Latest News for: Trading crude

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Crude Oil Price Forecast – Crude Oil Markets Testing Top of Triangle

FX Empire 18 May 2021
The West Texas Intermediate Crude Oil market has been all over the place during the course of the trading session on Tuesday as the markets continue to see upward momentum in general but also see just as much resistance above.
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Crude Oil Price Update – Momentum Could Shift to Downside on Close Under $66.28

FX Empire 18 May 2021
West Texas Intermediate crude oil futures are trading lower at the mid-session on Tuesday ... Know where WTI Crude Oil is headed? Take advantage now with. Start Trading ... Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded ... At 16.57 GMT, July WTI crude oil is trading $65.17, down $1.11 or -1.67%.
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Crude oil futures move higher on firm spot demand

The Times of India 18 May 2021
Analysts said raising of bets by participants kept crude oil prices higher in the futures trade.
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Crude oil price rallies as summer travel bookings soar

Invezz 18 May 2021
Earlier in the day, crude oil price had moved past its current resistance level at $69.88 to trade at around $70.10 before pulling back ... I expect crude oil price to trade sideways at around $70 as investors await further cues from the US oil inventories data on Wednesday ... crude oil price.
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Commodity strategies: Gold, silver, crude, base metals

The Times of India 18 May 2021
Commodity prices traded higher on Monday with bullion extending weekly gains on inflation worries ... Crude oil futures move higher on improved demand outlook from Europe ... We expect bullion prices to trade sideways to up for the day. Trading Strategy ... Crude Oil ... We expect crude oil prices to trade sideways to up for the day. Trading Strategy.
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Oil Price Fundamental Daily Forecast – Bullish Bets on Economic Recovery Hopes Setting the Tone

FX Empire 18 May 2021
West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher early Tuesday, helped by optimism for increased fuel demand following the reopenings of the U.S ... At 07.02 GMT, July WTI crude oil is trading $66.58, up $0.30 or +0.45% and July Brent crude oil is at $69.81, up $0.35 or +0.50% ... Start Trading.
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Rand oscillates above R14/$

Independent online (SA) 18 May 2021
At the close of local trade, the rand quoted 0.35 percent stronger, at R14.10/$, after trading in range of R14.10/$ to R14.18/$ ... At the close of local trade, benchmark Brent crude futures quoted 1.30 percent higher, at $69.30pb. Crude prices were firmer during Asian trade this morning.
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Crude prices cross $70 per barrel as western economies open

The National 18 May 2021
Crude prices breached the $70 per barrel threshold during the second trading session as oil rises to two-year highs amid growing demand in the US ... West Texas Intermediate, which tracks US crude grades, was up 0.80 per cent at $66.80 per barrel. The rally in crude prices is supported by recovering consumption in countries such as the US and China.
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The Inventory Cycle – Boring But Important Market Setter. Part 2.

FX Empire 18 May 2021
Know where WTI Crude Oil is headed? Take advantage now with. Start Trading. Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose ... Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded.
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Global shares gain despite pandemic, inflation fears

Rapid City Journal 18 May 2021
France's CAC 40 gained 0.4% in early trading to 6,390.95, while Germany's DAX gained 0.5% to 15,467.48 ... In energy trading, benchmark U.S. crude added 49 cents to $66.76 a barrel in electronic trading on the New York Mercantile Exchange ... Brent crude, the international standard, rose 54 cents to $70.00 a barrel. In currency trading, the U.S.
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Stocks wobble between gains and losses as Wall Street opens

Rapid City Journal 18 May 2021
Stocks are wobbling between small gains and losses in early trading on Wall Street Tuesday as the market continues to be pulled between concerns about the potential for inflation and the hopeful signs that more parts of the economy are reopening ... crude added 49 cents to $66.76 a barrel in electronic trading on the New York Mercantile Exchange.
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Don’t think OPEC wants crude prices to be much higher than $70: Vandana Hari

The Times of India 18 May 2021
Despite the spread of the pandemic across Asia, we are seeing a massive surge in crude demand and an upward move in Brent crude prices, which are nearly 35% up on a year to date basis. How are you looking at the overall trajectory of crude oil prices?. Brent has traded for a bit just above $70 a little while ago.
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Asia shares gain despite worsening pandemic, inflation fears

Rapid City Journal 18 May 2021
Energy stocks jumped as the price of crude oil rose, while producers of metals and other raw materials also climbed ... In energy trading, benchmark U.S. crude added 51 cents to $66.78 a barrel in electronic trading on the New York Mercantile Exchange ... Brent crude, the international standard, rose 53 cents to $69.99 a barrel. In currency trading, the U.S.
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Southeast continues to see tight gasoline supply after pipeline shutdown

Johnson City Press 18 May 2021
At the close of Friday’s formal trading session, West Texas Intermediate crude increased by $1.55 to settle at $65.37, AAA reported. Market optimism that crude demand will recover, despite an uptick in coronavirus infection rates in some countries, helped to lift prices last week.
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Asia shares rise despite ongoing pandemic, inflation worries

Rapid City Journal 18 May 2021
Japan's benchmark Nikkei 225 surged 2.1% in morning trading to 28,412.06 ... Energy stocks jumped as the price of crude oil rose, while producers of metals and other raw materials also climbed ... In energy trading, benchmark U.S. crude added 21 cents to $66.48 a barrel. Brent crude, the international standard, rose 25 cents to $69.71 a barrel.
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