US Crude Oil Production Forecast 2022
The United States is the world's third-largest producer of crude oil, behind Saudi Arabia and Russia. Oil production in the United States... Full Article
WTI Crude Oil Rallies As EIA Reports 2.979M Barrel Deficit
The past three days have been big for WTI crude oil prices, nearly erasing losses from the previous seven-day losing streak. Full Article
Weekly Baker-Hughes Crude Oil Rig Count Comes In At 405
It's a confusing time to be trading crude oil. Although the long-term technicals show uptrends, current fundamentals say otherwise. Full Article
EIA Reports A 3.234 Million Barrel Draw On U.S. Oil Supplies
Despite today’s 3+ million barrel EIA supply draw, the August crude oil pullback rolls on. Full Article
EIA Reports Slight Drop In The U.S. Oil Supply
WTI crude oil and USOIL are well off yearly highs through the first 11 days of the month. Thus far in August, USOIL is down more than 7%. Full Article
WTI Crude Oil Holds The Line Above $73.00
As we move into late-June trade, a strong bullish bias continues to be warranted toward WTI crude oil. Can WTI take out $75.00? Full Article
WTI Crude Oil Futures Rally As Iranian Warship Sinks
If the fallout from the Iranian Kharg sinking intensifies, get ready for WTI and Brent to both quickly test the $75.00 handle. Full Article
Crude Oil Supplies Up, EIA Reports 1.321 Million Barrel Build
Aside from the modest week-over-week build in supply, talks between U.S. and Iran have prompted bearish crude oil sentiment. Full Article
Ag Commodities, WTI Crude Oil Surge
$70-$75 is quickly coming into view for WTI crude oil. Right now, a bullish bias is appropriate as the Memorial Day holiday approaches. Full Article
WTI Crude Oil’s Uptrend Continues – Quick Daily Outlook!
Crude oil prices were closed at $66.23 after placing a high of $66.28 and a low of $64.29. Crude oil extended its gains and reached above $6 Full Article
Crude Oil’s Bullish Bias Continues to Dominate – Quick Fundamental Outlook!
Crude oil was closed at $63.86 after placing a high of$ 64.53 and a low of$ 62.67. Crude oil prices extended their bullish trend and reached Full Article
Crude Oil Extends Bullish Trend Over $65 – Dip in Oil Stocks in Play!
Crude oil Managed to extend its previous session gaining streak & remained well bid around above mid-$65.00 level mainly due to the optimism Full Article
WTI Crude Oil Soars Near $ 60 Amid US Stimulus Hopes!
The WTI crude oil managed to stop its previous session declining streak & regained some positive traction around well above $60.00 level... Full Article
WTI Extends Previous Week-long Winning Streak – A Combination of Factors Explained!
The WTI crude oil prices extended their previous week-long bullish rally and hit the Intra-Day high above mid-$62.00 mainly due to the hopes Full Article
Crude Oil Succeeds in Maintaining its Bullish Bias of the Previous Day – A Fundamental Outlook!
The WTI crude oil prices succeeded to extend their previous-day bullish streak and stay positive around well above the $60.00 level... Full Article
