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Crude Oil as novel coronavirus spreads

You might be wondering how a virus can affect the markets and significantly the Oil outlook. The answer to this is related to the...

Oil retests 57 barrier again – Supported by fundamentals

Oil remained supported ahead of the OPEC Plus committee later this week and as Saudi Arabia ousted its energy minister. The WTI future remains...

IEA trimmed oil demand for 2019

The IEA has cut its 2019 estimate for oil demand in its latest monthly report, blaming trade tensions and the associated consequences on the...

Glug, glug Oil down on the day but holds over $51.00

  USOIL, H1 & Daily USOIL prices are down over 2% at $51.20, extending a correction from yesterday's four-session high at $52.52. The decline was in...

OPEC Deal Done – Oil Prices Pop

USOil, Daily USOil surged to $54.09 highs, up from near $51.50 earlier in the day. The move comes as OPEC+ have apparently agreed to cut...

USOil confirms 50% reversal on 32-month gains

USOIL USOil closed on Friday at 13-month lows of $50.40. Despite talk of OPEC cutting production when it meets in Vienna early next month, prices...

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