Oil Price Fundamental Daily Forecast – Prices Weaken After API Reports Surprise Build, EIA on Tap

Today’s U.S. Energy Information Administration (EIA) inventories report, due to be released at 14:30 GMT, should set the tone today. Traders are looking for a 1.3 million barrel build. — Read on http://www.fxempire.com/forecasts/article/oil-price-fundamental-daily-forecast-prices-weaken-after-api-reports-surprise-build-eia-on-tap-571873

Read More Oil Price Fundamental Daily Forecast – Prices Weaken After API Reports Surprise Build, EIA on Tap

Oil settles at lowest in over a year, with U.S. prices sliding toward $50 – MarketWatch

Oil futures drop Wednesday to settle at their lowest in more than a year, sending U.S. prices sliding toward $50 a barrel, on the back of a 10th straight weekly rise in U.S. crude stockpiles. — Read on http://www.marketwatch.com/story/oil-prices-churn-as-us-inventory-climb-expected-2018-11-28

Read More Oil settles at lowest in over a year, with U.S. prices sliding toward $50 – MarketWatch