News Oil Reviews 

Oil Daily Review June 12, 2019

Oil Daily Review for June 12, 2019

Oil technical analysis: WTI is under pressure below $54.30 a barrel

Oil daily chart WTI (West Texas Intermediate) is under bearish pressure below $55.00 a barrel and its main simple moving averages (SMAs). Oil 4-hour c

 

EIA cuts forecasts on oil prices and U.S. crude-oil production

The U.S. Energy Information Administration reduced its forecasts for oil prices and U.S. crude-oil production, according to its Short-term Energy Outlook…

 

Legacy Reserves to file for bankruptcy as oil and gas price downturn prompts financial restructuring

Legacy Reserves Inc.’s stock plunged 42% in active premarket trade Tuesday, after the oil and gas company said it expects to file for bankruptcy, in an…

 

WTI Crude Oil and Natural Gas Forecast June 12, 2019

The WTI Crude Oil market shot higher initially to kick off the day on Tuesday, as we attempt to reach towards the $55 level, which of course is psychological…

 

United States API Weekly Crude Oil Stock climbed from previous 3.545M to 4.85M in June 7

United States API Weekly Crude Oil Stock climbed from previous 3.545M to 4.85M in June 7

 

Oil prices fall as sources say API reports a weekly climb in U.S. crude stocks

The American Petroleum Institute reported late Tuesday that U.S. crude supplies climbed by roughly 4.9 million barrels for the week ended June 7, according…

 

Crude Oil Prices at Risk on US CPI and EIA Inventory Data

Crude oil prices may fall as US CPI data speaks to slowing economic growth while EIA inventory data points to oversupply even as output is reduced.

 

Canadian Dollar Risks Larger Pullback from Crude Oil Price Reversal

Canadian Dollar Risks Larger Pullback from Crude Oil Price Reversal

 

Cheer Up


Image courtesy: i.ebayimg.com

Have a nice trading!




Related posts