News StoriesFollowing Crude Oil news is the
key to trading fundamentally. Below you can find links to articles in the news that discuss market
fundamentals that could potentially affect the price of Crude Oil on the NYMEX commodities
exchange. Before you invest in the crude oil futures market you should do your own research.
"WTI oil rebounds to score third straight gain" Feb 17, 2015
Oil prices rebounded during Tuesday's trading to tally a gain of more than 9% over the past
three trading sessions. Analysts attributed the turnaround to a weaker U.S. dollar, violence in Ukraine and the Middle East
and volatility tied to crude options expiration.
2. Reuters, "Brent crude extends rally as IEA warns of Middle East risks" Feb 17,
3. Bloomberg.com, "Oil Rebounds From Six-Month Low on Middle East Tension", Aug 4, 2014
prices extended their rally beyond $62 a barrel on Tuesday as the IEA warned of supply risks in the Middle East, although
some analysts said that prices had risen too far from six-year lows hit in January.
Islamic State, which was previously known as Islamic State in Iraq and Levant, has seized territory
in northern and western Iraq, taking over oil wells and fighting for control of refineries.
4. Bloomberg.com, "Oil Market Losing Faith in Libya's Ability to Ramp Crude"
July 30, 2014
Production in Libya reached 1.7 million barrels
a day in 2008 ... Earlier this year, Libya became the smallest supplier in the Organization of Petroleum Countries and shipped
300,000 barrels a day in June, according to data compiled by Bloomberg.
5. Bloomberg.com "Oil Drops From Four-Month High Before U.S. Debt Ceiling Talks" January 21, 2013
Oil dropped from the highest price in four months in New York before U.S. lawmakers vote on
budget measures and European finance ministers meet to discuss the debt crisis that threatens the region’s economy.
6. Bloomberg.com "Crude Oil Rises on Concern Mideast Tension Will Disrupt
Supplies" November 16, 2012
Oil rose in New York on
concern that the clash between Israel and Hamas may escalate into a wider conflict that would endanger Middle East crude exports.
7. Bloomberg.com "Oil Little Changed as Jobless Claims Curb Gasoline Rally"
September 20, 2012
11 cents, extending the weekly loss to 7.2 percent. Oil slumped yesterday after the Energy Department reported crude stockpiles
surged 8.53 million barrels.
8. Bloomberg.com “Oil Drops Before Opec Meeting, U.S. Crude Stockpile Data” June 13, 2012
which meets in Vienna tomorrow, said global oil markets remain well-supplied even after its output fell in May for the first
time in eight months.
9. Bloomberg.com “Oil Trades Near One-Week High; Goldman Sees Demand Gain”
April 25, 2012
Oil rose to its highest level in a week in New York after the American
Petroleum Institute said crude inventories fell in the U.S., the world’s biggest consumer of the commodity.
10. Bloomberg.com "Saudis Set to Tap Fuel Oil Boom With Latest Pricing for Crude"
February 5, 2012
Saudi Arabia, the world's biggest oil
exporter, is poised to raise the price of its lowest-quality crude to the most in almost two years relative to the top grade
as it benefits from the rising cost of shipping fuel.