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Stocks dip on tariff fears as oil prices surge to 4-year high

Los Angeles Times - 9/25/2018 5:00:00 AM
The euro edged up to $1.1758 from $1.1747. 3 p.m: This article was updated with additional analysis. 1:40 p.m.: This article was updated with closing prices. 8:45 a.m.: This article was updated with more detail about stock and commodity price movements.

Oil hits four-year peak after OPEC shows no sign of turning on the taps

CNBC - 9/25/2018 2:46:00 AM
Crude oil prices hit a four-year high as U.S. sanctions on Iranian ... the market is ill-equipped to fill the supply gap," Harry Tchilinguirian, global head of commodity markets strategy at French bank BNP Paribas, told the Reuters Global Oil Forum on ...

Even the bulls won’t like what happens if oil hits $100: analyst

MarketWatch - 9/25/2018 1:05:00 PM
Helping out prices is the fact an oil-supportive Iran embargo also ... who noted a couple of pretty bullish calls from commodities traders laying out the case for $100-a-barrel oil by early 2019, driven by the loss of up to 2 million barrels of oil a ...

Major Traders Are Talking About $100 Oil Again

Bloomberg L.P. - 9/24/2018 5:59:45 AM
Francisco Blanch, head of commodities research at Bank of America Corp., said ... only to crash just months later as high fuel prices and the global financial crisis triggered a slump in demand. This time, the deepening trade war between the U.S. and ...

UPDATE 1-Oil prices could rise to $100 a barrel by 2019, warn merchants

Reuters - 9/24/2018 5:34:00 AM
SINGAPORE, Sept 24 (Reuters) - Oil prices could rise towards $100 per barrel by 2019 as U.S. sanctions against Iran tighten markets, commodity merchants Trafigura and Mercuria said on Monday at the annual Asia Pacific Petroleum Conference (APPEC ...

BP Trading Chief Says Oil Price Spike Could be Short-lived

Rigzone - 9/25/2018 3:04:00 PM
Brent climbed above $80 a barrel on Monday after OPEC and its allies signaled less urgency to boost output despite pressure from U.S. President Donald Trump to temper prices. Crude's recent rally has spurred a divergence from other commodities like copper ...

Crude Oil Prices May Give Up OPEC-Linked Gains on Trade War Fears

DailyFX - 9/24/2018 3:25:00 AM
Gold prices continue to stall below the August 28 high at 1214.30. A daily close above that exposes support-turned-resistance in the 1235.24-41.64 area. Alternatively, a turn below range support marked by the August 24 lowat 1183.28 paves the way for a ...

Oil hits four-year high after OPEC+ shows no sign of turning on the taps

Reuters - 9/25/2018 9:15:00 AM
The oil price is on course for its fifth consecutive quarterly increase ... the market is ill-equipped to fill the supply gap,” Harry Tchilinguirian, global head of commodity markets strategy at French bank BNP Paribas, told the Reuters Global Oil ...