More Crude Oil Report
Precious metals got the biggest hit from the FOMC statement along with the surge in US GDP. Silver seemed to get whammed harder than gold, falling 4% on Thursday and continued to fall during the Asian session on Friday. Silver is down 77 points at 16.343 plummeting...
December Crude Oil futures are trading lower today after the market failed to follow-through to the upside, following yesterday’s higher close. Yesterday, the U.S. Energy Information Administration reported in its weekly petroleum status report that U.S. commercial crude inventories increased by 2.1 million barrels last week, maintaining...
Crude oil is trading at 81.89 down by 32 cents having taking a making a hard reversal after the US Federal Reserve announcement and positive statement issued late on Wednesday. Crude oil was trading above the $82 price level mid-day on Wednesday. The weekly EIA inventory report...
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