Oil Daily Review for June 18, 2019
|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|
|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…|
|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 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.|
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Have a nice trading!