|Day's range||51.91 - 52.16|
Investing.com - Crude oil prices gained in Asia on Wednesday as industry estimates of U.S. inventories showed a large that expected drop in crude, though products showed gains over expected declines.
Investing.com - Crude oil inventories fell by 7.130 million barrels, the American Petroleum Institute (API) said oin Tuesday, more than expected as gasoline stocks rose by 1.94 million barrels and distillates gained 1.64 million barrels missing expectations of declines.
Investing.com – Crude oil prices settled flat on Tuesday as expectations of a ramp up in U.S. production weighed on sentiment while easing conflict in Northern Iraq between Iraqi and Kurdish forces lessened concerns over potential supply disruptions in the region.
The American Petroleum Institute reported Tuesday that U.S. crude supplies dropped by 7.1 million barrels for the week ended Oct. 13, according to sources. The API data, however, also showed that gasoline ...
The market anticipates that crude oil inventories at Cushing rose from October 6 to 13. Cushing inventories rose for the ninth time in the last ten weeks.
November US crude oil (UWT)(USL) futures contracts rose 0.8% and closed at $51.87 per barrel on October 16. The global benchmark, Brent crude oil (BNO) futures, rose 1.1% to $57.82 per barrel.
About 36.1% of analysts tracking Whiting Petroleum (WLL) stock have given it a “buy” rating, while 55.5% of them have rated it a “hold.”
Whiting Petroleum (WLL) stock regained its upward momentum last week, rising ~3.7% compared to a 5.0% fall in the previous week.
Investment bank Goldman Sachs sees the current U.S.-Iran standoff and potential new sanctions as a major risk to long-term global oil supply
Investing.com - Gold prices pushed lower on Tuesday, as the dollar strengthened after upbeat U.S. data and amid mounting speculation that the next head of the Federal Reserve could be more hawkish.
On October 16, 2017, natural gas November futures fell 1.8% and closed at $2.94 per MMBtu (million British thermal unit).
Crude oil's price correlation coefficient with Halliburton’s stock price on October 6–13, 2017, was 0.33. There was a weak correlation in the past week.
Baker Hughes (BHI) published its weekly US natural gas rig count report on October 13. Rigs fell by two to 185 from October 6 to 13—the lowest level since September 1.
On October 16, 2017, US crude oil November futures rose 0.80% and closed at $51.87 per barrel, the highest closing price since September 28, 2017.
From October 9–16, 2017, our list of oil-weighted stocks fell 0.70% compared to a 4.6% rise in US crude oil (DBO) (USL) November futures.
Investing.com - Crude prices were relatively flat on Tuesday, pausing for breath after rallying to the highest level in around three weeks in the prior session due to worries over escalating violence between Iraqi troops and Kurdish forces near Kirkuk.
Investing.com - Crude oil prices fell in Asia on Tuesday on profit taking after sharp gains on geopolitical tensions in Iraq and Iran stoked buying.
Crude oil prices settled higher as investors digested the implications of President Donald Trump's decision on Friday to formally decertify the nuclear deal with Iran. Elsewhere, Iraqi forces seized areas ...
Brent oil prices rose on Monday morning after Iraqi troops seized oil fields around Kirkuk, leading to a shutdown of around 350,000 barrels per day
Kuwaiti Oil Minister Al-Marzouk has said that OPEC and its partners might not need to extend the output cut deal beyond March 2018
Reports of skirmishes between Iraqi troops and Kurdish armed forces in the vicinity of Kirkuk on Sunday sent oil prices higher on Monday morning
The Zacks Analyst Blog Highlights: Denbury Resources, Abraxas Petroleum, Bill Barrett and Northern Oil and Gas