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At Least One Investor Is Betting Oil Will Hit $100 A Barrel In 2018
Wednesday, December 21, 2016 - 4:06pm | 239Read More...According to a Bloomberg report, at least one investor is making a bet that the price of oil will hit $100 a barrel by December 2018. During Tuesday's trading session, the most traded contract across the entire ICE Brent market was the $100 December 2018 call option. Bloomberg noted that the...
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Crude Oil Futures: Streaky And Freaky
Tuesday, August 23, 2016 - 11:49am | 284Read More...Crude oil futures have been one of the most volatile trading instruments in the market lately. Wild $1–2 swings during the trading day give way to even larger swings in overnight sessions. Intra-day dips and spikes have come on hard and strong, giving traders plenty of openings. Over the last...
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Asian Stocks Dip Lower Following Concerning China Report, Oil Falls Ahead Of Doha Meeting
Friday, April 15, 2016 - 7:27am | 220Read More...Asian stocks closed flat to slightly lower on Friday after data from China's government showed the economy grew 6.7 percent on-year in the first quarter. The government's figure was in-line with expectations, but marking a decrease from the 6.8 percent growth seen in the prior quarter....
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Benzinga Market Primer: Friday, August 2: Japan Surges On GDP Revision
Friday, August 2, 2013 - 7:00am | 872Read More...Japan Surges On GDP Revision After Thursday's rally, US Equity futures are slightly up on strong economic data from Asia. The big news of the day are job numbers coming out at 8:30am EST Friday morning. Friday also marks marks the end of the heaviest earnings week of the year, with over 500...
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Gasoline Prices Headed Higher as Investors Turn to Oil
Friday, July 12, 2013 - 8:51am | 569Read More...Consumers are going to see a spike in the cost of unleaded gasoline at the pump in August according to CNNMoney. One of the prime drivers of the increase, according to Gasbuddy.com analyst Tom Kloza, is an increase in the price of oil and gasoline futures in July. Continued fear over turmoil in...
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Goldman Sees WTI at $109 - Spread With Brent Narrowing
Wednesday, October 5, 2011 - 8:46am | 232Read More...Yes please, says my portfolio of Canadian oil producers: U.S. crude oil futures will hit $109 a barrel in 2012 as new pipelines, rail lines and other infrastructure help relieve bottlenecks at a central gathering hub in Oklahoma and carry more oil from Canada and the northern U.S. to refiners on...
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Oil Futures Get a Boost from Weak US Dollar and Qatar Minister’s Comments
Tuesday, January 19, 2010 - 9:42am | 222Read More...After trading lower for six consecutive sessions, crude oil futures reversed direction at the open today as a slightly weaker US dollar lent some support. Traders expect the oil market to take cues from the dollar movements and global equity markets in the next few sessions. New York Mercantile...
