News Oil Reviews 

Oil Daily Review January 7, 2019

Oil Daily Review for January 7, 2019

Oil And Gas Industry Will Be On Steady Footing In 2019 Despite Oversupply Risks

New research and projections suggest next 12 months may not be as turbulent for Big Oil as some in the market fear.

 

Crude Oil: After Bull Flush Out, Bounce Likely In Play

Crude oil fell nearly 45% from the October high through December 24. The short side seems to be played out for now as focus turns

 

Dollar, Oil, Loonie, S&P 500 – Reversal Candidates

Reversals are a favorite development for most traders but meaningful examples are also infrequent occurrences

 

United States Baker Hughes US Oil Rig Count: 877 vs previous 885

United States Baker Hughes US Oil Rig Count: 877 vs previous 885

 

EIA: Commercial crude oil inventories stayed virtually unchanged in week ending Dec. 28

Below are some key highlights from the weekly report published by the U.S. Energy Information Administration. U.S. crude oil refinery inputs averag

 

United States EIA Crude Oil Stocks change above expectations (-3.086M) in December 28: Actual (0.007M)

United States EIA Crude Oil Stocks change above expectations (-3.086M) in December 28: Actual (0.007M)

 

Oil futures settle higher, tally first weekly gain in a month

Oil futures settled higher on Friday, logging their first weekly gain in a month. Prices have found support from signs of output reductions among majo

 

Baker Hughes data reveal a weekly decline in the U.S. oil-rig count

Baker Hughes BHGE, +5.02% on Friday reported that the number of active U.S. rigs drilling for oil fell by 8 to 877 this week. That followed two straig

 

WTI Crude Oil and Natural Gas January 7, 2019

The WTI Crude Oil market has rallied significantly during trading on Friday after a stronger than anticipated jobs number out of the United States. This sign…

 

Crude Oil Price Rebound May Struggle on US, China Trade War Fears

Crude oil prices may struggle to extend the recent recovery as tense talks between officials from the US and China cool hopes for trade war

 

Moody’s: oil faces oversupply risk

Moody’s Investor Service, in its annual report, noted that the recent announcement that OPEC and Russia would cut production helps alleviate concerns

 




Oil markets pushing higher, WTI holding $48.50

Crude markets are catching a lift in early Monday trading, sending US WTI barrels upwards of 48.50 as energies traders look to reclaim the 49.00 and 5

 

Goldman Sachs cuts 2019 oil price forecast

The investment bank Goldman Sachs has cut both the Brent and WTI oil price forecast by 2019, according to Bloomberg. Brent is now seen averaging $62.

 

Crude Oil Price Likely to Push Higher on US – China Trade Hopes

Trade negotiations between the US and China are expected to commence today and financial markets are starting to price-in a positive outcome. And that could

 

Have a nice trading!




Related posts