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Forex Trading, Market News & Technical Analysis

Today’s Trading Edge: Oil prices remain heavy but still holds the 200-day SMA

Posted by WorldWideMarkets . on Apr 25, 2017 8:22:54 PM

 

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Topics: US Oil, US Crude oil, crude oil, $OIL

Today’s Trading Edge: Oil continues to rise following last week’s US military strike on Syria

Posted by WorldWideMarkets . on Apr 9, 2017 8:44:09 PM

Oil prices traded near a one-month high at the end of last week following the United States missile strike against a Syrian government airbase.  The strikes represented the first targeted US military action against President Bashar al-Ashad.  US West Texas Intermediate (WTI) crude rallied to an intra-day high of $52.94 before pulling back roughly 90 cents. 

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Topics: US Crude oil, crude oil, WTI, West Texas Intermediate crude oil, $OIL

Today’s Trading Edge: Oil sinks as OPEC fails to deliver confidence that output cuts will be extended

Posted by WorldWideMarkets . on Mar 26, 2017 9:22:35 PM

 

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Topics: US Crude oil, crude oil, West Texas Intermediate crude oil, $OIL

Today’s Trading Edge: Oil remains heavy as supply concerns weigh on prices

Posted by WorldWideMarkets . on Mar 20, 2017 7:23:41 PM

 

Oil prices initially rallied in NY after OPEC support for continuing their supply cut agreement into second half of year is reportedly increasing.  They also noted that they would require non-OPEC participation to extend agreement.  The markets ignored the prospect of a possible extension of supply cuts as concerns remain strong on growing US oil output and high inventories. 

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Topics: US Crude oil, crude oil, WTI, $OIL

Today’s Trading Edge: Oil freefall pauses as risk appetite thrives after FBI director Comey again exonerated Clinton on emails

Posted by WorldWideMarkets . on Nov 7, 2016 7:49:07 PM

 

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Topics: Crude, US Crude oil, crude oil, West Texas Intermediate crude oil

 

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