Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Oil Continues The Bullish Attack
Canadian and U. S. oil rig counts continue uptrend
Baker Hughes has reported that for the current week ending on 24 September, the US rotary rig count increased by nine to 521 rigs.The Canadian rig count is now up by 91 rigs compared to the same week a year ago.The overall rig count is now up by 260 rigs …
Read More »Oil Continues to Rising For 4th Day in a Row on Supplies Concerns
Oil prices continued to rise for the fourth consecutive day due to global supply concerns following two hurricanes in the United States, but the first sale of government crude reserves in China temporarily limited this rise. Brent crude rose 12 cents, or 0.2 percent, to $ 77.37 a barrel, after …
Read More »Oil Touches The Extended Target
Oil, Crude, trading
Read More »Oil Continues to Make Gains
Oil, Crude, trading
Read More »Oil Touches Goal
Oil, Crude, trading
Read More »Oil fluctuates with Fed meeting in Focus
New York’s stock markets witnessed a mixed move of futures that switched between gains and losses on Tuesday. The U.S. central bank will meet, Wednesday, to decide on the fate of asset purchases. Officials are expected to hold interest rates near zero.Tapering of the Fed’s USD 120 billion in monthly …
Read More »Reuters: OPEC+ Commitment to Oil Cuts Increased to 116% in August
Two sources from the group of OPEC+ oil producers told Reuters that the group’s commitment to production cuts increased to 116 percent in August from 109 percent in July.
Read More »Oil Rises 1% Amid Signs of Tight US Supplies
Oil prices rose on Tuesday, September 21, after analysts pointed to signs of tight US supplies, ending a series of losses that lasted for days, while global markets still haunted by the specter of the potential impact on the Chinese economy from the crisis of the debt-burdened real estate group …
Read More »Oil Based on Support
Oil, Crude, trading
Read More »