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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (69011)10/11/2019 4:52:51 PM
From: Goose94Read Replies (1) | Respond to of 202372
 
Crude Oil: WTI rose in early trading on Friday on hopes that the U.S.-China trade negotiations might result in a limited breakthrough. President Trump said that talks on Thursday went well, and the two sides resume negotiations on Friday. An attack on an Iranian tanker (more below) also bolstered oil prices.

The IEA cut its demand forecast once again to just 1 mb/d in 2019 and 1.2 mb/d in 2020, a cut of 100,000 bpd for both. The agency also raised its forecast for supply growth from non-OPEC sources by 400,000 bpd.

OilPrice.com