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Oil Price Fundamental Daily Forecast – Steady to Higher Ahead of API Report

FXEmpire.com - 1/20/2021 6:15:00 PM
Traders believe a surge in debt-funded spending would be a positive for the global economy, demand for crude oil and commodity prices in general.

COLUMN-Ignore or enforce? Biden's dilemma on China's commodity purchases: Russell

Reuters - 1/21/2021 3:06:00 AM
GRAPHIC - China's imports of U.S. energy: tmsnrt.rs/3sHkrEz LAUNCESTON, Australia, Jan 21 (Reuters) - President Joe Biden inherits a problematic trade deal with China and the unpalatable choices of trying to make Beijing meet its commitments on purchases of U.

Oil dips after surprise rise in U.S. crude stocks; focus on Biden, stimulus

Nasdaq - 1/21/2021 5:16:00 AM
Oil slipped on Thursday after industry data showed a surprise build in U.S. crude inventories that reignited pandemic-led demand concerns, but stimulus hopes in the United States limited the downturn in prices.

Crude Oil Prices May Turn Lower as Market Risk Appetite Sours

DailyFX - 1/15/2021 6:00:00 AM
Crude oil prices managed to shrug off soggy risk appetite yesterday but may yet succumb to selling pressure. Technical positioning bolsters the case for a downturn.

Here are Wall Street’s favorite oil stocks for a 2021 recovery

MarketWatch on MSN.com - 1/19/2021 7:03:00 PM
A combination of supply cuts and demand increases has helped crude oil prices soar over the past 2½ months. Meanwhile, redlining by banks — more on that later — points to what may turn out to be a special advantage for the largest industry players.

Crude Oil Price Forecast – Crude Oil Recovers Slightly on Tuesday

FXEmpire.com - 1/19/2021 3:48:00 PM
Crude oil markets rallied a bit during the trading session on Tuesday as it looks like we are trying to find some type of stability.

Is It Too Late for Oil Stocks?

The Motley Fool on MSN.com - 1/20/2021 12:42:00 PM
Since the oil and gas crash of 2014 and 2015, the industry has been mostly out of favor on Wall Street. Between 2017 and 2020 the energy sector produced a negative 39% total return compared to the market's over 80% gain -- taking the meaning of underperformance to a whole new level.

Oil prices edge up on strong China data, U.S. crude oil draw

Reuters - 1/14/2021 1:02:00 PM
Oil prices edged higher on Thursday after a drawdown in U.S. crude stocks for a fifth straight week and robust data from China showing a surge in imports, though mounting coronavirus cases globally capped gains.

ETFs to Shine as Oil Gains on Stimulus Optimism

Nasdaq - 1/20/2021 9:00:00 PM
Oil price is rising as expectations are growing stronger that President-elect Joe Biden will provide support in recovering growth and energy demand in the United States. Weakness in dollar is also aiding the upside in oil prices.

Oil prices weaken after fall in December China crude imports

MarketWatch on MSN.com - 1/14/2021 1:28:00 PM
Oil futures lose ground Thursday, on track for back-to-back losses as investors reacted to data that showed a December slowdown in the pace of Chinese

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