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Liebherr WTI 2050 Vinidor Wine Cooler

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World oil prices slowed the decline on news of OPEC talks

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Why oil is hitting $50 a barrel - FT Markets - Markets & Investing Video - FT.com

Neil Hume, FT commodities editor, explains why oil has broken through $50 a barrel for the first time in 2016. He looks at rising demand in India, supply disruptions and slowing shale production, and assesses whether the higher price will hold.

European equity markets are expected to open a little higher on Thursday, with the FTSE rebounding from Wednesday’s declines helped by a similar rebound in oil prices overnight. Brent and WTI crude tumbled on Wednesday following the release of the EIA crude inventory data which reported a larger build in oil stocks than markets expected. … #forex. #forexfriendloan. #PMIDateinFocus. http://forexfriendloan.blogspot.co.uk/

WTI Crude oil tested levels below 106.00 before bouncing higher, failing to hold below 106.00 level, while price is showing potential bullish flag continuation pattern. Accordingly, we move from bearish to neutral, and wait for a confirmation of the bullish rebound through breaking its descending resistance. Support: 106.30, 105.20, 104.55, 103.90, 103.00 Resistance: 107.15, 107.70, 108.00, 108.55, 109.00 Recommendation Neutra

Brent crude futures were at $47.37 per barrel at 0443 GMT, down three cents since their last settlement but following a more than 2.5-percent drop on Monday. U.S. West Texas Intermediate (WTI) futures were unchanged at $44.43 a barrel.

Growing Oil Glut Shows Investors There’s Nowhere to Go But Down

Growing Oil Glut Shows Investors There’s Nowhere to Go But Down.(August 1st 2016)