Oil Enters 2020 With Bullish Trend
In today’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of Continue Reading
Oil prices ease on end-of-year profit-taking
Oil futures retreated from three-month highs Tuesday as traders booked profits ahead of the New Year’s holiday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now ICE Continue Reading
Oil Prices Fall on Final Day of 2019
West Texas Intermediate (WTI) and Brent crude oil prices finished lower on the final day of 2019. The February WTI contract price lost 62 cents Tuesday, settling at $61.06 per barrel. Continue Reading
Crude oil futures steady ahead of expected build in US product data
Crude oil futures were steady to slightly lower in mid-morning trade in Asia Tuesday amid expectations of a build in US product stocks data due for release in coming days. Continue Reading
Refined products futures sink on expectations of US stock build
US gasoline stocks likely added 3.7 million barrels last week Gasoline demand slows but stronger cracks incentivize production Brent climbs as Middle East tensions rise Refined product futures settled lower Continue Reading
Oil hits three-month high on upbeat data, Middle East tension
Oil prices rose on Monday to three-month highs, lifted by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle Continue Reading
Will Oil Bulls Rule 2020?
Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. With the New Year already knocking at the door, long-suffering energy investors are looking to put another Continue Reading
How Accurate Were This Year’s Oil Price Predictions?
At the beginning of each year, I make several predictions about the energy sector for the upcoming year. You can see those predictions and read the context at Energy Sector Continue Reading
Thousands trapped on Australian beaches by dangerous bushfires
Thousands swarmed to beaches on Australia’s east coast on Tuesday to escape fierce wildfires bearing down on several seaside towns, as the government readied naval vessels and military helicopters to Continue Reading
Oil steady on upbeat data, Middle East unrest
Oil prices held on to three-month highs on Monday, underpinned by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Continue Reading