echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Biochemistry News > Amino Acids Research > Crude Oil Early Review: Investors Profited End of U.S. Crude Oil Surge

    Crude Oil Early Review: Investors Profited End of U.S. Crude Oil Surge

    • Last Update: 2020-07-01
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    "PvnJuly 19 U.Scrude oil opened 107.86, the highest 108.92, the lowest 106.94, closed at 108.16, up and down .35, up and down by 0.32%Pvn
    The U.Sweekly leading indicator (WLI) rose to 131.2 on July 11, its highest in more than two years, and its annual growth rate edged up, the Institute for Economic Cycles (ECRI) said FridayThe front value is corrected to 130.1 and the initial value is 130.3Pvn
    South Sudan's foreign minister said the country's crude oil exports would fall to 100,000 bpd this weekend as a total shutdown approachedPvn
    Unemployment fell in only 11 until June, the Labor Department said in a report released Thursday (July 18), suggesting that the path to economic recovery remains in tattersThe report was due to be released on FridayPvn
    4 ( Localsources ) , sources familiar with the British government's thinking said the UK had abandoned plans to provide arms to Syrian opposition forces to topple President Bashar al-Assad , and believed he could serve for yearsPvn
    "Technical Analysis" Pvn due to falling inventories and strong economic data support, U.S crude oil recently rose, Friday's intraday high hit 108.92, but near the end of the week, some investors chose to profit close, the above heavy selling pressure to make the price quickly fall back, the bottom touched near 107.5 support when the larger buy support, to close 0.32% small In terms of technical indicators, the MACD red column continues to shorten and run on two-line, KDJ high winding, top divergence, RSI running to overbought area Overall, the technical side of the pressure and the early profit long to sell pressure or will be an important factor hindering oil prices continue to rise, short-term break through the new high of 108.92 after looking at the resistance near the 110.0 integer mark Pvn "Face Review" Pvn July 19 U.S crude oil opened 107.86, the highest 108.92, the lowest 106.94, closed at 108.16, up and down .35, up or down by 0.32% Pvn
    The U.S weekly leading indicator (WLI) rose to 131.2 on July 11, its highest in more than two years, and its annual growth rate edged up, the Institute for Economic Cycles (ECRI) said Friday The front value is corrected to 130.1 and the initial value is 130.3 Pvn
    South Sudan's foreign minister said the country's crude oil exports would fall to 100,000 bpd this weekend as a total shutdown approached Pvn
    Unemployment fell in only 11 until June, the Labor Department said in a report released Thursday (July 18), suggesting that the path to economic recovery remains in tatters The report was due to be released on Friday Pvn
    4 ( Localsources ) , sources familiar with the British government's thinking said the UK had abandoned plans to provide arms to Syrian opposition forces to topple President Bashar al-Assad , and believed he could serve for years Pvn
    "Technical Analysis" Pvn due to falling inventories and strong economic data support, U.S crude oil recently rose, Friday's intraday high hit 108.92, but near the end of the week, some investors chose to profit close, the above heavy selling pressure to make the price quickly fall back, the bottom touched near 107.5 support when the larger buy support, to close 0.32% small In terms of technical indicators, the MACD red column continues to shorten and run on two-line, KDJ high winding, top divergence, RSI running to overbought area Overall, the technical side of the pressure and the early profit long to sell pressure or will be an important factor hindering oil prices continue to rise, short-term break through the new high of 108.92 after looking at the resistance near the 110.0 integer mark Pvn
     
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.