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Oil Daily Review November 8, 2018

Oil Daily Review for November 8, 2018

Crude Oil Boosted on OPEC Jawboning, NZD Soars Ahead of RBNZ – US Market Open

Crude Oil Boosted on OPEC Jawboning, NZD Soars Ahead of RBNZ – US Market Open


Colorado rejects drilling restrictions, sending oil explorers soaring (APC, NBL) | Markets Insider

Colorado voters in Tuesday’s midterms rejected Proposition 112, which would have restricted oil exploration in the DJ Basin. Oil explorers that operate in…


WTI Crude Oil and Natural Gas Forecast November 8, 2018

The WTI Crude Oil market continues to fall lower, breaking significantly below the $62.50 level during the Wednesday session. I believe that ultimately we co…


AUD/USD coiling beneath 0.7300, but risks are mounting

The AUD/USD is finding itself splashing around near 0.7275 after a run at the 0.7300 level on Wednesday following a decline in the US Dollar following


Oil: Off 8-month lows on talk of OPEC output cut

The sell-off in oil prices has likely stalled, possibly due to reports stating that Russia and Saudi Arabia have started discussions over possible cur


China oil imports on a daily basis hit all-time high in October – Reuters News

China’s crude oil imports in October rose to 40.80 million tonnes, which amounts to 9.61 million barrels per day, an all-time high based on Reuters ca


Gold, Crude Oil Prices May Accelerate Lower on Upbeat FOMC

Gold and crude oil prices may accelerate downward as an upbeat statement from the Federal Reserve boosts rate hike speculation and sends the US Dollar


Have a nice trading!

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