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Oil Daily Review September 11, 2019

Oil Daily Review for September 11, 2019

Hunting Plc Is Not In A Race To The Bottom, Says Oilfield Services Firm’s CEO

In an exclusive interview, Jim Johnson reveals how his company is bouncing back via a healthy mix of organic growth, acquisitions and the oil and gas sector’s new penchant for efficiency gains.


Oil bulls target the $60 handle, although fresh supply fears capping the advance

The price of a barrel of oil has been meeting firm resistance and has dropped over 1% on Tuesday, falling from a high of $58.73 to a low of $57.30 as


USD/CAD finds support near 1.3150 as oil recovery loses momentum

The USD/CAD pair spent the first half of the day moving sideways below the 1.32 handle but came under a renewed pressure during the American trading h


US Pres. Trump fires national security adviser Bolton, oil falls sharply

US President Donald Trump recently announced that he asked national security adviser John Bolton to resign as the national security adviser. The initi


U.S. oil futures finish lower as Bolton’s departure boosts prospects for U.S. talks with Iran

Oil futures settled lower on Tuesday after President Donald Trump fired National Security Advisor John Bolton, boosting the chance of U.S. talks with Iran…


EIA lowers its 2019, 2020 WTI and Brent oil-price forecast

The U.S. Energy Information Administration on Wednesday lowered its 2019 and 2020 price forecasts on West Texas Intermediate and Brent crude oil prices in…


WTI Crude Oil and Natural Gas Forecast September 11, 2019

For additional up-to-date Forex Trading information: News (, Technical Analysis (…


United States API Weekly Crude Oil Stock fell from previous 0.401M to -7.2M in September 6

United States API Weekly Crude Oil Stock fell from previous 0.401M to -7.2M in September 6


Oil prices rise as API data reportedly show U.S. crude supplies down by more than 7 million barrels

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 7.2 million barrels for the week ended Sept. 6, according to sources….


Crude Oil Prices Fell as Trump Fired Iran Hawk Bolton. Now What?

Crude oil prices fell as US President Trump fired hawkish National Security Advisor John Bolton. A barrage of back-to-back event risk now looms ahead.


How Crude Oil Prices React to Weather-Induced Disruption Fears

With increasing volatility in weather patterns, how might storms, hurricanes and floods rattle the supply chain for petroleum-based products and impact crude oil prices?


OPEC cuts 2020 global oil demand growth forecast by 60,000 bpd amid economic slowdown

OPEC in its monthly report on Wednesday announced that it cut its forecast for 2020 global oil demand growth by 60,000 barrels per day to 1.08 million


OPEC lowers oil-demand forecast for 2019, 2020

The Organization of the Petroleum Exporting Countries in its monthly report lowered its forecast of world oil demand in 2019 to growth of 1.02 million…


Have a nice trading!

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