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Crude Oil in A Three-wave Fall

Good day traders.Crude oil found a top for higher degree wave 3) at the 59.00 region and now a three-wave bearish reversal is in progress, ideally towards the 55.00 support area for wave 4); there price can again turn higher in impulsive fashion......»»

Category: optionsSource: insidefuturesDec 7th, 2017

Oil prices up on lower crude supply, but growing output caps gains

Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week......»»

Category: topSource: foxnews21 hr. 49 min. ago

EIA reports a bigger-than-expected weekly fall in U.S. crude supply; gasoline stocks climb

Data from th.....»»

Category: topSource: marketwatchDec 13th, 2017

Futures Movers: Oil prices rebound as market moves on from OPEC deal

Crude futures recover from a fall in the prior session that was driven by concerns over stockpiles, as the OPEC extension deal fades into “ancient history,” according to one strategist......»»

Category: topSource: marketwatchDec 7th, 2017

Oil edges up as U.S. crude stocks fall, but soaring output weighs

Oil prices inched higher following a decrease in U.S. crude inventories, but rising gasoline stocks and crude production weighed on the market......»»

Category: topSource: foxnewsDec 7th, 2017

Futures Movers: Oil logs first fall in 3 sessions as rising U.S. rig count feeds supply worries

Oil prices settle lower for the first time in three sessions Monday, as data showing U.S. drillers added more oil rigs last week fed concerns over growing domestic crude production, despite OPEC’s decision to extend its output cuts......»»

Category: topSource: marketwatchDec 4th, 2017

Mid-Afternoon Market Update: Crude Oil Up 1.7%; Genesco Shares Fall Following Q3 Results

Toward the end of trading Friday, the Dow traded down 0.41 percent to 24,171.82 while the NASDAQ declined 0.70 percent to 6,825.61. The S&P also fell, dropping 0.49 percent to 2,634.70. read more.....»»

Category: blogSource: benzingaDec 1st, 2017

US Oil Rig Count Rises, Crude on Track to Fall Slightly for the Week

U.S. oil producers added two new rigs this week and natural gas producers added four to raise the total U.S. land rig count to 929, more than 330 more than were in operation at the same time last........»»

Category: blogSource: 247wallstDec 1st, 2017

EIA reports a fall in U.S. crude supply, but gasoline stocks rise more than expected

Data from the U.S. Energy Information Administration Wednesday showed that domestic crude supplies fell by 3.4 million barrels for the week ended Nov. 24. That was a bit higher than the forecast for a decli.....»»

Category: topSource: marketwatchNov 29th, 2017

Futures Movers: Oil prices fall after U.S. inventory reading shows surprise spike

Oil prices come under pressure after inventories estimated by the American Petroleum Institute show a spike in U.S. crude supplies. Official data from the EIA is due later. Investors are also gearing up for the OPEC meeting Thursday......»»

Category: topSource: marketwatchNov 29th, 2017

Oil prices fall as sources say API data show a weekly rise in U.S. crude supplies

The American Petroleum Institute reported Tuesday that U.S. crude supplies climbed by 1.8 million barrels for the week ended Nov. 24, according to sou.....»»

Category: topSource: marketwatchNov 28th, 2017

Oil prices fall on pipeline restart, uncertainty over OPEC output cuts

SINGAPORE (Reuters) - Oil prices slipped in Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts......»»

Category: topSource: reutersNov 28th, 2017

Oil prices fall on uncertainty over OPEC output cuts, pipeline restart

SINGAPORE (Reuters) - Oil prices slipped in early Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts......»»

Category: topSource: reutersNov 27th, 2017

Elliott Wave Analysis: USDCAD and Crude oil Updates

Elliott wave analyisis on USDCAD and Crude oil......»»

Category: optionsSource: insidefuturesNov 27th, 2017

Futures Movers: Oil eases from highest levels since 2015 as traders weigh up U.S. data

Crude prices move modestly lower on Thursday, but U.S. prices remain near highs not seen since June 2015 after a report shows a fall in U.S. crude stockpiles......»»

Category: topSource: marketwatchNov 23rd, 2017

Futures Movers: Oil hovers near highest levels since 2015 as supply data spreads cheer

Crude prices move modestly lower on Thursday, but U.S. prices remain near highs not seen since June 2015 after a report shows a fall in U.S. crude supplies......»»

Category: topSource: marketwatchNov 23rd, 2017

Futures Movers: Oil prices gain as fall in U.S. crude supply feeds bets for OPEC output-cut extension

Oil prices climb Wednesday as a weekly decline in U.S. crude supplies backs expectations that OPEC will decide to extend its output-cut deal when it meets with other major producers next week......»»

Category: topSource: marketwatchNov 22nd, 2017

Oil hits 2-year high as stockpiles fall ahead of OPEC meeting

Oil climbed to a two-year high as U.S. industry data showed crude stockpiles resumed declines and investors awaited a decision by OPEC on extending output cuts......»»

Category: topSource: moneycentralNov 22nd, 2017

Rupee pulls back from near one-week high, down 10 paise

A sudden rebound in global crude prices after its two-day fall also added to the pressure on the trading front.....»»

Category: topSource: business-standardNov 20th, 2017

Oil Prices Fall on Surprise U.S. Crude Inventory Build

Zacks.....»»

Category: topSource: redinewsNov 18th, 2017

Oil Prices Fall on Surprise U.S. Crude Inventory Build

U.S. crude inventories rose for the second consecutive week as production surged to a new high. The U.S. Energy Department's .....»»

Category: personnelSource: nytNov 17th, 2017