Oil

By Sinead Caro and Yoruk Bahçeli (Reuters) - The MSCI global stock index fell along with Treasury yields on Tuesday as investors shied away from riskier assets, while oil futures rose on concerns about supplies after Iran fired missiles at…

WTI Crude Oil Traders Can't Make Up Their Mind! The energy commodity is still trading in its visible zone of interest on the 4-hour time frame, with several inflection points extending across the area. Will the trend continue in the long…

Via oil price dot com on Twitter:--The predictions I saw focused on:Main crude oil -1.4 million barrelsDistillates -1.1 million barrelsGasoline -0.02 million---This data point is taken from a special survey conducted by the American…

HOUSTON (Reuters) - U.S. oil producers scrambled on Monday to evacuate employees from oil platforms in the Gulf of Mexico as the second major hurricane in two weeks was expected to hit offshore oil fields. A potential tropical cyclone in…

Basic OverviewCrude oil remains supported as buyers may be looking at the implications of the Fed’s easing cycle on economic activity. As a reminder, crude oil positions are at all-time lows and sentiment is very bearish. These factors can…

US Crude Oil Prices Just Showed A Red Candle Around A Major Turning Point!Are we witnessing the possibility of Black Crack extending its long-term downtrend? The 4-hour chart may give us more clues: Crude Oil WTI (USOIL) 4 hours Chart…

Oil dailyWe have seen this pattern several times recently: positioning data released late Friday shows a very negative situation in oil, and on Monday there will be bullish pressure.But unfortunately, the gains didn’t last, at least not…

Crude oil is now trading in negative territory at $69.08, down from its high of $70.32. Looking at the hourly chart, the price of gold has moved above its 200-hour moving average (currently at $68.93) this week on its way to its highest…

Scotland's last oil refinery at Grangemouth is due to close between April and June next year, costing 400 jobs and leaving the UK with just a handful of refineries. The closure, announced by Petronews - a joint venture between Sir…

Occidental Petroleum shares have fallen 29% since mid-April, weighing on Warren Buffett's stake in the company.This decline is in line with a 23% drop in crude oil prices due to concerns about demand and excess supply.Berkshire Hathaway's…