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    • Ll1979 replied Apr 9, 2019

      US EIA CUTS WORLD OIL DEMAND GROWTH FORECAST 2019 BY 50K BPD 9 April 2019, 20:01 US EIA cuts world oil demand growth forecast 2019 by 50K Bpd: Now Sees 1.40M Bpd yoy increase. 2020 Forecast cut by 10K Bpd. Sees 1.45M Bpd yoy increase. Brent crude ...

      WTI Crude Oil Trading
    • Ll1979 replied Apr 8, 2019

      Having my eye on the 64.29 area for an potential short scalp. No long term short positions for me yet (besides my 53,xx short) the fib 61,8 levels were crushed and the Libya situation might trigger the price of oil to move further up.

      WTI Crude Oil Trading
    • Ll1979 replied Apr 4, 2019

      WTI MEETS A KEY TECHNICAL THRESHOLD AND SULKS JUST BELOW 63 HANDLE 4 April 2019, 22:04 Following a dip in yesterday's trade, sparked by an unexpected build in U.S. crude inventories, West Texas Intermediate crude remains under pressure on a ...

      WTI Crude Oil Trading
    • Ll1979 replied Apr 4, 2019

      WTI firm, targets 2019 highs near $63.00/bbl 4 April 2019, 14:34 Prices of WTI recover ground above the $62.00 mark today. US crude oil supplies rose on Wednesday, according to EIA. OPEC+ deal, sanctions keep bolstering the rally in prices. The ...

      WTI Crude Oil Trading
    • Ll1979 replied Apr 4, 2019

      Although WTI being overbought there was no clear rejection from the 63 area. Despites the bad inventory numbers WTI still hoovers around current levels. After yesterdays choppy sessions i will watch the sideline for clear directions. Fib 61,8 level ...

      WTI Crude Oil Trading
    • Ll1979 replied Apr 3, 2019

      EIA: COMMERCIAL CRUDE OIL INVENTORIES INCREASED BY 7.2 MILLION BARRELS FROM PREVIOUS WEEK 3 April 2019, 17:33 Below are some key highlights from the weekly oil market report published by the U.S. Energy Information Administration. U.S. crude oil ...

      WTI Crude Oil Trading
    • Ll1979 replied Apr 3, 2019

      WTI recedes from 2019 highs near $62.80 3 April 2019, 16:17 Prices of the WTI clinched fresh yearly highs near $63.00/bbl. API reported a nearly 3M barrel build late on Tuesday. EIA report on supplies coming up next. The upbeat sentiment around ...

      WTI Crude Oil Trading