Oil Daily Review for June 13, 2019
|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.|
|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|
|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|
|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)|
|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…|
|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…|
|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|
|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|
|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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