WTI oil prices rose Monday morning to $56.94/barrel due to a barrage of bullish headlines which puts this year’s oil rally north of 22% and climbing.
Read MoreSharp Rally, Now What?
After a sharp rally to begin the year, oil prices have been trading in a tight range over the past two weeks and are waiting for their next cue to determine price direction.
Read MoreSidestepping the Shutdown
With the partial government shutdown milling around out there, oil has found a way to stay the course. Seeing that energy production has become essential for the U.S. Economy, the Bureau of Land Management as issued exemptions for the energy fields. The Bureau of Land management is the governing body that oversees oil and gas […]
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