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Oil Daily Review March 13, 2018

Oil Daily Review for March 13, 2018

Oil prices retreat as data point to continued gains in U.S. output

Oil prices settled with a loss on Monday, giving back part of the sharp gains seen in the previous session as recent data showed a rise in weekly U.S.

 

U.S. shale oil output forecast to climb by 131,000 barrels a day in April: EIA

Shale crude-oil production from seven major U.S. oil plays is expected to see a climb of 131,000 barrels a day in April to 6.954 million barrels a day

 

WTI Crude Oil and Natural Gas Forecast March 13, 2018

The WTI Crude Oil market has been noisy during Monday trading, falling significantly but finding buyers later in the day. I think at this point, it looks as …

 

Markets look onto US inflation, looking for more direction; Yen weakens on political turmoil

We had a mixed close from the US yesterday, and even Asia this morning lacked significant direction. As we move into Tuesday we are awaiting some high impact data later today from the US, with inflation data for February hitting the wires.

 

Technical Forecast for Crude Oil, Gold Price, DAX, Dow Jones & More

Today, we looked at the contracting price action in crude oil, heavy-trading in gold, and outlook for global equity indices.

 

Technical Forecast for Crude Oil, Gold Price, DAX, Dow Jones & More

Today, we looked at the contracting price action in crude oil, heavy-trading in gold, and outlook for global equity indices. -Subscribe to DailyFX: https://w…

 

Have a nice trading!




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