Crude oil futures settle at $53.48
Up $0.34 or 0.64% The price of crude oil futures had a modest correction in the price today. The price is settling at $53.48. That is up $0.34 or 0.64%. The… Read more »
Tag: oil
How coronavirus will impact oil markets
The terrible human toll continues to increase. Taking a look at oil though, this via Platts (S&P Global Platts is an energy and commodities information house). Latest (in brief): forecasting… Read more »
Canadian Dollar Forecast Remains Cloudy amid Declining Crude Oil Prices
USD/CAD Rate Forecast Overview: USD/CAD rates have gained nearly 1.6% in January while CAD/JPY rates have dropped by 1.2% amid growing concerns that the Chinese coronavirus will derail global trade…. Read more »
Oil Slammed, S&P Futures Fall; Risk Aversion Runs on Coronavirus Fear
WTI Crude Oil, S&P 500, USD, JPY Price and Chart Analysis: Risk aversion themes continue to drive on fears of Coronavirus spreading. WTI Crude Oil prices have lost as much… Read more »
Oil Markets Gave Up Recent Gains Due to Coronavirus Outbreak
Oil markets gave up the gains they made due to the increasing optimism caused by the signing of phase 1 of the trade deal between the United States and China,… Read more »
Crude Oil Prices Plunge on Coronavirus Latest: Traders Badly Positioned
COT Report: Gold, Silver, Crude Oil, Copper Analysis & News Trader Badly Positioned for Crude Oil Plunge Gold Net Longs Ease Copper Bulls at Risk The Predictive Power of the… Read more »
Crude Oil, S&P 500 Sink as Gold Prices Rally. Market Volatility Back?
The S&P 500 experienced its worst week since the middle of August as fears of the deadly coronavirus spread into financial markets and anti-fiat gold prices rallied. Sentiment-linked WTI crude… Read more »
Crude Oil Price and Time Forecast
As discussed in last analysis Coming week 4134-4140 is a level for gann price time squaring so if we break 4100 we can see fall towards 3969/3900. Bulls have… Read more »
Crude Oil Prices May Struggle Even if Coronavirus Fears Abate
CRUDE OIL PRICE FORECAST: BEARISH Crude oil prices plunge amid worries about coronavirus spread Soft sentiment may limit scope for gains if outbreak risk abates FOMC and BOE rate decisions,… Read more »
Crude oil futures settle at $54.19. A sharp moved lower this week.
Down $1.40 or -2.52% The price of crude oil futures are settling at $54.19. That is down $1.40 or -2.52%. The low for the day reached $53.85, while the high extended to $55.95…. Read more »