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Oil Daily Review May 15, 2019

Oil Daily Review for May 15, 2019

Oil Traders Are Largely Unfazed By Drone Attack On Saudi Pipeline

Saudi Arabia halted operations on its 5 million barrel per day East West Pipeline while investigations are ongoing.

 

Oil Prices Jump as Crude Clings on to Technical Support

Crude prices climbed modestly early Tuesday after an attack on Saudi oil pipeline infrastructure was reported. Will the gains help solidify a base above $60/bbl?

 

Crude Oil Prices Surge on Saudi Pipeline Attacks, GBPUSD Underperforms – US Market Open

Crude Oil Prices Surge on Saudi Pipeline Attacks, GBPUSD Underperforms – US Market Open

 

Oil Technical Analysis: WTI range play is intact near $62.00 a barrel

Oil daily chart WTI (West Texas Intermediate) is in consolidation mode after having peaked just above $66.00 a barrel. In the last seven days, the mar

 

WTI Crude Oil and Natural Gas Forecast May 15, 2019

The WTI Crude Oil market rallied slightly during the trading session on Tuesday, showing signs of resiliency again. Looking at the chart, it appears that we …

 

United States API Weekly Crude Oil Stock up to 8.6M in May 10 from previous 2.806M

United States API Weekly Crude Oil Stock up to 8.6M in May 10 from previous 2.806M

 

Oil prices fall as API data reportedly show a surprise weekly climb in U.S. crude supply

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 8.6 million barrels for the week ended May 10, according to sources….

 

Oil Bulls Won’t Get Lasting Support From Perceived Iranian Risk Premium

Crude market bulls are almost aching for an upside from a Middle Eastern flare-up but its chances remain remote.

 

Crude Oil Prices Fail to Benefit from Middle East Tensions

Crude oil prices still look more likely to move lower than higher as news of a surprise increase in US inventories outweighs continuing turbulence in the Gulf.

 

Dow Jones at 200-day; Crude Oil, Gold Price Charts & More

The Dow is trading around the widely-watched 200-day while crude oil wobbles at support and gold tries to maintain an upward trading bias. #dow #crudeoil #go…

 

Have a nice trading!




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