Oil Prices Rose After Agreement on Supply Cuts
Oil prices gained over $1 early on today with crude oil trading at $59.80, after Saudi Arabia, Russia and Iraq supported an extension.......
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Trade Magnates Team
Jun 26, 20191 min read
Oil Prices Rose Amid Falling US Crude Stocks and Increased Tension with Iran
Oil prices were up on Wednesday as tension rose between the US and Iran. WTI crude futures were at $58.90, up by nearly 2% and Brent crude f
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Trade Magnates Team
Jun 14, 20191 min read
Oil Prices Up After Attacks on Two Oil Tanker Ships
Oil prices rose after two oil tanker ships in the Gulf of Oman were attacked. US Crude Oil prices were up reaching around $52.5 per barrel..
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Trade Magnates Team
Jun 12, 20191 min read
Oil Prices Dropped Amid Changes on Demand Forecasts
Oil prices declined on Wednesday as the US Energy Information Administration, EIA, cut its forecasts for 2019 world oil demand growth, ....
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Trade Magnates Team
Dec 11, 20171 min read
Oil Prices Dropped on Monday Amid US Increased Production
Trade Magnates - Oil prices dropped on Monday as US output rose last week which could undermine OPEC efforts to cut productions and control
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Trade Magnates Team
Dec 5, 20171 min read
Oil Prices Continued To Decline As Investors Awaiting US API Report
Trade Magnates - Oil prices continued to decline on Tuesday as traders remain cautious ahead of the weekly report on US stockpiles by the (A
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Trade Magnates Team
Nov 27, 20171 min read
Oil Prices Started The Week Down Ahead of OPEC Meeting
Trade Magnates - Crude oil prices were uncertain on Monday ahead of Organization of Petroleum Exporting Countries, OPEC, meeting on Tuesday
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Trade Magnates Team
Nov 20, 20171 min read
Oil Prices Starting The Weak on a Weaker Form Than Last Session
Trade Magnates - Oil prices started the week on a lower note on Monday as expectations for an OPEC extension of output cuts has been decreas
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Trade Magnates Team
Nov 15, 20171 min read
Oil Prices Continued to Fall Amid Increases in The US Oil Inventories
Trade Magnates - Oil prices continued to fall on Wednesday extending Tuesday’s losses amid speculation over the weekly supply data that will
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Trade Magnates Team
Nov 9, 20171 min read
Crude Oil Declined After Disappointing US Inventory Data
Trade Magnates - Crude oil brought a halt to its bullish momentum due to disappointing US crude supplies report, as published by the Energy
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Trade Magnates Team
Nov 6, 20171 min read
Oil Prices Surge to its Highest Level Since July 2015
Trade Magnates - Oil prices rose on Monday to trade at its highest level since July 2015 near $55.75 a barrel. Oil prices were affected...
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Trade Magnates Team
Nov 1, 20171 min read
Oil Prices Rose After OPEC Improves Its Cuts Compliance
Trade Magnates - Oil prices rose on Wednesday after data showed that OPEC has improved it supply cuts limit and amid expectation of crude oi
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Trade Magnates Team
Oct 29, 20171 min read
Oil Prices at Their Highest Since March Amid Expectation of Output-Cut Extension
Oil prices moved higher with Brent Oil rising above $60 per barrel on Friday after the bullish comments by Saudi Arabia Crown Prince...
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Trade Magnates Team
Oct 19, 20171 min read
Oil Prices Trading On A High Note Amid Market Re-balancing Expectations
Trade Magnates -On Thursday, Crude oil is trading at its highest level in three weeks in a prominent indication of a market rebalance...
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Trade Magnates Team
Oct 12, 20171 min read
Oil Prices Fall As U.S. Inventories Rose
Trade Magnates -Oil prices cut off losses on Thursday, after data from the U.S. Energy Information Administration showed that domestic...
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Trade Magnates Team
Oct 11, 20171 min read
Crude Oil Higher - OPEC Expects Higher Oil Demand
Trade Magnates -Crude Oil stabilized higher on Wednesday following OPEC statement that the demand on oil is to increase in 2018. NYME...
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Trade Magnates Team
Oct 10, 20171 min read
Crude Oil Prices Up Amid OPEC Members Market Re-balancing Efforts
Trade Magnates -OPEC optimistic comments on re-balancing of the oil market has pushed the crude oil prices higher on Tuesday, WTI Crude...
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