Why The Attacks In Saudi Arabia Are A Big Deal
Article By:
Robert Rapier
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Monday, September 23, 2019 5:43 AM EDT
Oil prices have already pulled back from their surge following last weekend’s drone attacks on Saudi Arabia’s oil infrastructure. This has led some to say “See, it’s a big nothing-burger.”
Oil Prices Jump Even As Houthis Offer Peace
Article By:
Daily Forex
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Monday, September 23, 2019 4:31 AM EDT
U.S. WTI futures and Brent crude prices both jumped more than 1 percent during Asian trade on Monday as tensions in the Middle East kept traders concerned about global supply levels and the potential for future disruptions.
Saudi Doubts
Article By:
ING Economics
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Monday, September 23, 2019 4:20 AM EDT
The Saudis continue to try to convince the market that they will restore oil production to pre-attack levels before the end of this month.
Oil Set To Spike After Report Saudi Repairs At Abqaiq May Take "Up To Eight Months"
Article By:
Tyler Durden
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Sunday, September 22, 2019 7:56 PM EDT
Could Saudia Arabia be artificially creating an 8 month bottleneck to increase oil prices ahead of its Aramco IPO?
Precious Metals Physical Holdings And Commitments Of Traders
Article By:
Jesse's Cafe Americain
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Saturday, September 21, 2019 10:15 PM EDT
A review of precious metal charts.
September Bean & Corn Stocks - Recent Demand Adjustments Reduce Changes In Old-Crop Stocks
Article By:
Jerry Gidel
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Friday, September 20, 2019 2:48 PM EDT
Historically, September’s grain stocks have been non-events. These reports normally have confirmed the USDA’s old-crop corn & soybean ending stocks ideas that were posted earlier this month.
Precious Metals Setting Up Another Momentum Base/Bottom
Article By:
Chris Vermeulen
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Friday, September 20, 2019 2:00 PM EDT
The precious metals have retraced from recent highs and begun to form a momentum base which will likely become the floor for the next move higher.
Gasoline Review For Friday, Sept. 20
Article By:
Eric De Groot
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Friday, September 20, 2019 10:13 AM EDT
Gasoline's rally after a bullish energy build did not surprise us. What happens now? If DI spikes again, bulls that did not get in ahead of the price spike could nibble.
In this article: UGA
EC Oil Drove Recovery
Article By:
John Petersen
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Friday, September 20, 2019 9:36 AM EDT
Over the last decade, the oil industry converted $1.2 trillion of import spending into GDP while saving US energy consumers another $2.4 trillion.
Oil: Sucker Punch
Article By:
Phil Flynn
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Friday, September 20, 2019 8:28 AM EDT
While most of the oil trade was focused on comments coming out of Iran and Saudi Arabia, tropical depression Imelda delivered a sucker punch to the Texas coast.
WTI Crude Oil: Uptrend To 55.00 While Trading Above 58.44
Article By:
Anton Kolhanov
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Friday, September 20, 2019 7:05 AM EDT
An uptrend will start as soon, as crude oil rises above resistance level 58.44 - 58.05, which will be followed by moving up to resistance level 59.49.
In this article: OIL
Natural Gas - Friday, Sept. 20
Article By:
Petros Steriotis
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Friday, September 20, 2019 5:43 AM EDT
Around 2.70 is the resistance level for natural gas, if exceeded, will confirm a “V” formation on the daily chart.
In this article: UNG