You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. @40.77 How do you think the market will open? The use of this website constitutes acceptance of our user agreement. The prices of this popular commodity are measured in USD.

Oct 05, 2020 04:27 PM IST Crude oil futures fell 0.39% to Rs 2,826, WTI trades below $39 a barrel. Crude will be down this week.

Oil’s latest price moves and today’s key news stories driving crude’s action, as well as developments in the broader energy sector. Every bull and bear needs a lot of red. any of each other's Investing.com's posts. 40. TP 36.80 you will thank me later. Thanks for your comment. Daily chart looks bullish to me, but imho looks are always deceiving here. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors.

Oil prices might be under pressure as bleak economic outlook reflecting the resurgence of COVID-19 virus undermined the outlook for Crude. Replace the attached chart with a new chart ?

Hopes for a COVID-19 vaccine and robust US retail sales are also lifting the mood.

Your ability to comment is currently suspended due to negative user reports. It's been a short the pop frenzy here for some time. Allowing ADNOC to export its oil mirrors a model adopted by countries such as Japan and South Korea which allow oil producers to re-export crude storage. In the futures market, crude oil for October delivery touched an intraday low of Rs 2,918 per barrel on the MCX. The oil market and oil stocks have been seemingly "programmed" to tank at every mention of the ccp virus. Small rally to 4116-26 and fall after 8 hours. Are you sure you want to block %USER_NAME%? Oil will never go higher than that, inflation adjusted of course.

This post was just a joke lol, but read other articlee that have been posted here by others. Sign up to create alerts for Instruments, I guess we bears are in luck. Since the Covid-19 2nd wave is now closing down many parts of Europe- Which countries are next? If you are talking price, it was 2008. So the next time you think of trading USD/CAD, do yourself a big favor and take a peek at your oil charts. Leo.. US retail sales and consumer sentiment both beat estimates.

I don't expect a sustained rocket in prices here. December contract, Ameritrade wont let me open a November, If you look at the 10 year chart you can see an uptrend, Because that only justify this upcoming uptrend. 172@29@17@241!~!172@29@0@53!~!|news|tags|crude-oil.html!~!news|moneycontrol|com!~!|controller|tag.php!~!is_mobile=false, OPEC+ fears second virus wave could lead to oil surplus in 2021, Crude oil futures slip 0.87% to Rs 2,968 per barrel on weak demand, Crude oil futures plummet over 2% to Rs 2,938 per barrel on lockdown fears, India allows ADNOC to export oil from strategic reserve: Prakash Javadekar, Crude oil futures fall 1.25% to Rs 2,921 per barrel on weak demand, OPEC cuts 2021 oil demand forecast again as coronavirus cases rise, Crude oil futures up 2.04% to Rs 2,948, WTI trades above $40 a barrel, Crude oil futures slip nearly 1% to Rs 2,932 a barrel on weak demand, experts see further downside, Crude oil futures slump 1.82% to Rs 2,918/bbl on jump in US crude stocks, Crude oil futures trade higher at Rs 2,902/bbl on positive global cues, Crude oil futures fell 0.39% to Rs 2,826, WTI trades below $39 a barrel, Oil down 3% after Trump gets coronavirus and economies wobble, Crude oil futures slip marginally to Rs 2,863 per barrel on demand concerns, WTI trades below $39 a barrel, Crude oil futures trade flat at Rs 2,987, WTI above $40 a barrel, Crude oil futures gain 0.47% to Rs 2,983 a barrel in afternoon session, Crude futures gain 0.3% to Rs 2,982, Brent trades above $42 a barrel, Crude oil futures steady at Rs 2,955, WTI trades below $40 a barrel, US crude, fuel stocks fall in most recent week: EIA, Crude oil futures erase early losses, trade firm at Rs 2,940 per barrel, Crude oil futures gain over 2% to Rs 2,951, Brent trades near $42 a barrel, US and European oil giants go different ways on climate change, Sebi puts in place framework to handle near zero, negative prices in commodity futures, Crude oil futures up nearly 2% at Rs 2,884 per barrel on sharp drawdown in US inventory, Crude oil futures rise 1.67% to Rs 2,794, Brent trades above $40 a barrel, India to be largest source of energy demand growth: BP Energy Outlook. Explained | Even if COVID-19 vaccine is ready, why is reaching it a challenge? %USER_NAME% was successfully added to your Block List. Hopes for a vaccine from Pfizer also lift the market mood. The latest news and headlines regarding Crude Oil WTI Futures - prices, market changes and more. Wondering if it will ever change.

