UNITED STATES BRENT OIL FUND Blog | Talkmarkets | Page 1
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Crude Glut Eclipse
Article By: Phil Flynn
Monday, August 21, 2017 9:00 AM EDT
The oil trade has been totally eclipsed by the focus on the so called glut of crude even as the oil market, due to massive supply withdrawals, is the tightest it’s been in years when you compare it to record demand.
In this article: BNO Also: DBO, OIL
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Oil Prices Are Rising
Article By: Phil Flynn
Friday, August 18, 2017 9:12 AM EDT
Oil prices are rising after Genscape reported that supplies in Cushing, Oklahoma suddenly plunged by one million barrels. This is adding to the perception that the physical oil market is tightening much faster.
In this article: BNO, OIL
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This Oil Price Rally Has Reached Its Limit
Article By: OilPrice
Wednesday, August 2, 2017 7:16 AM EDT
Oil traders are much more optimistic than they were just a month ago, and the market is on the upswing. However, the rally could run out of steam in the not-so-distant future.
In this article: BNO Also: DBO, OIL
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E Crude Oil Looking Down For A Temporary Correction
Article By: Gregor Horvat
Tuesday, August 1, 2017 10:04 AM EDT
Crude oil made a sharp drop in the last couple of hours, which can be an indication that a top for blue wave v had been found at the Fibonacci projection zone of 61.8.
In this article: BNO, DBO, OIL
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WTI Surges Towards $50 - Breaks Above Key Technical Level
Article By: Tyler Durden
Friday, July 28, 2017 10:53 AM EDT
Ahead of today's rig count data, WTI (and Brent) Crude is extending its short-squeeze gains after the bullish inventory data trend was confirmed (shrugging off the surge in production).
In this article: OIL, BNO, USO Also: HAL
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