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Oil Daily Review August 2, 2019

Oil Daily Review for August 2, 2019

US Dollar Index technical analysis: Powell brings DXY up and Trump spoils the bull party


Oil technical analysis: WTI collapse below $55 barrel as Trump adds fuel to the trade war fire


USD/CAD technical analysis: Bouncing from daily lows as crude oil takes a dive


Oil futures drop ahead of the settlement as U.S.-China trade tensions worsen

Oil futures saw a steep drop Thursday ahead of the day’s settlement, with U.S. prices falling by more than 7%. In a tweet, President Donald Trump threatened…


Chesapeake Energy’s stock tumbles as oil prices slide

Shares of Chesapeake Energy Corp. tumbled 10.5% in active afternoon trading Thursday, weighed by a sharp selloff in crude oil prices. The stock was now…


WTI Crude Oil and Natural Gas Forecast August 2, 2019

For additional up-to-date Forex Trading information: News (, Technical Analysis (…


Trump Threw Another Sucker Punch, Markets in Turmoil & Bitcoin Skyrocketed

Donald Trump has escalated the war with China and the only question is how bad the retaliation action going to be for the US economy, the dollar index and for the global growth. There is a reason why Bitcoin is going to move higher


Crude Oil Price Slumps After US Increase Chinese Trade Tariffs

The US-China trade war took another negative turn Thursday after US President Donald Trump announced that he would be slapping a 10% tariff on an additional $300 billion of Chinese imports at the start of next month.


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