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Tag: Crude Oil WTI

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Zero duty imports from Nepal become major concern for Darjeeling’s tea and edible oil industry
“Zero duty imports of Nepal tea cannot be stopped under SAFTA. What is required is more stringent checking by the administration so that cheap quality Nepal teas do not reach the consumers in the name of Darjeeling tea,” Kaushik Basu,… Read full article
11.06.2021
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United States CFTC Oil NC Net Positions climbed from previous 491.3K to 510.5K
United States CFTC Oil NC Net Positions climbed from previous 491.3K to 510.5K Read full article
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Market Extra: How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy
Bond investors fear a return of wildcatting and other risky moves by energy companies if oil prices continue to shoot higher during the COVID recovery. Read full article
2d ago
Oil
marketwatch.com
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Commodities Corner: Here’s what sparked the latest talk over $100 oil prices
A rise in oil prices to $100 a barrel isn’t very likely anytime soon, analysts say, but traders are still placing bets on a price spike tallying as much as 30% by the end of 2022. Read full article
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WTI oil: TRADING RECOMMENDATIONS
WTI oil is traded in the bull market zone  (see also    "Fundamental Analysis and Recommendations" ) Therefore , the decline to the support levels 69.02, 68.00, 66.35, 64.00 provides an opportunity to build up long positions.  A breakdown of… Read full article
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Futures Movers: Oil rises further above $70 as IEA sees global demand returning to pre-pandemic levels in 2022
Producers will need to increase output to keep up with demand recovery, the International Energy Agency said on Friday. Read full article
2d ago
Oil
marketwatch.com
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WTI retests $70.50 after IEA says oil demand to surpass pre-pandemic levels by end-2022
Global oil demand to reach pre-virus level next year. OECD industry stocks in April fell 61.3 million (mln) barrels below their 2016-2020 average to 2 Read full article
2d ago
fxstreet.com
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Crude Oil Futures: Probable correction lower
Considering flash readings from CME Group for crude oil futures, open interest shrank for the fourth session in a row on Thursday, now by around 4.5K Read full article
3d ago
Oil
fxstreet.com
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Saudi Arabia to supply full July crude oil volumes to buyers in Asia – Reuters
Saudi Arabia is expected to supply full crude oil volumes to buyers in Asia next month, Reuters reports, citing sources with knowledge of the matter. Read full article
3d ago
Oil
fxstreet.com
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WTI Price Analysis: Bulls consolidate below $70.00 mark
Crude oil pares some gains on the last trading day of the week on Friday. The prices stick around the $70 level after touching the YTD high at $70.50 Read full article
3d ago
fxstreet.com
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