UNITED STATES BRENT OIL FUND Blog | Talkmarkets | Page 1
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SocGen: "Watch Out For Oil Spills" When There’s "Nothing Else To Do"
Article By: The Heisenberg Report
Friday, June 23, 2017 2:38 PM EDT
Both WTI and Brent are headed for their 5th weekly drop after crashing into a bear market earlier this week.
In this article: OIL, BNO
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Oil: Explaining The Drop In Oil Prices; What’s Next? – ABN AMRO
Article By: Yohay Elam
Thursday, June 22, 2017 1:21 AM EDT
ABN AMRO argues that they expect both Brent and WTI oil prices to recover towards USD 60/bbl. At this moment, they see no strong argument to lower this forecast based on the current negative market sentiment
In this article: BNO, OIL, USO
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Oil Production Rose To 9.35 Million Barrels A Day
Article By: Marvin R Clark
Thursday, June 22, 2017 1:07 AM EDT
The Energy Information Administration reports American crude stockpiles fell by 2.45 million barrels last week and gasoline supplies slid by 577,999 barrels. Meanwhile, oil production rose to 9.35 million barrels a day, the highest level in 2 years.
In this article: UPS, WMT, AMZN, SHLD, BNO, UGA
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Oil Crashes Into Bear Market: “It’s A Game Of Chicken”
Article By: The Heisenberg Report
Tuesday, June 20, 2017 10:01 PM EDT
If you were still bullish on crude going into Tuesday, then God bless you because oil just crashed into a bear market for the first time since last August.
In this article: BNO, OIL, USO
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Oil Plunges To November Lows On Sudden Volume Spike
Article By: Tyler Durden
Tuesday, June 20, 2017 7:40 AM EDT
Brent hit new year-to-date low at $45.85, after a one-minute burst of volume of a day-high 5,208 lots at 6:04am, taking out a 38.2% Fib support, after a one-minute spike in volume to a day-high 5,208 lots just after 6am.
In this article: BNO Also: DBO, OIL
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