Oil
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Business
Goldman Sachs: Oil prices to be dampened by hedging after Iranian attack on Israel over the weekend
Goldman Sachs remarks after the weekend’s Iranian attacks: “Our commodity strategists do not expect a further substantial rise in oil…
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Business
Weekly number of US oil rigs Baker Hughes -2
Oil platforms -2 Natural gas platforms -1 Total platforms -3 This is the fourth consecutive week of falling platforms. This…
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Business
Crude oil futures are now up more than two dollars on the day
Crude oil futures are currently trading at $87.26, up about $2.10 on the day. Markets are reacting to increasing geopolitical…
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Business
Bank of Korea Governor Rhee says oil prices will remain higher than expected
Earlier from the Bank of Korea: Bank of Korea says it’s too early to be sure inflation will converge to…
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Business
Crude oil futures settle at $86.21
Crude oil futures stand at $86.21. This represents an increase of $0.98 or 1.15% on the day. Crude oil rebounds…
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Business
Technical Analysis of WTI Crude Oil
Crude oil broke key resistance at $83 following the strong US ISM manufacturing index last week and pulled back early…
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Business
SEB thinks OPEC will push oil prices above $100
There is increasing talk of a tight oil market during the second half of the year. SEB believes that OPEC…
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Business
ICYMI – Morgan Stanley raised its Brent crude oil price forecast to $94 (from $90)
High Risk Warning: Foreign exchange trading involves a high level of risk which may not be suitable for all investors.…
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Business
Oil – private inventory survey shows crude buildup higher than expected
more soon — The expectations I saw focused on: Global crude +2.4 million barrels Distillates -1.2 million barrels Gasoline -1.3…
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Business
Crude oil settles at $85.23
WTI crude oil futures are priced at $85.23. This represents a decrease of $1.20 or -1.39%. The highest price of…
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