The high degree of leverage can work against you as well as for you. Therefore, a crude oil with high sulphur content (sour crude) should sell cheaper than one with low sulphur content (sweet crude). Eight0Seven6Four9Zero2One0 for further assistance and levels. It's oil. Who knows when that might happen.

Front-month WTI futures ae ticking down from session highs $40.90 after Baker Hughes reported the fifth consecutive increase in oil rigs. In the futures market, crude oil for October delivery touched an intraday high of Rs 2,956 and an intraday low of Rs 2,894 per barrel on MCX. In the futures market, crude oil for October delivery touched an intraday high of Rs 2,965 and a low of Rs 2,910 per barrel on the MCX, OPEC is also reluctant to increase oil production from January 2021 in an attempt to counter the weak demand. Get updated data about energy and oil prices. The Organization of the Petroleum Exporting Countries (OPEC), in its monthly report, cut its global oil demand forecast as coronavirus cases continue to rise. Please wait a minute before you try to comment again. The oil market will suffer a long-lasting blow from the coronavirus, with demand taking years to recover and peaking at a lower level, the International Energy Agency said. Greenback's rebound from session lows at 105.15 has extended during Friday’s US session, with the pair stretching to the mid-range of 105.00, supported by positive US data. i believe you didnt read the whole thing and copy title to confuse people. By doing so, you and %USER_NAME% will not be able to see But for now they are going to increase supply. Cryptocurrencies. Crude oil prices traded lower amid oversupply fears as production resumed in Libya and Norway at a time when demand recovery is stalling. https://twitter.com/rsszero/status/1317500688461684738?s=21, Russia, Saudi Arabia Prepared to Keep Energy Market Stable https://www.bloomberg.com/news/articles/2020-10-17/russia-saudi-arabia-ready-to-keep-energy-market-stable-kremlin. oil going up, For that matter all over the world all the countries announce fabricated numbers onlu, if biden wins kiss oil good bye back to -40, Difficult i see low 30s or maybe the old  26 support, Stimulus might throw a wrench into shorts, Stimulus is very old news, remember buy rumors sell news. I agree.. but I think there would be a negative reaction from emotional concern.... if that happens... great opportunity to buy long positions... Oil Shorts On Notice After Russia, Saudis Agree To "Cooperate Closely" To Keep Energy Market Stable This corrosive material decreases the purity of a crude oil. On the other hand, United States, China, Japan, Russia, and Germany are the countries consuming more oil.

EUR/USD is recovering and trading closer to 1.1750. It could just give you critical insight to help you bag some Loonie pips!

Negotiations are set to continue. Restaurant association locks horns with food-delivery aggregators Zomato and Swiggy over commissions, Coronavirus impact: Even new content finds few takers in theatres, Micromax announces comeback in Indian smartphone market with "In". You are blind if you can't see that. In the futures market, crude oil for September delivery touched an intraday high of Rs 2,795 and an intraday low of Rs 2,727 per barrel on the MCX. Please note that all comments are pending until approved by our moderators. soon to be homeless, will sorry for you more, Investing have the best chart on Rig Count- By Peter Nurse and Geoffrey Smith European leaders have made tackling climate change a top priority while President Donald Trump has called it a “hoax” and has dismantled environmental regulations to encourage the exploitation of fossil fuels. The US benchmark oil price had bounced up from session lows at $40.04 to erase previous losses. Im short 1, thinking equity markets are priced for perfection, covid spiking, election, im thinking a correction is due, thoughts? Note: All information on this page is subject to change. pull back the chart on Friday and tell me when it hit 41$? You will hear lots of news about biden Find natural gas, emissions, and crude oil price changes. Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.