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Crude oil dropped on last trading session of the year but ended with their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC

Oil market concerns continued to disappear, as $US39-$US40 seemed to be a key level for a lot of short positions to close out and the buying associated with the short covering helped the WTI oil price rise another 2.3 percent overnight. Visit: - The world's number 1 financial investment alert provider. ‪#‎marketsandyou‬ ‪#‎binaryaus‬ ‪#‎binaryoption‬ ‪#‎investing‬ ‪#‎signupnow‬ ‪#‎financialmarkets‬ ‪#‎tradingguide‬

WTI oil futures trim losses after bullish weekly provide knowledge -


#Oil and #Gas report - January 3 2017 Commodity prices have had a rough few years posting losses for much of the last few years. However for many commodities 2016 may have marked the beginning of another upturn. Spot prices for metals in the S&P Goldman Sachs Commodity Index (GSCI)rose22 percent in 2016. Precious metals increased by 8 percent and agricultural prices climbed by 5 percent. But energy prices increased by more than any other commodity rising by 48 percent last year…

#TechnicalAnalysis WTI Oil slips on muddy road, US data on spotlight WTI Oil slips on a muddy ascending road after OPEC monthly report, US data on spotlight later this afternoon. The #Oil price continues to fall today after three day decline, WTI oil is trading below 47US Dollar/barrel. According to International Energy Agency (IEA), the oil demand is expected to ...

With the US summer driving season nearly over, the WTI Oil Price is succumbing to hefty selling. Could the commodity really drop into the $30 a barrel range?