CL=F -
| Pre. Settlement | N/A |
| Settlement date | N/A |
| Open | N/A |
| Bid | 54.05 |
| Last price | N/A |
| Day's range | N/A - N/A |
| Volume | 558,150 |
| Ask | 54.34 |
- Oilprice.com
OPEC Mulls Extending Oil Production Cuts Through End-2020
OPEC members are discussing a potential extension of the oil production cuts through the end of 2020, an OPEC source told Russian news agency TASS on Friday.
- FX Empire
Gold Price Prediction – Prices Push Higher as Market Focuses on Coronovirus
Gold prices benefit from safe-haven flow
- Oilprice.com
Oil Bears Are Back As Demand Fears Go Viral
Demand fears, largely driven by the spread of the coronavirus, have sent oil prices sliding at the end of the week with Brent falling below $60
- FX Empire
S&P 500 Weekly Price Forecast – Stock Markets Stall For The Week
The S&P; 500 went back and forth during the week, showing signs of exhaustion as we are clearly a little overextended. That being said though, there are plenty of support levels underneath that I will be watching.
- FX Empire
Crude Oil Weekly Price Forecast – Crude Oil Markets Get Hammered For The Week
Crude oil markets got absolutely hammered during the week, forming an extraordinarily bearish candlestick. That being said, we are still well within the overall range that we have been in for the year and a half.
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Spotters Against Japanese Yen
The British pound rallied again during the week, breaking above the 200 week EMA before given back quite a bit of the gains. By doing so, the market has formed a bit of a shooting star, suggesting that perhaps we may have to pull back.
- FX Empire
AUD/USD Weekly Price Forecast – Australian Dollar Falls
The Australian dollar initially tried to rally during the week, but then reached towards the previous downtrend line. Ultimately, the market is approaching the 0.68 level is a sign of challenging support.
- Oilprice.com
China Sees Jump In Gasoline, Jet Fuel Exports
A 99-percent utilization rate of state quotas in China drove oil product exports up 20.1 percent last year
- Zacks
Coronavirus Outbreak Gives Gold a Boost: 5 Top Picks
The demand for precious metal gold, considered as a major investment option under market turmoil, bolstered due to coronavirus outbreak.
- FX Empire
Oil Price Fundamental Daily Forecast – Coronavirus Quarantines to Drive Down Energy Demand
The lack of follow-through to the upside following Thursday’s technical bounce suggests the absence of buyers, since the move was likely fueled by profit-taking and short-covering.
- FX Empire
U.S. Crude Slips to 3-Month Low
Oil prices have fallen for a fifth successive day, as crude struggles to stay above the $55 level. Will the downturn continue?
- FX Empire
Asia Wrap: TGIF ( FX-Oil and Gold)
G10 FX vols are holding in for now in though spot markets are slow due to the Lunar New Year holidays across the region.
- Oilprice.com
Iran Faces Threat Of Full Global Sanctions
Iran finds itself between a rock and a hard place as it is facing a full global sanctions threat that could potentially crush its economy
- FX Empire
US Stock Market Overview – Stocks Close Mixed, Nasdaq Leads, the Dow Lags
Crude oil tumbles weighing on energy shares, Exxon hits 52-week low
- Oilprice.com
The Hottest Energy Conflict Right Now
Belarus has just bought two cargoes of Johan Sverdrup, a move that doesn't sit well with decisionmakers in Moscow
- Reuters
Unaoil paid $6 million in bribes for Iraqi oil contracts, London court hears
Monaco-based oil and gas consultancy Unaoil paid $6 million (4.6 million pounds) in bribes to secure Iraqi oil contracts after the fall of Saddam Hussein, a London court heard on Thursday. In the trial, which has just begun, two former Unaoil managers and an ex-sales chief of Dutch-based energy services company SBM are accused of conspiring to bribe top Iraqi officials to secure lucrative projects. The high-profile case revolves around how Iraq sought to more than double oil production after the overthrow of Hussein in 2003.
- Reuters
Exclusive: Guyana opening search for oil firm to trade its crude - official
Guyana's government next month plans to begin a search for an oil company or trading firm to market its share of the South American country's crude, the director of the Department of Energy, Mark Bynoe, said in an interview. The government is entitled to a portion of the light, sweet crude that a consortium led by Exxon Mobil Corp began producing last month after making 15 discoveries in recent years. The finds are set to transform the economy of Guyana, an impoverished country of fewer than 800,000 people.
- Oilprice.com
Oil Prices Head Lower Despite Small Crude Draw
Oil prices continued to trade lower on Wednesday morning after the EIA reported a small draw in commercial crude inventories
- Reuters
Greenpeace loses Norway Arctic oil lawsuit appeal
An Oslo appeals court approved Norway's plans for more oil exploration in the Arctic on Thursday, dismissing a lawsuit by environmentalists who had said it violated people's right to a healthy environment. The verdict upheld a ruling made by a lower court, rejecting arguments by Greenpeace and the Nature and Youth group that a 2015-2016 oil licensing round that gave awards to Equinor and others had breached Norway's constitution. "The verdict is unanimous," the Borgarting Appeals Court said in its written decision.
- Reuters
Oil industry in Davos: torn between Greta and Trump
Oil majors are at the sharp end of the climate debate and face a bewildering balancing act to secure their futures. It's a Catch-22 situation: to meet ambitious emissions targets by investing in low-carbon technologies, they will have to rely on revenue from expanding their businesses in oil and gas, for which there is still growing global demand. How energy companies navigate this maze could determine the winners and losers in a lower-carbon future, and help govern whether the world can rein in warming.
- Reuters
India's December refined oil exports jump as slowing economy curbs domestic demand
India recently revised down its growth forecast for fuel consumption - a proxy for oil demand - to a six-year low of 1.3% in 2019-20, mainly due to a fall in estimated diesel consumption. Diesel consumption is directly linked to industrial activity. Asia's third-biggest economy imports and exports refined fuels, as it holds a surplus refining capacity.
- Investing.com
Breaking: Oil Inventories Fell 405K Last Week : EIA
Investing.com - The U.S. stockpile of crude oil supplies fell less than expected last week, the Energy Information Administration said Thursday.
