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Crude Oil Prices Rise on Renewed Optimism

Investing - 2/16/2018 8:11:00 AM
Investing.com - Crude oil prices rose on Friday, helped by a weak U.S. dollar and ... Suhail al-Mazroui said on Thursday that oil producers led by Saudi Arabia and Russia aim to draft an agreement on a long-term alliance to cut output by the end of this ...

Why Crude Oil Should Be A Staple In Your Option Selling Portfolio In 2018

Seeking Alpha - 2/13/2018 11:19:00 AM
But top producers Saudi Arabia and Russia get a large percentage of their GDP from ... Seasonal Demand Tendencies: Crude Oil prices have a seasonal tendency to decline into the end of the year, then rally into the Spring. This is a function of waning ...

Crude Oil Prices Continue to Climb, Focus Turns to Supply Data

Yahoo Finance - 2/12/2018 7:05:00 PM
Investing.com - Crude oil prices continued to climb on Monday ... That figure is above that of top exporter Saudi Arabia and within reach of Russia's output levels. That added to fears that rising U.S. output would dampen OPEC’s efforts to rid the ...

Crude Oil Prices: A Case of Dueling Narratives?

The Market Oracle - 2/17/2018 4:01:00 PM
There are indications Crude Oil prices are going lower. There are also indications ... the US now produces about as much Oil as the industry leaders, Saudi Arabia and Russia. According to the Oil Bears, the Saudi-Russia pact to restrain global production ...

Oil Price Fundamental Daily Forecast – Thin Trading Conditions Due to Low Volume in Asia Supporting Prices

FXEmpire - 2/16/2018 10:03:00 AM
Crude oil prices are being boosted early Friday by several factors ... Also underpinning the markets is the news that Saudi Arabia and Russia plan to draft an agreement on a long-term alliance by the end of the year, United Arab Emirates energy minister ...

Michael Haspel Weighs in on Crude Oil Price Fluctuations

Newswire - 2/15/2018 8:18:00 PM
Michael recently reflected on oil production increases in countries like Indonesia, Russia, Saudi Arabia ... and development of new resources all play a part in prices of crude oil, natural gas, and products such as gasoline.” For more information ...

Crude oil price rises stall as non-OPEC production set to increase - IEA

ICIS - 2/13/2018 10:53:00 AM
While crude oil prices for the international referential Brent surpassed ... “By the end of this year, it might also overtake Russia to become the global leader. All the indicators that suggest continued fast growth in the US are in perfect alignment ...

U.S. oil exports could be driven by OPEC's balancing act

Upi.com - 2/16/2018 1:21:00 PM
OPEC a few years ago was defending a market share with robust production, which tilted the market heavily toward the supply side and left the price of crude oil around $30 per barrel. OPEC, with support from non-member state producers like Russia ...

Crude Oil/WTI: Oil higher on report of long-term alliance and softer USD

FXStreet - 2/16/2018 1:37:00 AM
Non-OPEC countries including Russia may prolong alliance with OPEC beyond 2018. Oil prices are higher partial is also helped by lower US dollar and risk-on reflation sentiment. Crude oil (WTI) is now trading around 61.50 in pre-New York session ...

Crude oil edges up on equities rebound, weak dollar

Fox Business Network - 2/16/2018 8:22:00 PM
Also supporting oil prices was a statement from the United Arab Emirates energy minister late on Thursday saying oil producers led by Saudi Arabia and Russia aimed to draft an agreement on a long-term alliance by year-end. The Organization of the Petroleum ...