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Oil Daily Review July 12, 2018

Oil Daily Review for July 12, 2018

Weekly Technical Perspective on the Crude Oil Prices

Crude has turned from up-trend resistance and leaves the broader rally at risk near-term. Here are the key price levels that matter on the Crude


Trump has access to a little-used tool that could lower oil prices | Markets Insider

President Donald Trump has repeatedly expressed concerns about energy costs. Rising gas prices could create a political headache for Republicans ahead of …


U.S. oil prices lose 5%, drop back toward $70 a barrel

U.S. oil prices dropped back toward $70 a barrel on Wednesday, losing 5% to finish at their lowest in over two weeks. The Energy Information Administr


U.S. oil prices pare losses after EIA reports a weekly plunge in U.S. crude supplies

U.S. oil prices pared much of their earlier losses Wednesday after the Energy Information Administration reported that domestic crude supplies plunged


WTI Crude Oil and Natural Gas Forecast July 12, 2018

The WTI Crude Oil market has fallen drastically during the trading session on Wednesday, losing 4.5% as I record this. The market looks very vulnerable, as L…


Asia AM Digest: USD Up, Crude Oil Prices Fall. Stocks Vulnerable

Fears of a trade war that may damage global growth sent the US Dollar surging higher as crude oil prices fall. Even if calm ensues


Oil pinned to lows, WTI near $70.50

Oil prices headed south on Wednesday and WTI prices have been pinned to new lows after knocking into the 70.00 major handle. West Texas is now broodin


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