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Crude Oil - WTI Crude Oil Forecast: Stalling at 50-Day EMA
(MENAFN- Daily Forex) The West Texas Intermediate Crude Oil market initially tried to rally on Wednesday but stalled just below the $80 level, and perhaps even more importantly, the 50-day EMA ...
US to auction to sell 32 million barrels of crude oil from 4 SPR sites
The sale of SPR oil, which is mainly blended sour crude, is expected to depress the value of US sour crude Mars and benefit buyers in Asia which processes mainly high-sulphur oil.
Oil Traders Pile Into $70-a-Barrel Longer-Term Crude Price
Oil traders are betting that longer-term crude prices could be set to spike because of a lack of investment in future supply.Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business ...
Column: Asia's crude oil imports to rebound in November amid SPR uncertainty: Russell
Asia's imports of crude oil are likely to have rebounded in November to the highest this year amid pre-winter buying by top consumers and despite widespread disquiet among buying countries over high ...
Oil slips awaiting OPEC+ response to U.S.-led crude release
Oil prices ticked lower on Thursday with investors waiting to see how major producers respond to the emergency crude release by major consuming countries designed to cool the market, even as data ...