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Oil - private survey of inventory shows headline crude oil draw much greater than expected

Oil - private survey of inventory shows headline crude oil draw much greater than expected

  • This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 17/12/2024 | 21:50 GMT
17/12/2024 | 21:50 GMT
News

Crude oil settles at $69.65

Crude oil settles at $69.65

  • Down $0.64 or -0.89%.
Greg Michalowski
Greg Michalowski
Tuesday, 17/12/2024 | 19:40 GMT
17/12/2024 | 19:40 GMT
News

WTI crude oil futures settled at $70.71

WTI crude oil futures settled at $70.71

  • Down $0.58 or -0.81%
Greg Michalowski
Greg Michalowski
Monday, 16/12/2024 | 19:35 GMT
16/12/2024 | 19:35 GMT
News

Oil price prediction by AI

Oil price prediction by AI

  • This oil price prediction for Crude Oil Futures (January 2025 contract) highlights a moderately bearish bias (-3), with oil prices below key levels like $70.60 (VAL) and potential downside to $69.84, while traders may consider waiting for a retracement near $70.75 (VWAP) for better short entries.
Itai Levitan
Itai Levitan
Monday, 16/12/2024 | 12:21 GMT
16/12/2024 | 12:21 GMT
News

Bank of America forecasts Brent crude oil to average $61 per barrel through 2025

Bank of America forecasts Brent crude oil to average $61 per barrel through 2025

  • OPEC and non-OPEC contributing to supply, demand not growing fast enough to increase the price
Eamonn Sheridan
Eamonn Sheridan
Thursday, 12/12/2024 | 23:08 GMT
12/12/2024 | 23:08 GMT
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