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After a relatively strong end to the week the oil market has started the week under pressure. ICE Brent is trading back below US$89/bbl at the time of writing. Geopolitical risks appear to have eased considerably, removing some of the risk premium priced into the market. However, there are still signs of tightening in the physical market with prompt ...
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The Baker Hughes rig count for the current week shows: • Oil rigs: 506 vs 511 • Natural gas rigs:105 vs 106. • Total rigs: 613 vs 619 last week. Crude oil is trading up $0.22 at $83.80.Baker Hughes: US oil rig count down by 5 to 506 The number of oil rigs in the United States stood at 506 in the week ending April 26, decreasing by five ...
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Today you will see CRUDE OIL price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USWTI. What to expect where the price will breakout for the USWTI based on the supply and demand zones.
Date | 2:30am | Impact | Detail | Actual | Forecast | Previous | Graph | ||
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2:30am | Actual | ||||||||
Mon Apr 29 | |||||||||
Mon Apr 29 | 9:30pm | CH Manufacturing PMI | 50.3 | 50.8 | |||||
CH Non-Manufacturing PMI | 52.2 | 53.0 | |||||||
9:45pm | CH Caixin Manufacturing PMI | 51.0 | 51.1 | ||||||
Tue Apr 30 | |||||||||
Tue Apr 30 | 1:30am | FR Flash GDP q/q | 0.1% | 0.1% | |||||
3:00am | SP Flash GDP q/q | 0.4% | 0.6% | ||||||
4:00am | IT Prelim GDP q/q | 0.1% | 0.2% | ||||||
GE Prelim GDP q/q | 0.1% | -0.3% | |||||||
5:00am | EZ CPI Flash Estimate y/y | 2.4% | 2.4% | ||||||
EZ Prelim Flash GDP q/q | 0.1% | 0.0% | |||||||
8:00am | MX Prelim GDP y/y | 2.4% | 2.5% | ||||||
8:30am | CA GDP m/m | 0.3% | 0.6% | ||||||
9:00am | US S&P/CS Composite-20 HPI y/y | 6.7% | 6.6% | ||||||
9:45am | US Chicago PMI | 44.9 | 41.4 | ||||||
10:00am | US CB Consumer Confidence | 104.0 | 104.7 | ||||||
4:30pm | US API Weekly Statistical Bulletin |