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Crude Oil - WTI Crude Oil Forecast: Continue Testing Resistance
The West Texas Intermediate Crude Oil market initially fell during Monday trading as we got reports from OPEC that they were cutting 500,000 barrels per day. This is on top of the already 1.2 million ...
Daily production of oil products reached 776,000 barrels in Azerbaijan in November
The daily production of oil products amounted to 776,000 barrels in Azerbaijan in November 2019, 687,000 barrels of which accounted for crude oil, and 89,000 barrels - for condensate, Trend ...
Japan, Saudi Aramco extend Okinawa crude storage deal
TOKYO, Dec 10 (Reuters) - Japan Oil, Gas and Metals National Corp (JOGMEC) has renewed a deal with Saudi Aramco for crude oil storage on the island of Okinawa for another three years, the state-run ...
OLEM: A Great Oil ETN For This Market
OPEC has extended cuts – expect even lower imports through March of next year. With year-to-date returns coming in at a near 20%, the iPath Pure Beta Crude Oil ETN (OLEM) has been a strong payout for ...
Commodity Evening Update: Gold prices slip, crude oil futures steady
Based on the above technical parameters, Gold is looking bullish with a potential to reach 37,900. The outlook will change below 37,500 levels. Crude Oil price has faced strong resistance of its ...