Sentences with phrase «oil rally»

What: Crude oil rallied sharply this week on news that OPEC was reconsidering talks to freeze production.

The short - term trend shows oil rallying sharply starting in January, according to Moore Research analysis.

See the great oil rally of 2008.

So you go short crude oil vs. your long SLB position and you see oil rally to $ 100 and SLB trade lower.

Terry describes the opportunities for oil and related assets on the back of the recent oil rally.

While oil rallied, earnings fueled the huge moves this week in Resolute Energy, Emerge Energy Ser...

Oil rally draws Trump's ire Oil prices reached three - year highs this week following a fall in US inventories and comments from Saudi Arabia targeting a price range of between $ 80 and $ 100 a barrel.

So far, this has been an excellent trade, with commodities such as crude oil rallying more than 50 per cent from their mid-2017 lows.

I'd also be slow to change my long - term intrinsic value estimates per boe in - the - ground (for example, $ 10 per proved boe), even though oil has fallen to $ 50... note I didn't increase my boe valuations when oil rallied from $ 80 to $ 120 + either.

As usual, the Loonie didn't really track oil prices since oil rallied hard this week but the Loonie ended up being a net loser.

USD - CAD topped at 1.2909, though later slipped under 1.2850 as crude oil rallied.

The oil rally has helped stocks in Saudi Arabia claim top honors this year, but the story is about more than energy.

A number of funds bet heavily on an oil rally early in the year, boosting long futures positions to a record in late February, before oil went into a prolonged slump as global supply remained elevated despite cuts from OPEC.

One of the factors limiting the oil rally is rising U.S. production.

Tom Kloza, Oil Price Information Service, looks at whether the oil rally is in jeopardy.

Saudi Aramco international IPO delay makes sense as the oil rally looks set to continue, investor says

A version of this article appears in the Nov. 1, 2017 issue of Fortune with the headline «We're Having an Oil Rally.

Crude oil rallied 20 percent from its 52 - week low this week, but is technically overbought and in a downtrend.

But shouldn't all this extra supply halt the oil rally and put a damper on producer and explorer stocks?

The EIA's report comes after earlier today in Asian and European trading market, players took profits from the oil rally, pressuring prices somewhat.

Global demand and a falling dollar have been responsible for an oil rally into the year end.

Shares of Student Transportation Inc. (TSX: STB)(NASDAQ: STB) and Suncor Energy Inc. (TSX: SU)(NYSE: SU) could go in opposite directions if the oil rally continues into 2018.

The oil rally has continued to gain steam as technical signals wage battle with geopolitical fundamentals to produce an eventful trading environment...