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Crude Oil - Iraq Exported Most Crude Oil Since November 2016 This Month
Iraq exported oil at the fastest pace since late 2016 during the first half of July, indicating OPEC’s second-largest producer is pumping more after the group eased production limits. Crude shipments ...
US drillers leave crude oil rig count unchanged - Baker Hughes
Reuters reported that US energy companies left the oil rig count unchanged this week as the rate of growth has slowed over the past month or so with a decline in crude prices from late May through lat...
Nigeria: Crude Oil Price Drops to $73 Amid Tight Supply, Outages
Barely a few days after crude oil price surged towards $80 per barrel, following the shut down of one oilfield in Norway and Libya reduced production by more than a half, the price slipped on Monday t...
WTI Crude Oil Futures Plunge Near 3-Week Low, Bearish Phase Holds
WTI futures for August delivery recorded a fresh more than three-week low of 67.56 on Monday, while the sharp bearish run started following the pullback on the 74.64 resistance level last Tuesday. Als...
Crude Oil Could Be Peaking Here (USO)
From Chris Kimble: The chart below looks at what could be the most important commodity on the planet, Crude Oil and its price action over the past 15-years. We applied Fibonacci retracement levels to ...