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  1. #1
    Lucas_SGT_Markets is offline Senior Member
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    Default #OIL by SGT Markets

    During European trading, the price of crude oil has risen. The price of crude oil is on the rise due to the stabilization of the production of this fuel in the United States, and after the devastating consequences of the hurricane in the south of the United States. Bearing in mind that yesterday was a non-working day in the US, reports on crude oil stocks this week will be published a day later than usual. During European trading, the price of crude oil increased by 2.75%

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  2. #2
    Lucas_SGT_Markets is offline Senior Member
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    During European trading, the price of crude oil has risen. The price of this energy company still recoveres from the losses recorded after the hurricane Harvey, which struck the US state of Texas. Tonight, the US Petroleum Institute will publish a report on crude oil stocks in the US, which could further affect this energy product. During European trading, crude oil prices rose by 1.11%.

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  3. #3
    Lucas_SGT_Markets is offline Senior Member
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    The price of crude oil declined during Asian trade. Although the US Petroleum Institute showed less than expected stock last night, which should positively influence the price of this fuel, the accession of the new hurricane Irma to the eastern coast of the United States affected the weakening of crude oil prices. At 17:00 hours in the United States, a report from the government of this country on crude oil stocks will be published, which can be further reflected in this energy product. During the Asian trade, the price of crude oil declined by 0.37%.

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  4. #4
    Lucas_SGT_Markets is offline Senior Member
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    During Asian trade, the price of crude oil has risen as the new Hurricane "Irma" is approaching to the southeast of the US. Today, at 19:00 hours, the latest number of oil wells in the United States is expected. During Asian and early European trading, crude oil prices rose slightly from 0.02% and around 8:35 hours were traded for $ 49.09 per barrel.

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  5. #5
    Lucas_SGT_Markets is offline Senior Member
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    Crude oil fell this morning and moved slightly below the level of 48.00. Yesterday, the oil market had an exciting session. First, the price of crude oil fell to the lowest levels in the past over a week. Soon afterwards, the price of oil jumped by 2.7% reaching values above the level of 48.00. Investors were looking for a way to catch Goldman Sachs reports and rumors that the OPEC cartel is preparing to extend an agreement once again to reduce oil production by March 2018. In this report, Goldman Sachs said that demand for oil dropped significantly in September given the results of Harvy and Irma's hurricanes. However, the price of crude oil was supported by talks by major oil producers. In fact, the Saudi Arabian oil minister reportedly held talks with its counterparts from Venezuela and Kazakhstan on the possibility of extending the current deal on reduced oil production until after March 2018. It is expected that investors will focus on the API report tonight published the most recent data on US oil stocks.

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  6. #6
    Lucas_SGT_Markets is offline Senior Member
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    During Asian trade, the price of crude oil remained largely unchanged. Tonight, at 7:00 pm, Baker Hughes's data on the number of oil wells in the United States is expected. During Asian and early European trading, the price of crude oil dropped from late last night by 0.44% .

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  7. #7
    Lucas_SGT_Markets is offline Senior Member
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    During Asian trade, the price of crude oil remained largely unchanged. Baker Hughes’ data on the number of oil wells in the United States showed a decrease of seven bore holes, a significant drop. Also, the growth of demand for refinery for crude oil. During Asian and early European trading, the price of crude oil rose by 0.19% and this morning was traded for $ 50.57 per barrel.

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  8. #8
    Lucas_SGT_Markets is offline Senior Member
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    Crude oil prices have risen during Asian trading. The price of this fuel has been strengthened as a reaction to the report of the US Institute of Petroleum (API), which has shown a decline in crude oil stocks over the previous week. At 16:30, the US State Energy Agency will release a report on the state of the stock of this fuel in the United States, which could additionally reflect on the price of crude oil. During Asian trading, crude oil prices rose by 0.50%.

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  9. #9
    Lucas_SGT_Markets is offline Senior Member
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    Crude oil prices have weakened during last night.

    https://sgtmarkets.com/en/market-new...ed-last-night/

  10. #10
    Lucas_SGT_Markets is offline Senior Member
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    Prices of crude oil have strengthened during European trading. The price of this fuel is on the rise before the upcoming meeting of member states and non-member OPEC in Vienna. Tonight at 7:00 pm, Baker Hughes reports on the number of newly-opened oil wells in the USA, which may further reflect this energy source. During Asian trading, crude oil prices rose by 0.22%.

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