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Tag: oil

By clickforexIn ForexPosted April 4, 2019

Brent rolled back from $ 70 due to rising US crude stocks

Oil prices slipped a second day on Thursday, with Brent edging down further from the $70 mark after weekly U.S. oil data showed a surprise build in crude inventories and record production. Brent futures were down 3 cents at $69.28...

Tags: Daily Outlook, oil
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By clickforexIn ForexPosted April 3, 2019

Oil at highs: geopolitics and OPEC + may further increase the cost of a barrel

Crude advanced to the highest this year after a further reduction in supply from OPEC signaled that global markets are tightening. Futures in New York added 1.6 percent on Thursday to close at the highest level since November. Declines in...

Tags: Daily Outlook, oil, OPEC+
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