TTCM
Thursday, January 18, 2018 / Published in Forex Daily News
Bearish EIA report sends oil prices to the ditch. On the likelihood that shale output might rise, curbing OPEC-led supply cuts. Brent went down around 0.30% or 21 cents at $69.38 per barrel, while WTI crude dropped to $63.98 per barrel on bearish EIA report. Shale oil output is likely to rise by 1.8 million
TTCM
Wednesday, November 29, 2017 / Published in Forex Daily News
Wednesday brings news on potentially more OPEC-driven oil output cuts and US crude oil prices moving up. Potentially More Cuts Crude oil prices dipped during the Asian session on Wednesday due to traders doubting that Russia and OPEC will reach an agreement on extending the crude output cut deal, which the market has already priced