October 25, 2019/OilPrice.com Economic doom and gloom remain the order of the day, so little wonder that hedge funds and other money managers spent the last week of September and the first part of October selling down their oil futures positions. After a series of attacks on tankers in or […]
OPINION/EDITORIAL
Oil Bulls Broken By Economic Fears
October 25, 2019/OilPrice.com While a surprise inventory draw, positive noises from OPEC and geopolitical uncertainty have driven oil prices up this week, bullish sentiment has been largely smothered by growing fears of a global economic recession. Friday, October 25, 2019 Oil was down at the start of trading on Friday, […]
Oil Rebounds On Rare Market Optimism
October 22, 2019/OilPrice.com – Natural gas inventories rose to 3,519 billion cubic feet for the week ending on October 11. That marked the first week that inventories exceeded the five-year average since September 22, 2017. – According to the EIA, weekly injections into inventory in three of the past four […]

