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Gold Prices Steady As Virus Spread Saps Global Risk Appetite
Oil Prices Are Getting Slammed By Coronavirus
Article By:
Robert Rapier
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Tuesday, January 28, 2020 4:01 AM EDT
Oil prices have already been under pressure as a result of oversupply and slowing economic growth in China. However, travel restrictions will further reduce demand.
In this article: OIL
Weekly Gasoline Price Update: WTIC Down 9%
Article By:
Jill Mislinski
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Tuesday, January 28, 2020 3:37 AM EDT
The price of Regular and Premium are down three and two cents each, respectively, from last week.
In this article: UGA
Natural Gas Forecast: Looking Sluggish And Consolidating Further
Article By:
Christopher Lewis
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Tuesday, January 28, 2020 2:50 AM EDT
The natural gas markets initially tried to rally during the trading session on Monday but gave back its gains as markets around the world generally were relatively sluggish.
E&P Activity Pushes Higher While Efficiency Stalls
Article By:
Todd Sullivan
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Tuesday, January 28, 2020 12:48 AM EDT
E&P Indices based on employment and production indices show higher employment and higher production of oil; and natural gas pushed the activity index higher, but the trend in the efficiency index has stalled vs last month.
S&P 500 Energy Sector (XLE) Breaks Down
Article By:
Bespoke Investment Group
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Monday, January 27, 2020 1:46 PM EDT
The S&P 500 Energy sector ETF tried to break out of its downtrend in late 2019, but the bounce has been completely erased as of today with it plunging to new 52-week lows.
Crude Oil Stock Chart Buy Alert
Article By:
Gareth Soloway
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Monday, January 27, 2020 1:12 PM EDT
Crude oil hit key near-term technical chart support today around $52.00.
Saudis Scramble As Aramco Hits Post-IPO Lows, Talk Down "Psychological" Coronavirus Fears
Article By:
Tyler Durden
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Monday, January 27, 2020 11:53 AM EDT
Aramco's post-IPO has been an utter disaster, now down 12% since it soared to 38.5 SAR in mid-December.
Big Wheels
Article By:
Phil Flynn
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Monday, January 27, 2020 9:42 AM EDT
Big wheels are not turning, leading to more oil demand destruction because of the coronavirus. The negative impact on oil demand with more than 50 million people under quarantine, could have a historical impact on oil demand.
WTI Crude Oil May Start An Uptrend From Support Level 52.15 To Resistance Level 53.16
Article By:
Anton Kolhanov
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Monday, January 27, 2020 9:26 AM EDT
An uptrend will start from support level 52.15, which will be followed by moving up to resistance level 53.15.
Natural Gas Forecast: Likely To Continue Lower Going Forward
Article By:
Christopher Lewis
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Monday, January 27, 2020 4:10 AM EDT
Natural gas markets have fallen again during the trading session on Friday to end a miserable week yet again.
In this article: UNG