CL=F - Crude Oil Dec 19
| Pre. Settlement | N/A |
| Settlement date | 2019-11-20 |
| Open | 55.16 |
| Bid | 53.81 |
| Last price | 57.11 |
| Day's range | 54.76 - 57.25 |
| Volume | 20,010 |
| Ask | 58.50 |
- Zacks
Oil Price Gains 3.4% for the Day: What's Behind the Rise?
The federal government's EIA report revealed that crude inventories rose by 1.4 million barrels, compared to the 1.6 million barrels increase that energy analysts had expected.
- FX Empire
Commodity Focus: Crude Oil, Gold and Coffee
Focus on crude oil and gold as trade deal progress remains illusiveThe prospect for a “phase one” trade deal between the US and China received a major setback yesterday after the U.S. Senate passed the Hong Kong Human Rights and Democracy Act.
- Evening Standard
Jeremy Corbyn's plans for a windfall tax on oil slammed by industry chiefs
The oil industry today slammed Labour leader Jeremy Corbyn’s proposals for a one-off tax on UK oil companies.Under the plans announced by Corbyn in Birmingham, oil companies will face a windfall tax under Labour as his party pledged to make the UK carbon neutral by 2030.
- FX Empire
Bowing To Bipartisan Pressure
It looks like President Trump is bowing to bipartisan pressure, where he is expected to sign the Hong Kong bill into law according to the latest headlines. Sentiment remains exceptionally cautious amid heightened trade uncertainty around this latest event, potentially complicating the US-China trade outlook.
- Oilprice.com
Gas Prices Languish As Storage Falls To Near-Record Lows
Natural gas inventories are remarkably low just ahead of winter season, and despite some large storage injections at the end of summer, declining drilling and rising export volumes make for a tight market
- Investing.com
Oil Prices Slip After Jumping Nearly 3% in Previous Session
Investing.com - Oil prices slipped on Thursday in Asia after jumping nearly 3% in the previous session.
- Oilprice.com
Can Iraq Become A World Class Petrochemicals Player?
Given its tremendous oil and gas reserves, Iraq could become a mayor petrochemicals player, but corruption and competition and geopolitical instability have proven to be major stumbling blocks
- FX Empire
Gold Price Prediction – Prices Consolidate as Fed Minutes Show FOMC is on Hold
Momentum is poised to turn positive
- FX Empire
S&P 500 Price Forecast – Stock Markets Do Little On Wednesday
The S&P; 500 initially fell during trading on Wednesday but turned around just above the 3100 level to show signs of resiliency again. The 3100 level makes sense, it’s a large, round, psychologically significant figure.
- FX Empire
Crude Oil Price Forecast – Crude Oil Markets Recover On Wednesday
Crude oil markets recovered during the day on Wednesday, bouncing back towards the 200 day EMA yet again. As the markets recover, it looks as if more of the same is ahead.
- FX Empire
Crude Oil Price Update – Bullish EIA Report Triggers Short-Covering Rally
Based on the current price at $56.31, the direction of the January WTI crude oil market the rest of the session is likely to be determined by trader reaction to the support cluster at $56.17 to $56.08.
- FX Empire
USD/JPY Price Forecast – US Dollar Bounces
The US dollar initially pulled back against the Japanese yen but then turned around to show signs of support. At this point, the market then looks as if we are trying to continue the move higher, but obviously there is a lot of new slow out there that continues to throw risk appetite around.
- Oilprice.com
Oil Prices Higher Despite Bearish Inventory Data
Oil prices inched higher on Wednesday morning after the EIA reported a smaller than expected build in both crude and gasoline inventories
- Zacks
Implied Volatility Surging for Oasis Petroleum (OAS) Stock Options
Investors need to pay close attention to Oasis Petroleum (OAS) stock based on the movements in the options market lately.
- Financial Times
China ramps up coal power in face of emissions efforts
equivalent to the EU’s entire capacity, as the world’s biggest energy consumer ignores global pressure to rein in carbon emissions in its bid to boost a slowing economy. Across the country, 148GW of coal-fired plants are either being built or are about to begin construction, according to a report from Global Energy Monitor, a non-profit group that monitors coal stations. While the rest of the world has been largely reducing coal-powered capacity over the past two years, China is building so much coal power that it more than offsets the decline elsewhere.
- Oilprice.com
Forget OPEC: China Now Moves The Oil Markets
The time that OPEC rhetoric caused huge volatility in oil markets is long gone and in today’s well supplied market, it’s economic powerhouses like China that influence the price of oil
- Investing.com
Oil Prices Steady Despite Rising Crude Inventories
Investing.com - Oil prices steadied on Wednesday despite rising crude inventories and intensifying Sino-U.S. trade tensions.
- FX Empire
Silver Price Forecast – Silver Markets Continue Forming Support
The silver markets rallied a bit during the trading session on Tuesday, breaking above the highs of the last couple of days in a sign of strength. However, we haven’t exactly exploded to the upside so there still are a lot of questions when it comes to silver.
- Oilprice.com
Goldman: Go Long On Fracking
Goldman Sachs is advising its clients to go long on oil, predicting that falling output could help boost prices in a year or two
- Investing.com
Oil Prices Amid U.S.-China Trade Jitters
Investing.com - Oil prices fell on Tuesday in Asia amid more U.S.-China trade jitters.
- Oilprice.com
The Race To Develop A 50 Billion Barrel Oilfield
China has clearly become the preferred partner to help develop Iran’s Namavaran field which could contain up to 53 billion barrels of crude oil
- Oilprice.com
Houthis Rebels Hijack Saudi Ship Carrying Oil Rig
The Iranian-aligned Houthis in Yemen have seized a vessel that was towing a South Korean drilling rig that was in the Red Sea
- FX Empire
US Stock Market Overview – Stocks Close at Fresh Records, Energy Bucks the Trend
The Russell 200 bucked the trend
- Oilprice.com
Iraq’s Largest Oil Fields Threatened By Anti-Government Protests
Anti-government protests in Iraq have spread from Baghdad to Basra as protesters block roads leading to five oil fields and the key export terminal in the country
- Oilprice.com
Oil Majors Go On $27 Billion Selling Spree
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total $27.5 billion
