CL=F - Crude Oil Aug 20
| Pre. Settlement | N/A |
| Settlement date | 2020-07-21 |
| Open | 39.58 |
| Bid | 40.28 |
| Last price | 39.62 |
| Day's range | 38.54 - 40.77 |
| Volume | 366,208 |
| Ask | 40.64 |
- Motley Fool
Why Oasis Petroleum, Callon Petroleum, and Centennial Development All Jumped on July 10
This trio of energy names got a big daily boost from oil prices, but that's just part of a much larger story here.
- FX Empire
Natural Gas Price Prediction – Prices Rebound to Close the Week Up 4%
Demand and Supply in 2019 were records
- Oilprice.com
Oil Returns To $40 After COVID Correction
Oil prices fell on Thursday as COVID-19 cases continued to spike in the U.S., which the IEA highlighted as a major threat to oil markets in today’s report, but prices were quick to return to the $40 mark on Friday.
- FX Empire
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Blue Chips Jump on Bank Stocks Surge
We’re going to be watching a minor pivot at 25787 into the close on Friday.
- FX Empire
S&P 500 Weekly Price Forecast – Stock Markets Break Through Minor Resistance
Stock markets rallied during the week, with the S&P; 500 being no exception. We broke above the top of a couple of shooting stars which is a bullish sign.
- FX Empire
Crude Oil Weekly Price Forecast – Crude Oil Markets Stabilize
Crude oil markets had a bouncy week, but at the end of the session on Friday it looks as if we have stabilized. That is a good sign.
- FX Empire
S&P 500 Price Forecast – S&P 500 Likely to Continue Pressing Issue
S&P; 500 initially pulled back on Friday again, but then turned around to show signs of life again. This is a market that continues to show extreme resiliency.
- FX Empire
Crude Oil Price Forecast – Crude Oil Markets Form Bullish Candles
Crude oil markets initially dipped on Friday but turned around to show signs of resiliency yet again. They have more of an upward bias than anything else.
- FX Empire
Silver Price Forecast – Silver Markets Hover at Major Level
Silver markets have continued to hover at a major level, in the form of the $19 level during the trading session on Friday.
- FX Empire
Natural Gas Price Forecast – Natural Gas Markets Find Buyers on Friday
Natural gas markets initially dipped a below the 50 day EMA on Friday but turned around. This is a market that looks like it is trying to continue going higher.
- FX Empire
Gold Price Forecast – Gold Markets Struggle to Follow Through
Gold markets struggled to follow through during the trading session on Friday after pulling back on Thursday.
- FX Empire
Oil Stays Near $40 After Failed Attempt To Gain Downside Momentum
Oil rebounds back to the key $40 level after Gilead Sciences reports promising data on COVID-19 drug.
- FX Empire
GBP/USD Weekly Price Forecast – British Pound Continues to Flex Its Muscles
British pound has had a very bullish week, as we continue to see a rally. Every time it looks as if it is going to fall, buyer step in to pick up yet again.
- FX Empire
EUR/USD Weekly Price Forecast – Euro Continues to See Trouble at Same Area
The Euro initially rally during the week, pulled back from the 200 week EMA, and then rallied again to close out a choppy week. This is normal for this pair.
- Investing.com
Oil Gets Rare, Late Week Boost From IEA Demand Outlook
The global energy agency that rarely helps the positive case in oil has given a friendly boost to those long crude, just as the week comes to an end. Crude prices jumped more than 1% on Friday after the International Energy Agency bumped up its 2020 forecast for global oil demand, lifting a market that took its worst hammering in six weeks in the previous session. The IEA’s outlook on oil has typically been dour over the past few years, putting it at odds with the Saudi-dominated OPEC — or Organization of the Petroleum Exporting Countries — whose members are determined to keep crude prices supported under any condition.
- FX Empire
Silver Price Daily Forecast – Silver Stays Above $18.50
Silver did not manage to get above $19.00 but maintains solid upside momentum.
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Fight
The British pound initially fell a bit on Friday but continues to find support as we broke back above the 200 day EMA by the time New York got online.
- FX Empire
AUD/USD Price Forecast – Australian Dollar Breaks Down Only to Find Buyers Again
The Australian dollar initially sold off on Friday but found buyers two show signs of resiliency yet again. We have a massive amount of resistance just above.
- Zacks
Implied Volatility Surging for Oasis Petroleum (OAS) Stock Options
Investors need to pay close attention to Oasis Petroleum (OAS) stock based on the movements in the options market lately.
- FX Empire
U.S. Stocks Set To Open Lower As Traders Focus On Virus Data
S&P; 500 futures are losing ground in premarket trading as traders worry about the worsening situation on the coronavirus front.
- FX Empire
Crude Oil Price Update – Increasing Downside Momentum Targets $37.50
The direction of the August WTI crude oil market on Friday is likely to be determined by trader reaction to the 50% level at $39.08.
- FX Empire
Breakdown – First Crack in the Crude Oil Dam
the little momentum that crude oil had, is waning. This is bearish, because it shows that the buying power is drying up or that it’s almost gone.
- Financial Times
Is the party finally over for US oil and gas?
The heyday of America’s mighty oil and gas industry may be passing. This week three huge pipeline projects, whose combined length would stretch from New York to San Diego, were ditched. Further oil and gas output growth in the world’s most prolific energy market depends on new infrastructure.
- FX Empire
Gold Price Futures (GC) Technical Analysis – Strengthens Over $1798.10, Weakens Under $1791.90
Based on the early price action, the direction on Friday is likely to be determined by trader reaction to the 50% level at $1798.10.
- Reuters
Russia's Nornickel fights cover-up accusations over Arctic oil spill
Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off its share price, left it with a hefty compensation bill and exposed it to accusations of covering up the full extent of the damage. President Vladimir Putin in June chided Vladimir Potanin, the billionaire boss of Norilsk, for not replacing the source of the spill, a fuel tank, in timely fashion and said significant damage had been caused to the fragile Arctic environment.
