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Oil falls below $70 as U.S. crude enters 'bear market'Oil prices fell to multi-month lows on Friday as global supply increased and inv... Doesn’t Oil always go down around the holidays? KanchanGupta Lady Luck never ceases to romance Modi... Yet price gouging by fuel retailers means we will not get relief at the bowser.
Source: Reuters - 🏆 2. / 97 Read more »
US crude falls into bear market as growing oil output points to oversupplyOil rose on Thursday, recovering modestly from this week's three-week lows, after record Chinese crude imports soothed some concern that demand in the world's largest commodity buyer may be flagging just as global supply is rising. Again I say, selfishly I suppose, I am soooooo loving low pump prices. I'll bet those just trying to get to their jobs would agree. Excellent timing to squeeze Iran all the more with sanctions Iran who? Russia is really going to need extra oil.
Source: CNBC - 🏆 12. / 72 Read more »
Crude oil plunges into bear marketThe boom-to-bust oil market has rapidly gone from spiking to crashing. More FakeNewsCNN Prices go up prices go down over n over n over Hey fake news how many times did oil go up and down under Oboner?
Source: CNN - 🏆 4. / 95 Read more »
Oil rises as China reports record crude imports, but soaring U.S. output keeps market in checkOil prices rose on Thursday after record Chinese crude imports eased concerns th... Dedicated Surgeon Treks 8 Miles Through Snow to Operate on Cancer Patient bCO
Source: Reuters - 🏆 2. / 97 Read more »
Here’s what U.S. waivers on Iran oil sanctions would mean for the global crude marketU.S. sanctions on the Iranian energy sector begin next week, but speculation Friday that the U.S. plans to issue waivers on the sanctions, allowing some countries to continuing buying oil from Iran, feeds anxiety over a potential over supply.
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. crude gains, slowing global economy challenge oil market in 2019: IEAU.S. oil production growth combined with a slowing global economy will put oil p... World economy has been sliding. At the same time the US economy is growing.
Source: Reuters - 🏆 2. / 97 Read more »
US crude closes in bear market territory, settling at $60.67, down 21% from 52-week highU.S. crude prices dropped for a ninth consecutive session on Thursday, falling into a bear market, on further signs of growing supply. The Middle East is dumping cheap oil in the market, shouldn't President Trump be calling for trade talks and putting tariffs on Middle East oil? rising output - yes...deteriorating demand - no. Does it bring you joy to see our economy perform bad for the sake of making our duly elected PRESIDENT look bad? Vile!
Source: CNBC - 🏆 12. / 72 Read more »
U.S. oil benchmark settles lower, enters bear market
Source: MarketWatch - 🏆 3. / 97 Read more »
US oil falls below $60 as US bear market deepensBoth Brent and U.S. West Texas Intermediate crude oil futures have declined by about 20 percent from four-year highs seen in early October. Some bear markets are more popular than others. crude crudeoil oil Trading_Tech For webmasters who need partners in doing this time job, there is an easier way. Nice!
Source: CNBC - 🏆 12. / 72 Read more »
U.S. Oil Enters Bear Market on Rising Inventories, Worries of OversupplyU.S. oil prices fell into a bear market intraday Thursday, with prices declining for a ninth straight session on worries over rising U.S. crude oil inventories and concerns of a global supply surplus that could overwhelm demand. Manipulation of oil prices amid sanctions against Iran will lead to an oil price of $100 per barrel and above.
Source: WSJ - 🏆 98. / 63 Read more »