Oil futures were higher Thursday as an emerging risk premium over the situation in Syria countered further signs of an economic slowdown in Asia and rising U.S. inventories...
Weekly price is on bearish market condition for ranging between 42.18 support level and 54.27 resistance level. Chinkou Span line is located to be below the price and indicating the ranging condition to be continuing...
Crude oil futures recovered along with global stock markets on Tuesday, while gold continued its decline...
On Wednesday U.S. oil futures edged higher after data showed that U.S. stockpiles dropped more-than-expected last week, eliminating worries over the global supply glut...
On Wednesday oil prices were lower as downbeat Chinese manufacturing data added to growing concerns about the economy of the world’s second-biggest crude buyer...
Ichimoku analysis. Weekly price is on ranging market condition within the following key s/r levels: 42.18 key support level located far below Ichimoku cloud in the bearish area of the chart; 69.57 key resistance level located inside Ichimoku cloud in the ranging bullish area of the weekly chart...
West Texas Intermediate oil futures rebounded from the previous session's steep declines on Monday, amid indications U.S. oil drillers are cutting back on production following a collapse in prices over the summer...
Oil prices rose by around one per cent on Monday as US drilling slowed and analysts estimated that $1.5 trillion worth of planned American production investment was uneconomical at prices of $50 per barrel or lower...
Goldman Sachs lowered its forecast for 2016 to $45 from $57 while allowing “the possibility” of $20 oil. It was stated that the bearish trend will be continuing for crude oil...
Weekly price is on bearish market condition for ranging between 42.18 support level and 54.27 resistance level. Chinkou Span line is located to be below the price and indicating the bearish trend to be continuing...
OPEC trimmed estimates for supplies from outside the group in 2016 as the U.S. shale-oil industry suffers...
Does U.S. Economy View Cheap Oil as Doom or Boom? IEA Sees Oil Supply Outside OPEC Falling by Most Since 1992. U.S. shale yield to contract by 400,000 barrels a day in 2016. Saudi safeguard of piece of the overall industry is having `intended impact'...
Daily price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price is on bearish ranging between 54.27 resistance and 42.18 support levels; price is breaking daily support at 47.39 for the bearish trend to be continuing...
Oil prices were down slightly on Monday as traders start to position ahead of economic growth data from the eurozone due out this week...
On Thursday crude-oil futures were lower, but the market was subdued with Chinese traders away from their monitors for national holidays...
Oil topped the greatest three-day pick up in 25 years after OPEC said it's prepared to converse with other worldwide makers to accomplish 'reasonable costs' and the U.S. government decreased its unrefined yield gauges...
On Friday crude-oil futures extended gains in Asia trading day after U.S. growth numbers helped prices rally overnight and the Chinese turmoil seems to calm down with the Shanghai Composite index currently trading up 4.34...
Oil fates encouraged Thursday on the heels of a U.S. securities exchange move, with U.S. costs bouncing back from over six year lows prior this week to exchange above $42 a barrel. Costs likewise saw bolster a day after information demonstrated a decrease in week by week U.S...
