Posts

Showing posts from September, 2019

Oil prices recover after output from US, Russia, OPEC drop - CNBC

Image
A oil rigger at the Schlumberger field prepares pipes in Midland, Texas on December 16, 2008.Kirk McKoy | Los Angeles Times | Getty Images Oil prices rebounded on Tuesday on reports that production at the world's largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns continued to keep a lid on prices.December Brent crude futures rose 51 cents, or 0.86% to $59.76 a barrel by 0426 GMT, while U.S. West Texas Intermediate crude for November was up 52 cents, or 0.96%, at $54.59 a barrel.Front-month prices for both contracts posted their largest quarterly falls this year on Monday, hurt by a slowdown in global economic growth amid the U.S.-China trade war."Asia has seen some profit-taking from short-term money and other bargain hunters," Jeffrey Halley, a senior market analyst for Asia Pacific at OANDA in Singapore, said."Any rallies though are likely to be met with plenty of sellers as a slowing global economy and th…

Oil drops 3.3% on Chinese data, Saudi output recovery - CNBC

Image
The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018.Ali Mohammadi | Bloomberg | Getty Images Oil fell on Monday as China's economic outlook remained weak amid an ongoing trade war with the United States and market fears of supply shortfalls and conflicts in the Middle East after the Sept. 14 attack on Saudi Arabia faded.Brent crude futures were down $1.16, or 1.9%, at $60.75 a barrel. U.S. West Texas Intermediate (WTI) crude futures fell $1.84, or 3.3%, to settle at $54.07.Both benchmarks were on track for little price changes in September after volatile month where prices spike nearly 20% after the attacks halved Saudi Arabia's output, but have pared nearly all those gains as output has been quickly restored. For the quarter, however, global benchmark Brent was set for a 8.6% loss, while WTI was down about 6.1%, as concerns that the trade war between the United States and China has pl…

Crude Oil Price Forecast - Crude oil markets continue to show weakness - FX Empire

Image
WTI Crude OilThe West Texas Intermediate Crude Oil market has fallen rather hard during the trading session on Monday, testing the $55 level underneath which of course was the scene of the bottom of the gap from the Saudi drone strike. At this point, the market looks as if it is trying to break down and the fact that we are testing a couple of hammers suggests that the market is hell-bent on breaking below. However, there is a ton of support underneath so I suspect that we will see another bouncer to be for the market can truly break down. To the upside I suspect that the blue 200 day EMA is essentially the “ceiling” in the marketplace.Crude Oil Video 01.10.19[embedded content]BrentBrent markets broke down significantly during the Monday session as well, as we continue to test the $60 level. That’s an area that has been a very supportive level and of course the scene of where the gap occurred from the drone strike. Now that we are testing the bottom of this gap, one would expect some …

Oil drops 3.3% on Chinese data, Saudi output recovery - CNBC

Image
Oil drops 3.3% on Chinese data, Saudi output recovery - CNBCOil drops 3.3% on Chinese data, Saudi output recovery - CNBCOil prices head for big weekly loss as supply fears wane - CNBCSaudi Arabia's crown prince says oil prices could go 'unimaginably high' unless 'firm action' is taken on Iran - Business InsiderOil drops 3.3% on Chinese data, Saudi output recovery - CNBCPosted: 30 Sep 2019 02:52 AM PDT The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018.Ali Mohammadi | Bloomberg | Getty Images Oil fell on Monday as China's economic outlook remained weak amid an ongoing trade war with the United States and market fears of supply shortfalls and conflicts in the Middle East after the Sept. 14 attack on Saudi Arabia faded.Brent crude futures were down $1.16, or 1.9%, at $60.75 a barrel. U.S. West Texas Intermediate (WTI) crude futures fell $1.84, or …

${latestItem

Image
${latestItemOil drops 3.3% on Chinese data, Saudi output recovery - CNBCCrude Oil Price Forecast - Crude oil markets continue to show weakness - FX EmpireCrude Oil Price Forecast - Crude oil markets trying to fill the gap - FX EmpireOil Prices To Rise - Seeking AlphaOil drops 3.3% on Chinese data, Saudi output recovery - CNBCPosted: 30 Sep 2019 02:52 AM PDT The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018.Ali Mohammadi | Bloomberg | Getty Images Oil fell on Monday as China's economic outlook remained weak amid an ongoing trade war with the United States and market fears of supply shortfalls and conflicts in the Middle East after the Sept. 14 attack on Saudi Arabia faded.Brent crude futures were down $1.16, or 1.9%, at $60.75 a barrel. U.S. West Texas Intermediate (WTI) crude futures fell $1.84, or 3.3%, to settle at $54.07.Both benchmarks were on track for little price changes in Septem…

USO: Bearishness Restarts - Seeking Alpha

[unable to retrieve full-text content]USO: Bearishness RestartsSeeking Alpha

https://ift.tt/2n0sGPa

Free Things to Do in NYC This Week - September 22-September 29 - City Guide NY

Image
Free Things to Do in NYC This Week - September 22-September 29 - City Guide NYFree Things to Do in NYC This Week - September 22-September 29 - City Guide NYGas prices drop slightly in northern New England - Press HeraldCrookston soybean crush facility will benefit nearby growers - Grand Forks HeraldFree Things to Do in NYC This Week - September 22-September 29 - City Guide NYPosted: 22 Sep 2019 09:01 PM PDT Photo: Andres Nieto Porras/Flickr 
You can never run out of things to do in New York City, and that includes things that are free of charge! Pinch some pennies with City Guide's list of free things to do in NYC this week. You may just be surprised at how little it'll cost you to have a great time in the world's greatest city, with music, museums, and other free events awaiting.Urban Indian: Native New York Now - Museum of the City of New York
Through February 15, 2019 - New YorkToday, more than seventy percent of the Native American population in the United States lives i…