CL=F - Crude Oil Oct 19

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
58.33
+0.22 (+0.38%)
As of 3:14PM EDT. Market open.
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Pre. SettlementN/A
Settlement date2019-09-20
Open58.20
Bid58.33
Last price58.11
Day's range58.01 - 59.54
Volume74,926
Ask58.35
  • The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Concho Resources, Callon Petroleum, Parsley Energy and Diamondback Energy
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    The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Concho Resources, Callon Petroleum, Parsley Energy and Diamondback Energy

    The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Concho Resources, Callon Petroleum, Parsley Energy and Diamondback Energy

  • Silver Prices Rebound as Markets Digest Fed Rate Cut
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    Silver Prices Rebound as Markets Digest Fed Rate Cut

    Silver has posted gains on Thursday, but remains shy of the $18 level. The Federal Reserve lowered rates on Wednesday, but was more hawkish than expected in its assessment of the U.S. economy.

  • EUR/USD Mid-Session Technical Analysis for September 19, 2019
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    EUR/USD Mid-Session Technical Analysis for September 19, 2019

    Based on the early price action and the current price at 1.1067, the direction of the EUR/USD the rest of the session on Thursday is likely to be determined by trader reaction to the Fibonacci level at 1.1073 and the downtrending Gann angle at 1.1074.

  • Real crunch from Saudi Arabia's oil outage has yet to be felt
    Reuters

    Real crunch from Saudi Arabia's oil outage has yet to be felt

    Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill the gap and mask the scale of damage to its facilities, traders and analysts say. Riyadh says production will be back to normal levels in two to three weeks, which means restoring output to about 10 million barrels per day (bpd), after Saturday's attacks on two sites that usually process and clean up about 5.7 million bpd. While it carries out repairs, the world's biggest oil exporter has promised to keep the physical crude market supplied from its inventories held in the kingdom and abroad, estimated to have been about 180 million barrels in July.

  • FX Empire

    Oil Price Fundamental Daily Forecast – Supported by Global Spare Capacity Worries

    Before the market can really become stable, Saudi inventories are going to have to return to pre-attack levels, the damaged facilities are going to have to be repaired and working at full capacity and further threats will have to be prevented.

  • How Saudi Crude Attack Could Push Natural Gas Prices
    Market Realist

    How Saudi Crude Attack Could Push Natural Gas Prices

    Today, the EIA plans to report natural gas inventories for the week ended September 13. A negative inventories spread could support natural gas prices.

  • Brent rises 1% as Saudi supply risks come into focus
    Reuters

    Brent rises 1% as Saudi supply risks come into focus

    Brent crude oil prices rose more than 1% on Thursday on fears of longer-than-expected supply shortfalls following Saturday's attacks on a key Saudi Arabian oil processing facility and escalating tensions in the Middle East. Global benchmark Brent settled 80 cents, or 1.3%, higher at $64.40 a barrel, while U.S. West Texas Intermediate (WTI) crude pared earlier gains and ended largely steady at $58.13 a barrel, just 2 cents firmer. Saturday's attacks knocked out around half of Saudi Arabia's crude production and severely limited the country's spare capacity, a cushion for oil markets in any unplanned outage.

  • Reuters

    Palm oil to blame for 39% of forest loss in Borneo since 2000 - study

    The palm oil industry was responsible for at least 39% of forest loss in biodiversity-rich Borneo island between 2000 and 2018, data from an Indonesia-based research firm shows. The Center for International Forestry Research (CIFOR) data, published this month via its Borneo Atlas tool, comes as a smoky haze has spread across Southeast Asia from fires in Borneo and others parts of Indonesia, causing a drop in air quality to unhealthy levels in neighbouring Singapore and Malaysia. Some palm oil farmers have been accused of using slash-and-burn methods to clear land for planting.

  • Permian Oil Production Growth to Continue: 5 Stocks in Focus
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    Permian Oil Production Growth to Continue: 5 Stocks in Focus

    Production from the Permian Basin of Texas and New Mexico is set to climb by 71,000 barrels per day to a record of about 4.485 million barrels per day in October.

  • Upstream Energy Stocks Decline as Crude Oil Price Falls 6%
    Zacks

    Upstream Energy Stocks Decline as Crude Oil Price Falls 6%

    Explorers and producers will be less inclined to increase oil production following the renewed slump in the commodity's price.

