News Oil Reviews 

Oil Daily Review August 12, 2019

Oil Daily Review for August 12, 2019

China Might Not Buy American Oil. So What?

Panjiva Research thinks U.S. oil exports will find a new home if China “bans”. Meanwhile, Nomura sees a much weaker yuan.

 

Oil Markets Could See Volatility, Arbitrage As Shipping Fuel Shifts

The global shipping industry is less than six months away from a U.N. deadline requiring its fuel to emit 85% less sulfur. While the switch improves air quality in port cities, moving to low and ultra-low-sulfur fuel oil could create crude oil price volatility and widespread arbitrage.

 

Big Oil Still Gets That Wall Street Money

As the price of WTI lingers in the low $50 range, investors in American shale operations must consider if they want to stay in that game.

 

Yuan Fixing Game & Saudi Oil Cut Won’t Work; Gold Speculators Not Ready To Sell

The current relief rally for the global stocks is triggered due to the optimism that the currency war may not see the daylight. However, speculators aren’t convinced for a number of reasons and ready to draw more blood

 

When It Comes To Oil Prices Today, It’s China, China, China

The oil market moves today based on President Trump’s tweets about trade negotiations and China’s responses to U. S. actions.

 

Weekly Crude Oil Technical Outlook: Tough Road Ahead

Oil has been quite weak and while a bounce may continue in the very near-term the path of least resistance is likely to remain lower.

 

Crude Oil Prices at Risk as US-China Trade War Sours Growth Bets

Crude oil prices look vulnerable to deeper losses after hitting a seven-month low as US-China trade war escalation sours the outlook for global economic growth.

 

United States Baker Hughes US Oil Rig Count: 764 vs previous 770

United States Baker Hughes US Oil Rig Count: 764 vs previous 770

 

Oil rises sharply on hopes for OPEC cuts, still suffers weekly fall

Oil futures ended the week with a two-day bounce, with West Texas Intermediate crude for September delivery on the New York Mercantile Exchange rising $1.96,…

 

Italy ETF down more than 3% for the week as political turmoil deepens

The iShares MSCI Italy exchange-traded fund slid more than 1% on Friday as the country lurched closer to a snap election and the two ruling coalition parties…

 

Dow Jones, DAX, Crude Oil, Gold Price Charts & More

Global stock markets are poised for a bounce, while crude oil looks headed lower and gold higher after a retracement. #dowjones #dax #crudeoil #goldprice -Su…

 




WTI Crude Oil and Natural Gas Forecast August 12, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

WTI Crude Oil and Natural Gas Forecast August 9, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

Crude Oil Prices Look to US-China Trade War For Direction Cues

Crude oil prices managed an upswing amid reports of a Saudi output cut on Friday, but the US-China trade war is likely to remain the dominant catalyst.

 

Cheer Up


Image courtesy: images-na.ssl-images-amazon.com

Have a nice trading!




Related posts