Baker Hughes oil rig count rises -7 in the current week
Baker Hughes rig count for the week shows: Oil rigs up 7 at 488 Natural gas rigs down -2 at 99 Total rigs +4 at...
Tag : Oil
GEOPOLITICs today: Zelenskiy meets with US envoy Kellogg. Putin talks with Saudi about oil
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and...
US crude oil futures settled $72.57
US crude oil futures settled at $72.57, gaining $0.32 (+0.44%) on the day. Prices ranged between a low of $71.76 and a high of $73.10....
Weekly crude oil inventory build of 4.633M vs estimate 3.144M
Crude oil 4.633M vs estimate of 3.144M. Gasoline -0.151M vs estimate of -0.006M Distillates -2.051M vs -1.634M estimate Cushing _1.472M vs a gain of 0.872M...
Brent Oil Price Forecast: Supply Concerns and Technical Analysis
Supply concerns are supporting Brent crude oil prices. OPEC+’s decision on whether to maintain or adjust oil supply cuts beyond April is uncertain, with factors...
Oil – private survey of inventory shows a larger headline crude oil build than expected
more to come — Expectations I had seen centred on: Headline crude +2.2 mn barrels Distillates -3.5 mn bbls Gasoline +0.8 mn — This data...
Long yields, U.S. dollar and oil
There’s a new scorecard by which to measure President Donald Trump ‘s economic prowess, according to Gavekal Research. Roughly one month into Trump’s return to...
CAD Slipped on Headline CPI but Rebounded on Oil and Core Inflation
Canadian inflation ticked higher in January, but core pressures stole the spotlight on Tuesday. Headline CPI edged up 0.1% on the month, pushing the annual...
Chart Art: WTI Crude Oil (USOIL) Approaching Wedge Resistance
WTI crude oil has been on a bullish run so far this week, but are the rallies about to hit a roadblock soon? Or is...
Trump said he may not let Venezuela export oil, petroleum products, via firms like Chevron
Trump said he may not let Venezuela export oil and petroleum products via companies like Chevron “We’re looking at that now” Less oil (like cutting...