Tag Archives: Crude Oil
Crude Oil Analysis
September Nymex WTI prices are trading in positive territory Friday as the sharp risk rally observed during the previous session has remained intact so far during Asian traded hours.
Crude Oil Analysis
September Nymex WTI prices have slipped back into negative territory Thursday, pressured by some moderate risk aversion and some profit taking after two days of gains.
Crude Oil Analysis
September Nymex WTI futures are trading in negative territory Wednesday in tandem with a general extended risk-off tone observed across markets is Asia this morning.
Crude Oil Analysis
September Nymex WTI futures are trading in positive territory Tuesday after posting their lowest close in a week. September WTI futures ended Monday’s session sharply lower, settling at $88.14 a barrel, a huge drop of 4.2% on the day as more adverse eurozone headlines sent risk assets into deep negative territory across the board.
Crude Oil Analysis
September Nymex WTI futures are trading in negative territory Monday in tandem with a general risk-off theme observed across Asian markets this morning. WTI had ended Friday’s session 1.2% lower at $91.83 a barrel.
Crude Oil Analysis
September Nymex WTI futures are trading modestly lower Friday after posting an eight-week high during the previous session. August futures, which expire today, ended Thursday’s session at $92.66 a barrel, up $2.79, after trading up to an intra-day high of $92.94, the highest level seen since May 22.
Crude Oil Analysis
August Nymex WTI futures are trading higher Thursday, extending their gains from the previous session. August WTI, which expires on Friday, ended the session 65 cents, or 0.7%, higher at $89.87, with prices underpinned by geopolitical issues involving violence in Syria and rising tensions in Iran.
Crude Oil Analysis
August Nymex WTI prices are trading in negative territory Wednesday as the market digests Tuesday’s testimony by US Federal Reserve Chairman Ben Bernanke.
Crude Oil Analysis
August Nymex WTI prices are trading narrowly higher Tuesday after posting a positive close for the fourth straight session yesterday. WTI ended Monday’s session 1.5% higher to close at $88.43 a barrel, the highest close seen since May 29.
Crude Oil Analysis
August Nymex WTI prices are trading narrowly lower Monday after ending Friday’s session $1.02 higher at $87.10 a barrel. The news on Sunday that Saudi Arabia and the United Arab Emirates had opened new pipelines bypassing the Strait of Hormuz, the shipping lane that Iran has repeatedly threatened to close, has not really made any […]
Crude Oil Analysis
August Nymex WTI prices are trading around unchanged levels Friday, recovering from a slip back in early Asian trade. WTI ended Thursday’s session 27 cents higher, posting a close of $86.08, up 27 cents on the day, gaining some moderate support from the tightening of US sanctions against Iran.
Crude Oil Analysis
August Nymex WTI prices have slipped back into negative territory Thursday after settling up $1.90 at $85.81 a barrel during Wednesday’s session.
