Countries (OPEC) insists the energy market will be rebalance in

 

Oil cracks $60 after OPEC report says 2018 will be a year of higher demand

West Texas Intermediate oil and Brent Crude were above $60 after OPEC said it expects higher oil demand this year. Last week’s selloff took oil off its 20…

 

Oil prices post a slight gain, but settle near the session’s low

Oil edged up Monday, tracking gains in the U.S. stock market after a drop last week, but prices for the U.S. benchmark still settled near the session’

 

U.S. shale oil output forecast to rise by 110,000 barrels a day in March: EIA

Shale crude-oil production from seven major U.S. oil plays is expected to see a monthly climb of 110,000 barrels a day in March to 6.756 million barre

 

WTI Crude Oil and Natural Gas Forecast February 13, 2018

WTI Crude Oil traders initially rally during the day on Monday, trying to pick up what should have been value. However, the previous uptrend line has offered…

 

Venezuela oil production is plummeting

Venezuela’s oil production fell to a new, 30-year low in January, excluding a brief strike in 2003, according to OPEC’s monthly report published Monday.

 

Crude Oil Price Rise Fades on US Output Bets, API and IEA on Tap

Crude oil prices saw an intraday bounce undone by forecasts for faster US output growth. A monthly report from the IEA and API inventory data

 

Technical Outlook for S&P 500, DAX, US & UK Crude Oil, Gold & More

Today, we discussed whether indices can put together a rally, oil’s precarious positioning, and the big hurdle gold is facing.

 

Stock market turmoil has created a make-or-break situation for a group of investors once left for dead

BI PRIME: Wall Street thinks that a much-maligned group of traders could see a comeback as opportunities arise following a stock market selloff.

 

Technical Outlook for S&P 500, DAX, UK & US Oil, Gold & More

Today, we discussed whether indices can put together a rally, oil’s precarious positioning, and hurdles precious metals are facing.

 

Have a nice trading!




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