providing a potential support for prices. However, the market remains under pressure from steady interest rates and geopolitical developments. At 09:52 GMT, Light CrudeOil Futures are trading ...
Nevertheless, prices retreated late Wednesday and into ... The current daily price of light crudeoil futures at $87.14 is above both the 200-day and 50-day moving averages, at $77.88 and $85. ...
A decrease in crude in floating storage is bullish for prices. Monday's weekly data from Vortexa showed that the amount of crude oil held worldwide on tankers that have been stationary for at least a ...
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