US EditionCrude Oil Prices up – The Indian Awaaz
6 Articles
6 Articles
US crude oil prices rose to $67 per barrel, breaking a three-day losing streak, primarily thanks to upbeat economic data from major oil consumers and signs of easing trade tensions.
Oil prices rose in Asian trading today, with analysts attributing the rise to concerns over drone attacks on oil fields in northern Iraq and increased demand for the oil in recent weeks, Reuters reported.
Oil Prices Trading In Important Price Range
Now that the stock market calendar range for July is set, let’s look at crude oil futures. First, there is the chart of the United States Oil Fund ETF (NYSEARCA: USO) for those who prefer to trade the ETFs rather than commodities futures This chart unveils a lot about this oil ETF. The USO Daily chart shows a couple of interesting data points. It has underperformed the benchmark since late June. The momentum (real motion) remains in a bullish d…
Crude Oil Prices up – The Indian Awaaz
Oil prices rose today, even as global trade tensions appeared to cool, while analysts pointed to low inventories and renewed West Asia risks as factors which were supporting the market.Brent Crude was trading over 0.2 percent up at 68 dollars and 68 cents per barrel, while WTI Crude was also trading over half per cent […]
Oil prices are rising today. Analysts say low inventories and renewed risks in the Middle East are supporting the market. At around 17:35 our time, the price of North Sea Brent crude oil rose by 0.6 percent and was selling for 68.96 dollars per barrel. American light crude WTI gained 1.1 percent at the same time and was selling for 67.10 dollars per barrel. US President Donald Trump said that he would soon send letters to smaller countries infor…
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