oil fundamental analysis

Crude Oil prices are heading to a very bearish week with prices currently down by over 7.50% on a week to date basis. After closing last week at $49.18 a barrel, WTI Crude oil futures opened this week slight lower at $49.12 and after a…
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WTI Crude oil prices gained strongly yesterday, ending 4.20% higher for the day at $49.88. The gains in the Crude oil markets came after a larger than expected drawdown in the inventory report. Data from the US Energy Information…
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WTI Crude oil prices have been trending lower over the past few weeks, but it is very likely that oil prices will soon resume a new leg to the bullish rally in the near term. Yesterday, Crude oil futures for August delivery fell 1.44% after…
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As Crude Oil prices continue to chug along higher, the hitherto bearish narrative surrounding OPEC producers is clearly turning into a broken record. Oil prices are steady for nearly 3 months, make that four if you count the doji close in…
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