CL=F - Crude Oil Dec 17
| Pre. Settlement | N/A |
| Settlement Date | 2017-11-20 |
| Open | 51.59 |
| Bid | 52.04 |
| Last Price | 51.51 |
| Day's Range | 50.87 - 52.09 |
| Volume | 656,162 |
| Ask | 52.10 |
- Motley Fool•9 hours ago
Don’t Look Now but the Oil Market is Turning Bullish
The “swimming pools are draining,” fueling increased bullishness by analysts and investors.
- FX Empire•17 hours ago
Comex High Grade Copper Price Futures (HG) Technical Analysis – Likely to Test $3.0930 to $3.0535 Value Zone
December Comex High Grade Copper futures settled slightly lower on Friday after giving back earlier gains. Despite four straight losing sessions after a spike into a three-year high on Monday, the market still managed to post a solid gain for the week. Strong hedge fund buying drove copper prices into $3.2595 on October 16, but … Continue reading Comex High Grade Copper Price Futures (HG) Technical Analysis – Likely to Test $3.0930 to $3.0535 Value Zone
FX Empire•17 hours agoCrude Oil forecast for the week of October 23, 2017, Technical Analysis
WTI Crude Oil The WTI Crude Oil market initially dipped during the week, but then reached towards the $52.50 level above. This is an area that has been resistive in the past, so if we were to break above there, more specifically close above there on a daily timeframe, it’s likely that we would continue … Continue reading Crude Oil forecast for the week of October 23, 2017, Technical Analysis
- Investing.com•yesterday
Crude Oil Prices Settle Higher as Middle East Tensions Disrupt Supply
Investing.com – Crude oil prices settled higher on Friday as political tensions in the Kurdistan region continued to disrupt crude supplies offsetting signs of wavering U.S. demand.
- FX Empire•yesterday
Crude Oil Price Analysis for October 23, 2017
Crude oil prices rebounded on Friday, after initially testing lower levels. This week the EIA reported a larger than expected draw in inventories, but the rising dollar weighed on prices. OPEC has been moving inventories back into balance, and with distillate stocks in the United States near the bottom end of the 5-year range, prices … Continue reading Crude Oil Price Analysis for October 23, 2017
- Market Realist•yesterday
Short Interest Trends in Anadarko Petroleum Stock
On October 17, 2017, Anadarko Petroleum’s (APC) short interest as a percentage of float was ~2.21%. On January 3, 2017, it was ~2.24%.
- Market Realist•yesterday
Commodities Are Mixed in the Early Hours on October 20
At 7:20 AM EST on October 20, the WTI crude oil futures contracts for November 2017 delivery were trading at $50.81 per barrel—a fall of ~0.94%.
- Investing.com•yesterday
Crude Oil Prices Rise as Optimism Persists
Investing.com - Crude oil prices rose on Friday, recovering from the previous session's sharp losses as optimism over the tightening of the market persisted.
- The Telegraph•yesterday
Noble Group trading grinds to a halt amid rumoured deal with Vitol
Noble Group trading grinds to a halt amid rumoured deal with Vitol
- Reuters•2 days ago
Crude or condensate? The dilemma over Nigeria's oil-cut exemption
By Libby George LONDON (Reuters) - When OPEC agreed to exempt Nigeria from its oil production-restraint deal last year, it knew the country faced a huge challenge in recouping output lost due to militant unrest. As tensions subside and the country pumps closer to normal levels, another dilemma looms for the producer group as it continues efforts to eradicate a price-sapping oil glut - how to count Nigeria's crude output without mixing in condensates. The answer could determine when – and indeed if ever – Nigeria has to cut or curtail oil production, its key source of foreign currency.
- Investing.com•2 days ago
Gold Prices Dip In Asia With India Support Absent, Japan Polls Eyed
Investing.com - Gold prices drifted lower in Asia on Friday with support from physical demand during India's festive season failing to aid sentiment and political risk on the back burner.
