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Oil Daily Review June 18, 2019

Oil Daily Review for June 18, 2019

Oil technical analysis: Black gold sticks to $51.50 a barrel undecided where to go next

WTI (West Texas Intermediate) is in a bear trend trading below its main simple moving averages (SMAs). The price has been coiling around 52.50 since

 

EIA forecasts U.S. shale oil output to climb by 70,000 barrels a day in July

Crude-oil production from seven major U.S. shale plays is forecast to climb by 70,000 barrels a day in July to 8.520 million barrels a day, according to a…

 

Weekly Trade Levels for US Dollar, Euro, Sterling, Aussie, Gold & Oil

https://www.dailyfx.com/forex/video/live_events/2019/06/17/Weekly-Trade-Levels-for-US-Dollar-Euro-Sterling-Aussie-Gold-Oil-FOMC-BOE-Technical-Price-Outlook.h…

 

WTI Crude Oil and Natural Gas Forecast June 18, 2019

The WTI Crude Oil market initially tried to rally during the day on Monday but gave back the gains as we continue to grind sideways overall. This is a market…

 

Crude Oil, Gold Prices Look to Fed Rate Decision for Direction Cues

Crude oil and gold prices are looking ahead to the Federal Reserve policy announcement for direction cues. The balance of risks seems to bode ill for commodities.

 

Cheer Up


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Have a nice trading!




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