ENTITY

Crude Oil (CL1 COM COMDTY)

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Analysis
EnergyUnited States
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.
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bearishCrude Oil
04 Nov 2019 16:48

Weekly Oil Views: Friday's Price Spike Feels Like Irrational Exuberance

Crude rallied by nearly 4% during US trading hours on Friday, in sympathy with a burst of cheer in the financial markets from unexpectedly strong...

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04 Nov 2019 14:48

Aramco Unveils IPO: Pros and Cons of Buying the Saudi Crown Jewel

Saudi ARAMCO (131861Z AB)  on Sunday finally launched the formal process for its long-awaited initial public offering.  Share sale will begin this...

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bearishCrude Oil
28 Oct 2019 17:02

Weekly Oil Views: Surprise Rally in Crude: A Turning Point or a Blip?

Crude futures rallied by nearly 5% last week. The upward momentum had eased by Friday, but most of the newfound premium remained intact. The gains...

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bearishCrude Oil
21 Oct 2019 15:54

Weekly Oil Views: Economic Gloom Caps and Locks Prices in a Narrow Range

Upbeat quarterly earnings from some of the US corporate heavyweights and a new Brexit deal agreed between PM Boris Johnson and the European Union...

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17 Oct 2019 09:59

Global Equity Strategy: Neutral Outlook Intact, Japan and Global Tech Are Bright Spots.

In our October International Strategy, we outline important technical levels across markets and highlight various themes which lead to our neutral...

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