Reuters•yesterdayOil prices flat; weak U.S. demand offsets Mideast tensions
By Jessica Resnick-Ault and Ahmad Ghaddar NEW YORK (Reuters) - Oil prices were flat on Friday in see-saw trade, under pressure from weak U.S. demand but drawing support from a sharp decline in Iraqi crude exports due to tensions in the Kurdistan region. U.S. light crude was 10 cents higher at $51.39. Brent crude was up 24 cents at $57.47 a barrel by 11:44 a.m. EST.
- Investing.com•2 days ago
Gold Prices Set to Snap 3-Day Losing Streak as Geopolitical Uncertainty Spikes
Investing.com – Gold prices rose on the Thursday as an uptick in political uncertainty in Spain weighed on risk sentiment while ongoing dollar weakness added to upside momentum in the precious metal.
- Oilprice.com•2 days ago
Russia Goes All In On Arctic Oil Development
Fighting sanctions and low oil prices, Russia is taking a giant gamble with its plans to develop oil resources in the Arctic
- Barrons.com•2 days ago
9 Energy Stocks With Upside at $50 Oil
On the presumption that OPEC's oil-production restraint appears to be working, some exploration companies are well-positioned for upside, Wells Fargo analysts conclude. Analysts Roger D. Read and Lauren ...
- Market Realist•2 days ago
How Will 3Q17 Earnings Impact Anadarko Petroleum Stock?
Since the beginning of this year, Anadarko Petroleum (APC) stock has mostly been in a downtrend, along with most of the energy stocks.
- Oilprice.com•2 days ago
OPEC Looks To Permanently Expand The Cartel
OPEC Secretary General Mohamed Barkindo has called for an ‘institutionalization’ of the deal the cartel has with non-OPEC members
Reuters•2 days agoVenezuela's deteriorating oil quality riles major refiners
By Alexandra Ulmer and Marianna Parraga CARACAS/HOUSTON (Reuters) - Venezuela's state-run oil firm, PDVSA, is increasingly delivering poor quality crude oil to major refiners in the United States, India and China, causing repeated complaints, canceled orders and demands for discounts, according to internal PDVSA documents and interviews with a dozen oil executives, workers, traders and inspectors. The disputes involve cargoes soiled with high levels of water, salt or metals that can cause problems for refineries, according to the sources and internal PDVSA trade documents seen by Reuters. The quality issues stem from shortages of chemicals and equipment to properly treat and store the oil, resulting in shutdowns and slowdowns at PDVSA production facilities, along with hurried transporting to avoid late deliveries, the sources said.
- Market Realist•2 days ago
US Crude Oil Production Is near 4-Year Low
The EIA estimates that US crude oil production fell by 1,074,000 bpd (barrels per day) to 8,406,000 bpd on October 6–13, 2017.
- Market Realist•2 days ago
How Long Supply Outages in Kurdistan Could Help Oil Prices
December US crude oil (UCO) (USL) (OIL) futures contracts were trading flat at $52.26 per barrel in electronic exchange at 2:20 AM EST on October 19, 2017.
- Market Realist•2 days ago
Where Natural Gas Prices Stand next to Oil Prices
Between October 11 and October 18, 2017, natural gas active futures had a correlation of -53.1% with US crude oil futures.
- Market Realist•2 days ago
The Smell of Natural Gas: Ripe for a Pullback?
On October 18, natural gas November futures closed at $2.85 per MMBtu (million British thermal units)—3.6% below the last trading session's closing price.
- Market Realist•2 days ago
Will Oil Rigs Cause a U-Turn in Natural Gas Prices?
Last week (ended October 13, 2017), the natural gas rig count fell by two to 185, but on a YoY (year-over-year) basis, the natural gas rig count rose 76.2%.
- Market Realist•2 days ago
Will Anadarko’s 3Q17 Earnings and Revenue Beat Estimates?
Anadarko Petroleum (APC) plans to release its 3Q17 earnings on October 31, 2017, after the markets close. Its 3Q17 revenue estimate stands at ~$2.4 billion.
- Oilprice.com•2 days ago
Norway’s Energy Minister Sees Strong Long-Term Demand For Oil
In an interview with Bloomberg, Norway’s Energy Minister Soviknes said that he expects strong long-term demand for crude
