Oil Daily Review June 13, 2019
Oil Daily Review for June 13, 2019
Crude Oil Price Reverses from Key Resistance: $50 in Store?
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Bears have taken control of Crude Oil Prices over the past six weeks, but sellers may have just found a stumbling block at a confluent area of Fibonacci support. |
USD/CAD breaks above 1.3300 as the recovery strengthens and crude oil tumbles
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The Canadian Dollar is among the worst performers of the American session weakened by the ongoing sell-off in crude oil prices. The WTI barrel is movi |
OPEC+ still expected to roll over oil supply cut of 1.2 mln bpd beyond June – Reuters
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Citing OPEC sources familiar with talks, Reuters reported that OPEC+ was still expected to roll over the oil supply cut of 1.2 million barrels per day |
EIA: Commercial crude oil inventories increased by 2.2 million barrels from previous week
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In its weekly petroleum report for the week ending June 7, the Energy Information Administration (EIA) announced that the commercial crude oil invento |
United States EIA Crude Oil Stocks Change above expectations (-0.481M) in June 7: Actual (2.206M)
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United States EIA Crude Oil Stocks Change above expectations (-0.481M) in June 7: Actual (2.206M) |
U.S. oil prices settle at their lowest in about 5 months
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U.S. oil futures fell on Wednesday, settling at their lowest in roughly five months as government data revealed a second straight weekly climb in domestic… |
Oil prices extend losses as EIA reports a second weekly rise in a row for U.S. crude supplies
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The Energy Information Administration on Wednesday reported that U.S. crude supplies climbed by 2.2 million barrels for the week ended June 7. That marked a… |
Dow heads higher in morning trade, tries to avoid second straight drop as oil prices slump
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U.S. stock indexes on Wednesday bounced around at the open, with the Dow attempting to avoid falling for a second session in a row as appetite for assets… |
Crude Oil Prices Spike on Possible Oil Tanker Attack in Gulf of Oman
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Crude Oil Prices Spike on Possible Oil Tanker Attack in Gulf of Oman |
USD/CAD extends slide toward 1.33 as oil recovery gathers momentum
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After closing the first three days of the week in the positive territory, the USD/CAD pair turned south on Thursday with the commodity-sensitive looni |
Oil is surging after a suspected torpedo attack on 2 tankers in the Gulf of Oman | Markets Insider
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The price of oil surged on Thursday after a suspected torpedo attack on two tankers in the Gulf of Oman. West Texas Intermediate crude jumped 3%, while… |
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