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WTI Retakes $48.00 ahead of Fedspeak, API The barrel of West Texas Intermediate is back around the $48.00 mark after deflating to the $47.50 region. WTI off 2016 highs The recovery of crude oil prices has lifted the WTI to levels last seen in October 2015 around $48...
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Roberto Jacobs, 17 May 2016, 15:53 #WTI
Oil Price Gains Underpin Sentiment A mostly positive session in Asia as the upside in energy prices coupled with some marginal gains in Apple shares helped to underpin risk sentiment...
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Roberto Jacobs, 17 May 2016, 14:10
Crude Oil Prices Remain in the Limelight – Danske Bank Senior Analyst at Danske Bank Morten Helt has assessed the recent price action in crude oil...
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Roberto Jacobs, 17 May 2016, 11:48 #crude oil
Why Should Oil Bulls be Cautious? Production drop in United States to 8.8 million barrels/day, close to 1.8 million per day production drop in Canada due to wildfire and outages in countries like Libya, Nigeria is fuelling the rise in oil prices. WTI is currently trading at $48...
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Roberto Jacobs, 17 May 2016, 11:35
Crude Prices Surge to Fresh 2016 Highs Brent and WTI crude oil prices have sharply extended their advance to fresh 2016 highs on this first day of the new week by approx. 3 per cent each so far...
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Roberto Jacobs, 16 May 2016, 20:25
WTI Climbs Further Near $48.00 Crude oil prices area extending the upside momentum at the beginning of the week, boosted by a weak greenback and Goldman Sachs news. WTI up on GS, USD, Nigeria The barrel of West Texas Intermediate is hovering over the upper-$47...
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Roberto Jacobs, 16 May 2016, 16:30 #WTI
Oil Rises above $47.00 Mark to a Fresh 6-Month High WTI crude oil futures kicked-off the fresh trading week on a strong footing, moving back above $47.00/barrel mark for the first time since early November 2015 on bullish comments from a leading investment banker...
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Roberto Jacobs, 16 May 2016, 11:42
Oil Bounces Over 1% on Goldman Sachs Comments Oil benchmarks on both sides of Atlantic resumed its recent upsurge after a brief drop seen last Friday, in response to the optimistic comments from long-time bear Goldman Sachs on oil fundamentals...
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Roberto Jacobs, 16 May 2016, 08:28
How Saudi Arabia Benefits From Low Oil Prices By Elvin Mirzayev, CFA, FRM On June 19, 2014 Brent oil futures closed at $115.06, its highest level for the year. After that, oil prices started to free fall and as of March 12, 2015 oil was trading around $58 per barrel...
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Diamond Ashiegbu, 16 May 2016, 03:45
Oil Retraces a Bit from 6-Month Highs ahead of US Retail Sale Data On the last trading day of the week, WTI crude oil futures is consolidating around $46.00 mark after its remarkable recovery from weekly low level of $43.00 to a six-month high level of $47.00 touched yesterday...
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Roberto Jacobs, 13 May 2016, 12:26
Oil Corrects Lower ahead of Rigs Count Data, OPEC Report Oil benchmarks on both sides of Atlantic corrected lower on the final trading day of this week, reversing course from fresh 2016 peaks reached in the previous session on improved demand outlook...
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Roberto Jacobs, 13 May 2016, 07:53
Oil Climbs to Fresh 2016 Highs, Eyeing Levels Beyond $47.00 Mark WTI crude oil futures maintained its strong bid tone since yesterday, lifting the commodity to a fresh 2016 high level of $46.90...
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Roberto Jacobs, 12 May 2016, 14:05
Oil Prices Flying High – Deutsche Bank Research Team at Deutsche Bank, suggests that yesterday was another strong day for Oil with WTI climbing another +3.52% higher to close just above $46/bbl (at $46.23/bbl to be precise) and in turn surpassing the highest close this year set last month...
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Roberto Jacobs, 12 May 2016, 13:23
Oil Output Disruptions to Erode Surplus, Demand May Surprise: IEA - Reuters According to a headline via Reuters, the International Energy Agency (EIA) was quoted on Thursday that Unplanned disruption to oil production in the likes of Canada, Nigeria or Libya could help run down a global overhang...
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Roberto Jacobs, 12 May 2016, 10:57
Oil Building on its Strength above $46.00 Mark Extending its Wednesday's sharp recovery from sub-$44.00/barrel mark, WTI crude oil is now comfortably trading above $46.00 level at day's peak of $46.35...
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Roberto Jacobs, 12 May 2016, 09:02
Oil Rallies After EIA Reports Drop in US Stockpiles Oil prices turned higher and spiked to fresh highs near $46.00 a barrel, after the US Energy Information Administration (EIA) reported crude oil inventories unexpectedly dropped last week...
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Roberto Jacobs, 11 May 2016, 17:15
Oil Recovery Drags USD/CAD Further Below 1.2900 Level Tracking recovery in crude oil prices, the USD/CAD pair has now dropped back below 1.2900 handle to currently trade near day's through level at 1.2875...
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Roberto Jacobs, 11 May 2016, 14:17
Oil Recovery Now Eyeing $45.00 Level Ahead of EIA Inventory Data After dipping back below $44.00/barrel mark, WTI crude oil future recovered sharply to currently trade at the high point of the day at $44.80...
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Roberto Jacobs, 11 May 2016, 13:54
WTI Bounces Off Lows, Back Above $44.00 Crude oil prices have reverted the initial negative tone and are now climbing nearly 2% above the $44.00 mark. WTI stronger ahead of API Prices for the barrel of West Texas Intermediate have recovered the $44...
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Roberto Jacobs, 10 May 2016, 16:33 #WTI
FxWireProShort Term Outlook: Brent may Decline to $37/barrel Global benchmark, Brent crude is likely to decline further from current $44/barrel level as supply pressure to build up further...
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Roberto Jacobs, 10 May 2016, 15:17