Oil prices have once again fallen back to the $40 mark as the EIA bearish data that dampened optimism in markets For Global Energy Alert members there are now two new free reports available in your dashboard. The first of these reports is on how to interpret stock charts and the second outlines the three biggest mistakes made by traders today. Friday, July 24th, 2020 Oil fell back to around $40 for WTI and $43 for Brent – familiar territory for the market over the past few weeks. The EIA’s data for this week was more downbeat, dashing hopes of positive momentum. Still, crude remains stable and steady at around $40, trapped between coronavirus fears on the downside, and improving fundamentals on the upside. Goldman: More M&A to come. The Chevron (NYSE: CVX) purchase of Noble […]