  • Gold Price Futures (GC) Technical Analysis – Tumbles as Fed Fails to Give Signal of Further Rate Cuts
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    Gold Price Futures (GC) Technical Analysis – Tumbles as Fed Fails to Give Signal of Further Rate Cuts

    Based on the early price action and the current price at $1497.10, the direction of the December Comex gold market into the extended close is likely to be determined by trader reaction to the main 50% level at $1489.10.

  • FX Empire

    Gold Price Prediction – Gold Whipsaws After Fed Rate Cut

    Gold trades sideways as the dollar rallies

  • Reuters

    Alberta sees progress on crude-by-rail talks to ease oil curtailments

    The premier of Canada's main oil-producing province Alberta said on Wednesday he is hopeful of more progress this month on talks between his government and producers about easing oil curtailments, as long as extra output is shipped by rail. Alberta introduced mandatory production curtailments, effective Jan. 1 2019, to ease congestion on export pipelines and support crude prices. Last month Premier Jason Kenney's government extended those curtailments into 2020 because of slow progress in building new pipelines.

  • Oilprice.com

    Where Is The World's Safest Source Of Oil?

    Alberta Premier Jason Kenney claimed whilst on a tour in the US that Canada can offer oil buyers the ‘’safest oil in the world’’

  • Factbox: Impact of Saudi oil outage on crude, product markets
    Reuters

    Factbox: Impact of Saudi oil outage on crude, product markets

    The statement sent oil prices plunging after a steep rise early in the week triggered by fears a return to full production would take months. Saudi Arabia is the world's biggest oil exporter, normally shipping more than 7 million barrels every day.

  • Oilprice.com

    Saudi Arabia Pours Cold Water On Oil Rally

    After its sudden spike following attacks on Saudi oil infrastructure, crude oil benchmarks retreated on the announcement production will return to normal rates by the end of the month

  • Oilprice.com

    Oil Slips On Bearish EIA Inventory Data

    Oil prices continued to fall on Wednesday morning after the EIA confirmed a build in crude, gasoline and distillate stocks

  • Investing.com

    NewsBreak: U.S. Oil Inventories Rose by 1.1 Million Barrels Last Week: EIA

    Investing.com - Crude stockpiles rose unexpectedly last week, the U.S. Energy Information Administration said Wednesday.

  • Investing.com

    Oil Prices Tumble as Trump Gives Iran a Pass

    By Geoffrey Smith

  • Oil prices extend losses after Saudi pledge to restore lost output
    Reuters

    Oil prices extend losses after Saudi pledge to restore lost output

    Oil prices retreated about 2% on Wednesday, extending the previous day's declines after Saudi Arabia said it would quickly restore full production following last weekend's attacks on its facilities and as U.S. crude stockpiles rose unexpectedly. Tension in the Middle East remained elevated, however, after the Saudi Defence Ministry held a news conference, displaying drone and missile debris it said was "undeniable" evidence of Iranian aggression. U.S. President Donald Trump on Wednesday said he ordered a major increase in sanctions on Iran in the latest U.S. move to pressure Tehran.

  • Exclusive: India to invite bids from global coal miners before end of 2019 - sources
    Reuters

    Exclusive: India to invite bids from global coal miners before end of 2019 - sources

    India plans to invite bids from global firms for the first time for coal mining blocks before end-2019, sources familiar with the matter said, a move that would end Coal India Ltd's near-monopoly for the fuel as the nation tries to cut imports. Coal is among the top five commodities imported by India, one of the world's largest consumers of the fuel. Coal imports are surging after the government failed to open the industry to competition, despite having passed a liberalization policy 19 months ago.

  • FX Empire

    Asian Indexes Mixed; Energy Shares Drop on Crude Oil Weakness

    Crude oil prices plunged on Tuesday after the Saudi energy minister said the kingdom’s oil supply will soon be back online. The drop in crude oil prices spread weakness throughout the Asia Pacific region on Wednesday.

  • Oilprice.com

    The Biggest Winner In The Saudi Oil Supply Crisis

    The weekend attacks on vital oil infrastructure in OPEC’s largest producer and the world’s top oil exporter Saudi Arabia could be a boon to Brazil