Natural Gas Crossing Fingers For A Rally
Article By:
Chuck Kowalski
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Thursday, December 5, 2019 5:31 PM EST
Natural gas futures are burdened by ample supplies and rallies will likely be shallow in the forseeable future.
In this article: UNG
CAB, PMI And WTI Relationship
Article By:
Todd Sullivan
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Thursday, December 5, 2019 4:14 PM EST
It is interesting to compare two market psychology driven measures, WTI and PMI (Purchasing Managers Index) with CAB (Chemical Activity Barometer), a mostly economic indicator based on chemical production and shipment activity.
In this article: OIL
Oil Price Outlook: Crude Rips Into Resistance – WTI Trade Levels
Article By:
DailyFX
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Thursday, December 5, 2019 1:28 PM EST
Crude Oil prices ripped higher into the start of the December trade with WIT surging than 6%. The rally takes price into a key resistance zone that has capped oil advances for the past month and the focus is on this week’s close for guidance.
WTI Extends Gains Ahead Of OPEC Meeting
Article By:
Fiona Cincotta
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Thursday, December 5, 2019 8:44 AM EST
After rallying over 4% across the previous session and with the OPEC+ meeting kicking off today, it’s fair to say that oil will be under the spotlight on Thursday. WTI is extending gains in early trade on Thursday.
In this article: OIL
Getting Paid 5.5% While Waiting For The Energy Rebound
Article By:
Eddy Elfenbein
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Thursday, December 5, 2019 5:29 AM EST
This year will go down as another strong one for Wall Street. We had a big dip late last year, so that helped give 2019, a nice low base to start with, but outside of that it’s been a nice slow uptrend for stocks this year.
OPEC Day
Article By:
ING Economics
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Thursday, December 5, 2019 5:11 AM EST
The OPEC ministerial meetings kick off in Vienna later today, and there is still plenty of uncertainty around what OPEC+ will do.
Crude Oil - Thursday, December 5
Article By:
Petros Steriotis
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Thursday, December 5, 2019 3:30 AM EST
CL testing the highest Fibonacci resistance once again.
In this article: OIL
Natural Gas Forecast: Markets Looking Towards Storage Numbers
Article By:
Christopher Lewis
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Thursday, December 5, 2019 3:00 AM EST
Natural gas markets initially tried to rally during the trading session on Wednesday. The market pulled back a bit during the session as traders will have stepped away in order to await the figures coming out for Thursday trading.
In this article: UNG
Weekly Heating Oil Prices - Wednesday, Dec. 4
Article By:
Jill Mislinski
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Wednesday, December 4, 2019 11:42 PM EST
The latest price of home heating oil nationwide is $3.01. Residential heating oil supplies are 2.4% below their all-time low.
Oil Update - Wednesday, Dec. 4
Article By:
Todd Sullivan
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Wednesday, December 4, 2019 12:00 PM EST
It appears we are exiting the fall shut-down period and refining inputs are rising which in turn cause a rise in gasoline inputs.
The Christmas Comeback
Article By:
Phil Flynn
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Wednesday, December 4, 2019 10:16 AM EST
Oil prices are coming back from the Black Friday massacre as, along with OPEC plus optimism, the American Petroleum Institute (API) gives the algorithms a reality check.
US Draws & OPEC+ Cuts
Article By:
ING Economics
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Wednesday, December 4, 2019 6:05 AM EST
Between trade and OPEC+ noise, the usual weekly US crude oil inventory numbers have fallen between the cracks for many in the market.