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The Saudis Strike Back
Article By: Phil Flynn
Friday, May 17, 2019 8:21 AM EDT
Oil prices got another jolt to the upside after reports that a Saudi-led military coalition in Yemen carried out several air strikes on the Houthi-held capital Sanaa yesterday.
In this article: OILB
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WTI Crude Oil And Natural Gas Forecast - Friday, May 17
Article By: Christopher Lewis
Friday, May 17, 2019 5:23 AM EDT
The WTI Crude Oil market rallied during the trading session on Thursday but did give back some of the gains.
In this article: OILB, UNG
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USD Steady At A Two-Week High
Article By: Orbex
Friday, May 17, 2019 3:45 AM EDT
The US dollar was seen holding on to the gains, settling near a two-week high by Thursday’s close. The gains came as the trade tensions eased and focus once again shifted to the economic data.
In this article: FXE, GLD, OILB
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WTI Tests A Two-Week High Above 63.00 As Trump “Hopes” US Can Avoid War With Iran
Article By: Matt Weller
Thursday, May 16, 2019 2:25 PM EDT
Oil prices have generally tracked risk appetite so far this week, dropping sharply on Monday before recovering over the last three days. Today’s rally has been supercharged by escalating geopolitical tensions in the Middle East
In this article: OILB
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WTI Crude Oil And Natural Gas Forecast - Thursday, May 16
Article By: Christopher Lewis
Thursday, May 16, 2019 5:04 AM EDT
The WTI Crude Oil market rallied a bit during the trading session on Wednesday, showing the trend line to be reliable and still in effect.
In this article: OILB, UNG
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Why the End of the Longest Oil Bull Market Since 2008?
Mike Faragut 11/12/2018 9:43:17 AM

Very insightful look at $OILB, thanks.

Crashing Through The Glass Ceiling
Daniel Robertson 1/16/2018 2:32:34 PM

Don't #OPEC agreements usually endup falling apart when member countries start to cheat? How long do you think the #oil production cuts will last? $OIL

The Oil War Is Only Just Getting Started
Jason Stewart 2/6/2017 9:22:34 PM

#OPEC can very well try to appear unfazed but their influence on the global #oil market has been on a decline for quite some time. What we are seeing now is a perfect example of their waning influence. They've gone through considerable lengths with the current production deals in order to prop up the oil price. The end result is a stabilization around $50 - $60. The rebound in US oil rigs ensures that the oil price will never reach its previous highs. $OIL $UCO $USO

Gasoline Inventories Increase, But We Continue To See Signs That The Oil Supply Glut Is Ending
Kurt Benson 6/23/2015 2:20:48 AM

Nicely done. This is why I'm bullish $OIL heading higher into 2016!

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