Latest News for: Crude trading

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Crude Oil Price Forecast – Crude Oil Markets Bounce From Bottom of Triangle

FX Empire 14 May 2021
WTI Crude Oil ... I do think that the reopening trade continues to drive crude oil in general, so with that in mind I believe that buying short-term dips will probably continue to work out, especially as the 50 day EMA looks to be so supportive ... Crude Oil Video 17.05.21 ... Know where WTI Crude Oil is headed? Take advantage now with. Start Trading.
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Rand recovers in afternoon trade

Independent online (SA) 14 May 2021
At the close of local trade, the rand quoted 0.12 percent stronger at R14.10/$, after trading in range of R14.06/$ - R14.20/$. The rand traded steady overnight ... Brent crude oil ... At the close of local trade, benchmark Brent crude futures quoted 1.13 percent lower at $67.59pb. Crude prices extended losses during Asian trade this morning.
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In a twist, India’s new strategic oil reserves will be privately run

Business Line 14 May 2021
The revenue stream for the private operator includes leasing of commercial-cum-strategic petroleum reserve to a third party, trading of stored crude oil, lease rentals from the strategic petroleum reserves and single point moorings and ground lease rentals ... the stored crude oil.
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Crude Oil Price Update – Trader Reaction to $64.90 – $65.31 Should Determine Near-Term Direction

FX Empire 14 May 2021
West Texas Intermediate crude oil futures are edging higher on Friday shortly before the regular session opening ... At 08.50 GMT, July WTI crude oil futures are trading $64.31, up $0.47 or +0.74% ... Know where WTI Crude Oil is headed? Take advantage now with. Start Trading ... A trade through $62.82 will change the main trend to down.
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Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Bounce Around In Triangle

FX Empire 14 May 2021
WTI Crude Oil. The West Texas Intermediate Crude Oil market has initially pulled back during the course of the week only to find buyers at the bottom of the ascending triangle that has been so important for the last couple of months ... Know where WTI Crude Oil is headed? Take advantage now with. Start Trading.
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Oil Stocks Have Been Stuck. Why They Should Kick Into High Gear.

Barrons 14 May 2021
WTI crude oil, a global benchmark, is up 30% so far this year ... XLE) and WTI crude oil ... WTI crude oil, a global benchmark, is up 30% so far this year but has been stuck at around $64 a barrel—also since early March ... To be sure, crude is already trading above its pre-pandemic level, but strong economic demand could boost the price above $70 a barrel.
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Crude oil futures edge lower on low demand

The Times of India 14 May 2021
West Texas Intermediate crude oil was trading 0.17 per cent lower at USD 63.71 per barrel, ...
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Commodities Market as of May 14

Ghana Web 14 May 2021
On the commodities market today May 14, 2021, Crude Oil is trading at sixty-four dollars, five cents ($64.5) closing the 20th trade week of the 2021 fiscal year as compared to last Wednesday’s ...
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Sensex ends marginally higher; Nifty stays below 14,700

The Times of India 14 May 2021
Rollback of localised lockdowns and trend of inflation in many global commodities like crude oil and steel will be other key factors to watch out for, she noted ... Meanwhile, international oil benchmark Brent crude was trading 0.92 per cent higher at $67.67 per barrel.
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Sensex ends marginally higher to finish just below 48,000 mark

The Telegraph India 14 May 2021
Rollback of localised lockdowns and trend of inflation in many global commodities like crude oil and steel will be other key factors to watch out for, she noted ... Meanwhile, international oil benchmark Brent crude was trading 0.92 per cent higher at USD 67.67 per barrel.
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World stocks up, dollar dips as Fed officials calm inflation fears

Metro USA 14 May 2021
The MSCI World Index, a broad gauge of equity markets globally, was up 0.3% in early European trading, adding to Thursday’s 0.4% gains after a loss of more than 4% since the start of the week ... Benchmark 10-year Treasury yields were down fell by nearly 4 basis points overnight and eased further to trade at 1.6539%.
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World stocks rise, dollar dips after Fed’s inflation reassurances

Business Day 14 May 2021
The MSCI world index, a broad gauge of equity markets globally, was up 0.3% in early European trading, adding to Thursday’s 0.4% gains after a loss of more than 4% since the start of the week ... Benchmark 10-year Treasury yields were down fell by nearly 4 basis points overnight and eased further to trade at 1.6539%.
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Commodities are the cheapest asset class in the world now: Jim Rogers

The Times of India 14 May 2021
Crude oil prices continue to trade below the pre-pandemic levels. Some experts suggest that the pandemic could change the demand patterns for crude completely ... In the meantime, the known reserves of crude oil all over the world continue to decline. So I would suspect that crude oil is making a complicated bottom here.
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U.S. stocks extends recovery; dollar, bond yields dip

Metro USA 14 May 2021
Mega-cap growth stocks, which have been beaten down this week on concerns over their lofty valuations, led gains in early trading with Apple Inc, Amazon.com Inc and Microsoft Corp gaining about 1% each and Tesla Inc adding 2% ... Brent crude was up 1.7% at $68.19 a barrel, while U.S. West Texas Intermediate crude was up 1.6% at $64.84 a barrel.

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