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ForexLive 08/03/2020 14:35
Close up $0.74 or 1.84%. The high for the day for the September contract reached $41.24. The low extended to $39.58. The price remains below its 50% retracement of the 2020 at $41.71. The 100 day moving average should start to move back to the upside. That moving average is currently at $34.65. The higher 200 day.
MarketWatch 07/31/2020 13:10
The U.S. crude-oil benchmark remained up slightly Friday after data from oilfield services firm Baker Hughes showed the number of U.S. oil rigs fell by 1 to 180 this week. West Texas Intermediate crude for September delivery on the New York Mercantile Exchange was up 8 cents, or 0.2%, at $40 a barrel in choppy, end-of-month trading. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch 07/30/2020 14:47
Oil futures fell Thursday, with U.S. prices ending below $40 a barrel for the first time in at least three weeks. U.S. GDP dropped at a record 32.9% rate in the second quarter, feeding worries about energy demand. September West Texas Intermediate oil declined by $1.35, or 3.3%, to settle at $39.92 a barrel on the New York Mercantile Exchange. That marked the first settlement below $40 for a front-month contract since July 9, according to FactSet data. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch 07/29/2020 14:41
Oil futures settled higher Wednesday, buoyed by the 10.6 million-barrel weekly decline in U.S. crude supplies reported by the Energy Information Administration. An unexpected rise in gasoline inventories, however, raised concerns over weak fuel demand, pressuring prices for gasoline futures. September West Texas Intermediate oil rose 23 cents, or 0.6%, to settle at $41.27 a barrel on the New York Mercantile Exchange. August gasoline fell 2 cents, or 1.9%, to $1.2415 a gallon. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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