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Energy

Oil prices slip after rise in US crude oil stocks
Energy

Oil prices slip after rise in US crude oil stocks

  • "Volatility in energy remains elevated as traders grapple with short-term demand weakness from Delta variant concerns and expectations the crude deficits will last till the end of the year," said Edward Moya, senior analyst at OANDA.
Published 22 Jul, 2021 01:24pm
Oil extends gains despite rise in US inventories
Energy

Oil extends gains despite rise in US inventories

  • Brent crude futures had gained $2.13, or 3.1%, to $71.48 a barrel
  • US crude stocks rose by 806,000 barrels for the week that ended July 16, according to two market sources, citing American Petroleum Institute figures.
Published 21 Jul, 2021 07:18pm
US oil may fall to $69.35
Energy

US oil may fall to $69.35

  • The lower channel suggests a target around $67.59, which will be confirmed when the support at $69.02 is broken
Published 19 Jul, 2021 12:15pm