CL=F - Crude Oil Nov 18
| Pre. Settlement | N/A |
| Settlement date | 2018-10-22 |
| Open | 70.20 |
| Bid | 70.70 |
| Last price | 70.32 |
| Day's range | 69.98 - 71.80 |
| Volume | 836,559 |
| Ask | 70.83 |
- Oilprice.com•3 hours ago
Why Peak Oil Demand Doesn’t Matter
A new report predicts that peak oil demand won’t occur until the 2030s, but the oil industry will remain a vital part of the economy through 2050
- Oilprice.com•5 hours ago
Here’s What’s Next For Russian LNG
Russia’s risk-averse energy sector is receiving a nudge from Novatek, which is aiming to significantly boost Russian LNG production and shipping capacity
- FX Empire•21 hours ago
AUD/USD Price Forecast – Australian dollar dips to end the week
The Australian dollar has rallied over the last several days but did see a lot of negativity heading into the US session on Friday. With the dip, we tested the 0.7250 region, before finding a little bit of buying pressure.
- FX Empire•22 hours ago
Bitcoin – Bulls Look for a Weekend Rally and $7,000 Levels
Bitcoin hits resistance at $6,800 in the early hours to pullback to $6,700 levels as the bulls go in search of $7,000.
- Investing.com•yesterday
Crude Oil Prices Settle Higher After Report Triggers Output-Hike Scares
Investing.com - WTI crude oil prices settled higher Friday, as traders cheered signs of tightening U.S. output, though sentiment was soured by a report suggesting major oil producers were ready to discuss plans to ramp up output.
- Investing.com•yesterday
Oil Prices Mixed as Investors Look to Weekly Oil Rig Numbers
The Organization of the Petroleum Exporting Countries (OPEC) and Russia and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of Iranian supplies. The sanctions, which are expected to go into effect on Nov. 4, have already caused Iran’s crude exports to fall.
Market Realist•yesterdayMarathon Oil Has Risen ~27% in 2018
Marathon Oil (MRO) has seen a strong rally in the past month. The company has risen ~15% from its lows of $19 in August. The recent rally in Marathon Oil could be due to the gains in crude oil prices and a slight improvement in the price differentials. Global supply concerns including Iran sanctions and a decline in US inventories continue to drive the positive momentum in crude oil prices. US crude oil went past $71 per barrel on September 19. Overall, WTI has risen ~10.0% from its August lows.
- Oilprice.com•yesterday
Iran Starts Air Force Drills Near The World’s Crucial Oil Chokepoint
Amid rising tensions in the region, Iran’s air force started fighter jet drills on Friday near the Strait of Hormuz, one of the world’s most crucial oil chokepoints
Market Realist•2 days agoIs the Midstream Space Ignoring Oil’s Rise?
On September 13–20, major energy ETFs had the following correlations with US crude oil November futures: the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 95.2% the VanEck Vectors Oil Services ETF (OIH): 71.6% the Energy Select Sector SPDR ETF (XLE): 69.3% the Alerian MLP ETF (AMLP): -44.4%
- Market Realist•2 days ago
Oil Prices Pause before OPEC and Non-OPEC Members Meet
On September 20, US crude oil November futures fell 0.6% and settled at $70.32 per barrel ahead of OPEC and non-OPEC members’ meeting. On the same day, the Energy Select Sector SPDR ETF (XLE) was unchanged. The S&P 500 Index (SPY) and the Dow Jones Industrial Average Index (DIA) rose 0.8% and 1% on September 20. Mute energy stocks might have helped these indexes rise. In Part 3 of this series, we’ll analyze US crude oil’s relationship with these equity indexes.
- Investing.com•2 days ago
Crude Oil Prices Higher on Supply Worry, as Trump Asks OPEC to Lower Prices
Investors were also looking ahead to weekly data on the oil rig count, which comes out later in the session.
- Barrons.com•2 days ago
Oil Bulls Should Be Worried About a Trade War
Sanctions on Iran and woes in Venezuela will reduce supplies of oil, but U.S. tariffs on No. 1 energy consumer China could shrink demand.
- Investing.com•2 days ago
Oil Prices Slip as Trump Urges OPEC to Lower Prices
Investing.com - Oil prices edged down on Friday in Asia after U.S. President Donald Trump called for OPEC to lower crude prices ahead of their upcoming meeting in Algeria on Sunday.
- Oilprice.com•2 days ago
Iran: We Won’t Let OPEC Boost Production
As oil prices continue to rise and Trump once again attacks OPEC, all eyes are on the Algiers meeting this weekend, but Iran is set to veto any moves by Russia or Saudi Arabia to boost production
- Oilprice.com•2 days ago
Investors Back Brent To Break $80
After a few weeks of trending upwards, Brent crude is now looking likely to break the $80 mark as investors and traders grow increasingly bullish
- Investing.com•2 days ago
Crude Oil Prices Settle Lower as Trump Calls on OPEC to 'Get Prices Down'
Investing.com - WTI crude oil prices settled lower Thursday after President Donald Trump demanded OPEC find a way slash oil prices.
- Market Realist•2 days ago
Analyzing Natural Gas–Weighted Stocks’ Returns
On September 12–19, our list of natural gas–weighted stocks rose 7.4%, while natural gas October futures rose 2.8%. On average, natural gas–weighted stocks outperformed natural gas futures during this period.
- Oilprice.com•2 days ago
Will Canada’s $30 Billion Megaproject Be Approved?
After removing almost all obstacles, the consortium behind the $30 billion LNG Canada project is about to make a final investment decision
- Oilprice.com•2 days ago
European Nations Backing Hydrogen As Viable Alternative
Despite all the buzz around electric vehicles and lithium-ion energy storage, hydrogen is seeing support grow in Asia and Europe as the automotive industry and policy makers are growing more enthusiastic about the fuel
Market Realist•2 days agoNatural Gas–Weighted Stocks: Oil Could Be Important
The natural gas–weighted stocks under review that are sensitive to US crude oil November futures’ movements based on their correlations in the last five trading sessions are: Southwestern Energy (SWN) at 96.2% Chesapeake Energy (CHK) at 75% Range Resources (RRC) at 31.6%
Market Realist•2 days agoGas-Weighted Stocks Might React to Natural Gas’s Fall
On September 19, natural gas October futures fell 0.9% and settled at $2.908 per MMBtu (million British thermal units). Concerns surrounding natural gas’s demand might have dragged active natural gas futures from the highest closing level since August 23.
Market Realist•2 days agoUS Crude Oil above $70 Might Help Oil-Weighted Stocks
On September 19, US crude oil November futures rose 1.7% and closed at $70.77 per barrel—the highest closing level for active US crude oil futures since July 13. In the last trading session, the S&P 500 Index (SPY) and the Dow Jones Industrial Average Index (DIA) rose 0.1% and 0.6%, respectively.
- Oilprice.com•2 days ago
Oil Prices Slip After Trump Slams OPEC On Twitter
Oil prices fell on Thursday morning after U.S. President Donald Trump took to twitter again and lashed out at OPEC for pushing oil prices higher
- Investing.com•2 days ago
Oil Turns Lower After Trump Demands Lower Prices
Investing.com - Crude prices turned lower on Thursday, after U.S. President Donald Trump took another swipe at global oil producers.
- The Telegraph•3 days ago
UK oil company M&A reignited by deals worth half a billion pounds
UK oil company M&A reignited by deals worth half a billion pounds
