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Home / Tag Archives: #Crude_Oils

Tag Archives: #Crude_Oils

Saudi Arabia Cuts Oil Exports as OPEC Looks to Stem Crude-Price Slide, By  Georgi Kantchev,   Nathan Hodge and   Benoit Faucon

Country’s energy minister blasts cartel members for ‘overproducing’  ST. PETERSBURG, Russia—Internal discord among OPEC members and big oil-producing allies spilled into public view Monday as the group struggles with its efforts to raise prices for crude. Until now, the Organization of the Petroleum Exporting Countries had largely blamed low prices on U.S. …

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U.S. Oil Producers Find a Surprise New Market: China a large oil importer, is buying nearly 100,000 barrels of oil a day from the U.S., By Brian Spegele

BEIJING—It was a gusher few expected. What began as a trickle of U.S. crude being sold to China is turning into a flood, the result of a surprise American glut that has made the country’s oil cheaper than Mideast rivals just two years after Congress lifted a 40-year export ban. China, …

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FxWirePro: bullish DMA crossover intensifies WTI Crude bull swings but restrained at stiff resistance, major trend seems fragile as bears break below triangle base

  Interim bearish swings in consolidation phase are coupled with both leading and lagging oscillators. Amid the mild downswings for the day, bulls are on the verge of hitting 4-weeks highs. Bulls manage to break-out major resistances at 45.33 levels, consequently, expect more rallies on bullish DMA crossover, both leading …

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