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(MENAFN - DailyFX) Crude OilTalking Points: Three top oil forecasting agencies have highlighted non-OPEC supply as a downward pressure Despite an OPEC cut, supply should remain co...
More from Middle East North Africa Financial Network (MENAFN):
Light, sweet crude oil prices gained for a third consecutive trading session on the New York market Feb. 14, settling above $54/bbl.
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FirstPost (India) 02/15/2019 03:06
The international benchmark for crude oil prices is at a near 3-month high and set for a 4.5-percent gain for the week. The post Crude oil hits 2019 highs amid OPEC cuts, partial Saudi field outage; analysts say US output may rise appeared first on Firstpost .
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DailyFX 02/15/2019
CRUDE OIL TECHNICAL ANALYSIS Crude oil prices continue to pressure chart resistance, but a bearish Evening Star candlestick pattern still warns of topping.
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Platts 02/14/2019 22:14
The continued slowdown in US drilling activity comes as West Texas Intermediate crude oil prices continue to hover in the low-$50/b area.
More from Platts: 02/14/2019 03:41
Markets were also supported by upbeat China trade data, including for crude oil.
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Crude oil inventory added +3.63 mmb to 450.84 mmb (consensus: +2.67 mmb.
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Seeking Alpha 02/13/2019 15:06
Asian Pacific refiners had halted purchases of Iranian crude oil amid US sanctions, despite the existence of waivers, and did not resume imports until recently when Japan and South Korea received their first cargoes in months.
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Since December, however, the prices of medium and heavy crude oils have increased relative to light, sweet crude oils.
More from U.S. Energy Information Administration (EIA):
NASDAQ 02/13/2019 13:15
Midway through trading Wednesday the Dow traded up 0 43 percent to 25 535 10 while the NASDAQ climbed 0 22 percent to 7 431 02 The S amp P also rose gaining 0 34 percent to 2 754 12 Leading and Lagging Sectors On Wednesday the energy shares climbed 1 8 percent Meanwhile.
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