Share: Saudi Arabia and Russia extended their crude oil production cuts, reducing supply by 1 million and 300K barrels, respectively. According to a Reuters poll, American...
Share: WTI found support at $85.32 and then settled around $85.50. Investors continue to asses the US’s August NFPs released on Friday. OPEC expected to extend...
Share: Saudi Arabia expected to extend its 1 million bpd output cut into October. Russia agrees with OPEC to cut exports next month. Positive business activity...
Share: WTI crude oil fades bounce off two-week low, sidelined of late. China’s Evergrande files for bankruptcy protection and bolsters debt woes amid economic fears about...
Share: WTI increased more than 1% on Friday and found resistance near $81.30, above the 20-day SMA. US Oil and natural rigs decreased for the sixth...
Share: Natural Gas Price picks up bids to extend late Friday’s rebound from two-week low within bullish chart pattern. Convergence of 50-EMA, falling wedge’s top line...
Share: WTI dropped 0.95% as China’s rate cut and push for increased lending reflect a slowing economy. Saudi Arabia’s July oil shipments to China see a...