Crude Oil Falls Ahead of Inventory Report

Crude Oil Falls Ahead of Inventory Report

Crude Oil (WTI) – $75.06 // $0.09 // 0.12% Commentary: Crude oil fell for the fifth time in six sessions on Tuesday, shedding $1.34, or 1.79%, as the October contract rolled off the board. November now takes the reign as prompt, but other than the $1.45 boost in prices, nothing has changed. Crude oil continues […] [...more]

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Crude Oil Halts Is Fall at $75 a Barrel

Crude Oil Halts Is Fall at $75 a Barrel

Crude oil dropped sharply during last week’s trading session. Crude began last week’s trading at $77.30 a barrel, and then promptly dropped to as low as $74.05 a barrel. However, the commodity managed to slightly correct its losses, and is currently trading around $75.00 a barrel. Crude oil prices fell last week after the U.S. […] [...more]

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Crude Oil Falls For the 3rd Day to $74.70 a Barrel

Crude Oil Falls For the 3rd Day to $74.70 a Barrel

Crude oil fell to a session low of $74.70 a barrel yesterday. After starting out at ‎around $76.50 a barrel, oil saw a sharp drop before correcting some of its losses to end ‎the day around $75.50 a barrel.‎ Crude fell yesterday after U.S. regulators agreed to a Friday Restart of Enbridge’s ‎biggest pipeline from […] [...more]

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Crude Oil Drops To $71.52 a Barrel

Crude Oil Drops To $71.52 a Barrel

Crude oil dropped for the second consecutive day today. Crude oil fell about 250 pips during yesterday’s ‎trading session. A barrel of oil was traded for around $74.15 during yesterday morning, and dropped to a ‎daily low of $71.52 a barrel.‎ Crude oil prices fell yesterday as investors are concerned that oil demand in the […] [...more]

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Crude Oil Stumbles on Data

Crude Oil Stumbles on Data

Crude Oil (WTI) – $71.89 // $0.26 // 0.36% Commentary: A horrendous U.S. Existing Home Sales number sent crude oil reeling along with equity markets. Oil dropped $1.47, or 2.01%, after The National Association of Realtors said that the number of existing home sales in July fell to the lowest level since records began in […] [...more]

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