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Oil Daily Review May 16, 2018

Oil Daily Review for May 16, 2018

Trading Outlook for Gold Price, Crude Oil, DAX, S&P 500, and More

In this session, we checked in on several major markets and the technical/trading outlook; gold range, oil still bullish, indices bullish but lack conviction.

 

Oil prices end modestly higher amid Middle East tensions

U.S. oil settled higher Tuesday as tensions in the Middle East helped to extend gains in crude futures. West Texas Intermediate crude for June deliver

 

WTI Crude Oil and Natural Gas Forecast May 16, 2018

The WTI Crude Oil market had a volatile session during trading on Tuesday, initially trying to go higher but finding enough resistance at the $72 level to tu…

 

Crude Oil Prices May Be Topping, IEA Report and Inventory Data Due

Crude oil price technical positioning hints a top may be taking shape. A monthly report from the IEA and official inventory flow data line up

 

Cheer Up


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Have a nice trading!




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