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Showing posts with the label December 26

Oil prices fall after jump the day before; glut, economy worries weigh

Oil prices fall after jump the day before; glut, economy worries weigh https://cnb.cx/2Vcej6r Oil prices declined on Thursday after surging at least 7.9 percent during the previous session. https://ift.tt/2PddWW7 December 26, 2018 at 08:15PM Energy https://cnb.cx/2KU3Ztw

UBS expects 'quite sharp gains' in oil in 2019

UBS expects 'quite sharp gains' in oil in 2019 https://cnb.cx/2ES1iJk Dominic Schnider of UBS Wealth Management says he sees oil prices heading toward $70 to $80 per barrel. He also says the market seems to be "underestimating" the fact that the Organisation of the Petroleum Exporting Countries will be cutting supply by 1.2 million barrels. https://ift.tt/2PddWW7 December 26, 2018 at 01:45PM Energy https://cnb.cx/2KU3Ztw

Decline in oil is the decline in stock market, says Tom McClellan

Decline in oil is the decline in stock market, says Tom McClellan https://cnb.cx/2rWKLfz Tom McClellan of The McClellan Market Report joins CNBC's "Closing Bell" to weigh in on why crude oil is surging and what's next for the commodity. https://ift.tt/2PddWW7 December 26, 2018 at 10:45AM Energy https://cnb.cx/2KU3Ztw

Futures Now: Crude bounces off 18- month low

Futures Now: Crude bounces off 18- month low https://cnb.cx/2GIsWuY 'Futures Now' Bob Iaccino, Path Trading Partners, and Jeff Kilburg, KKM Financial, join CNBC's Jackie DeAngelis to discuss the crude oil market. https://ift.tt/2PddWW7 December 26, 2018 at 07:30AM Energy https://cnb.cx/2KU3Ztw

Wall Street sees a recovery for oil prices in 2019 — and plenty of risk to that forecast

Wall Street sees a recovery for oil prices in 2019 — and plenty of risk to that forecast https://cnb.cx/2TbYDhz Investment banks expect Brent crude to average about $68-$73 a barrel next year, but analysts say there is ample opportunity for prices to spike outside of that range. https://ift.tt/2PddWW7 December 26, 2018 at 04:28AM Energy https://cnb.cx/2KU3Ztw