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2019 Crude Oil Outlook: The Lower Prices Might Not Last
Article By: EasyMarkets
Friday, January 4, 2019 2:04 PM EST
2019 will be an interesting year for crude oil for a number of reasons.
In this article: UCO, OILB
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Frackers Trump OPEC
Article By: Kurt Kallaus
Friday, December 21, 2018 12:35 AM EST
Today the US produces so much oil that we can’t build the pipelines fast enough to bring the Oil and Gas to market. It costs $20 a barrel to ship Oil out of the Permian by truck, $10 a barrel by train and just $4 a barrel by pipeline.
In this article: OILB, UCO
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Oil Crash Blamed On CTA, Risk Parity Liquidation
Article By: Tyler Durden
Wednesday, December 19, 2018 5:01 PM EST
Yesterday's furious selloff in crude prompted even more confusion amid the trading community, recently whipsawed by seemingly chaotic moves across all asset classes.
In this article: OILB, UCO
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Crude Weekly Price Outlook: Oil Price Crushed Into Support
Article By: DailyFX
Wednesday, December 19, 2018 11:37 AM EST
Crude oil prices have collapsed nearly 40% from the October high with the decline now testing a critical long-term technical support confluence.
In this article: OILB, UCO
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Credit, Canada Crash As Crude Prices Collapse To 15-Month Lows
Article By: Tyler Durden
Tuesday, December 18, 2018 12:38 PM EST
WTI Crude has legged down for the 3rd time today, crashing to a $47 handle the lowest since Sept 2017.
In this article: OILB, UCO, FXC
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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

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