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US Rig Count Rise Continues As Crude Production Hits 20-Month Highs
Article By: Tyler Durden
Friday, April 28, 2017 1:59 PM EDT
From the May 2016 lows, the number of US oil rig counts have only declined 3 times and this week was no exception.
In this article: OIL Also: UGA
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Oil Closes Lower On Libya Oil Fields Starting Production
Article By: Anyoption
Friday, April 28, 2017 1:08 PM EDT
The biggest reason for oil prices falling was because of Libya restarting production in two key oil fields. The two oil fields in question are the Sharara and El Feel.
In this article: OIL, UGA
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Gold Prices May Rise As Soft US GDP Cools Fed Rate Hike Bets
Article By: DailyFX
Thursday, April 27, 2017 9:19 PM EDT
Gold prices are adrift in familiar territory, mirroring consolidation in the US Dollar and the priced-in 2017 rate hike path implied in Fed Funds futures. The spotlight now turns to first-quarter US GDP figures.
In this article: GLD, OIL, USO
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Crude Oil Price Recovery Aborted As Trump Tax Plan Disappoints
Article By: DailyFX
Thursday, April 27, 2017 5:01 AM EDT
Crude oil prices drop with stocks on Trump tax proposal. Risk aversion may trim bond yields, help gold extend gains.
In this article: GLD, OIL
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Gold Prices Drop As Markets Set Sights On Trump Tax Plan
Article By: DailyFX
Wednesday, April 26, 2017 5:00 AM EDT
Gold prices sank as firming risk appetite sapped haven demand for Treasury bonds and drove yields higher.
In this article: GLD, OIL
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The Oil War Is Only Just Getting Started
Jason Stewart 2/6/2017 9:22:34 PM

#OPEC can very well try to appear unfazed but their influence on the global #oil market has been on a decline for quite some time. What we are seeing now is a perfect example of their waning influence. They've gone through considerable lengths with the current production deals in order to prop up the oil price. The end result is a stabilization around $50 - $60. The rebound in US oil rigs ensures that the oil price will never reach its previous highs. $OIL $UCO $USO

Gasoline Inventories Increase, But We Continue To See Signs That The Oil Supply Glut Is Ending
Kurt Benson 6/23/2015 2:20:48 AM

Nicely done. This is why I'm bullish $OIL heading higher into 2016!

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