1. Crude Oil Price News and Forecast: WTI - WTI is testing key support as bull's hopes balance on a US/sino trade-deal signing  FXStreet
  2. Oil Prices Are Set To Slide Even Further  OilPrice.com
  3. Analysts Warn Disruption in Strait of Hormuz Could Trigger Huge ‘Black Swan’ Event for Oil Markets  Sputnik International
  4. Trump Is Wrong. The U.S. Does Need Middle East Oil  Bloomberg
  5. Donald Trump is wrong. US does need Middle East oil  Economic Times
  6. View full coverage on Google News
The uptrend may be expected to continue, while pair is trading above support level 58.35, which will be followed by reaching resistance level 60.20. DThe uptrend may be expected to continue, while pair is trading above support level 58.35, which will be followed by reaching resistance level 60.20. D

Crude Oil Price News and Forecast: WTI - WTI is testing key support as bull's hopes balance on a US/sino trade-deal signing

A dramatic initial price reaction to US-Iranian hostilities in the Persian Gulf led traders to believe that oil could rally further, but easing tensions have effectively derailed the rallyA dramatic initial price reaction to US-Iranian hostilities in the Persian Gulf led traders to believe that oil could rally further, but easing tensions have effectively derailed the rally

Oil Prices Are Set To Slide Even Further | OilPrice.com

Several major economic powers earlier embarked on preventive measures in the event Iran closes the Strait of Hormuz - a critical seaborne oil export choke point between the Arabian Peninsula and Iran – amidst escalating tension between Washington and Tehran in the wake of the US assassination of Iranian General Qasem Soleimani. Several major economic powers earlier embarked on preventive measures in the event Iran closes the Strait of Hormuz - a critical seaborne oil export choke point between the Arabian Peninsula and Iran – amidst escalating tension between Washington and Tehran in the wake of the US assassination of Iranian General Qasem Soleimani.

Analysts Warn Disruption in Strait of Hormuz Could Trigger Huge ‘Black Swan’ Event for Oil Markets - Sputnik International

Last week’s price action and the position’s data indicate that the hedge funds are accumulating but not chasing crude oil higher. This suggests that although they are bullish, they are more interested in buying value rather than inflated, event driven prices.Last week’s price action and the position’s data indicate that the hedge funds are accumulating but not chasing crude oil higher. This suggests that although they are bullish, they are more interested in buying value rather than inflated, event driven prices.

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Headline Julian Lee: Trump is wrong - The US does still need Middle East’s oilThe US still imports the kind of crude pumped in Iraq and Saudi Arabia, and any disruption to the region’s oil exports would drive prices up at American pumps, writes Julian Lee.

Julian Lee: Trump is wrong - The US does still need Middle East’s oil

Bloomberg - Are you a robot?

Americans need Middle East crude oil to keep flowing or else theyll face higher gas prices.Americans need Middle East crude oil to keep flowing or else theyll face higher gas prices.

Crude Oil Prices: Donald Trump is wrong. US does need Middle East oil - The Economic Times

President Trump’s approach to Middle East isn’t new, but there was a time when relations were positive. <p>President Trump’s approach to Middle East isn’t new, but there was a time when relations were positive.</p>

History of U.S. in Middle East reveals escalating conflict, and roots of friendship [Opinion] - HoustonChronicle.com

Our assassination of Iranian military commander Qasem Soleimani on Jan. 2 should prompt us to ask two questions that, unsurprisingly, no one whose voice matters will ask: Why are we enemies with Iran, and why do we have troops in the Middle East? Few nations outside the region are in our position, so why are we? Imperial nations have enemies, and they base armed forces outside their borders to deal with their enemies, including their subjected populations.Our assassination of Iranian military commander Qasem Soleimani on Jan. 2 should prompt us to ask two questions that, unsurprisingly, no one whose voice matters will ask: Why are we enemies with Iran, and why do we have troops in the Middle East? Few nations outside the region are in our position, so why are we? Imperial nations have enemies, and they base armed forces outside their borders to deal with their enemies, including their subjected populations.

Herb Rothschild Jr.: Why ASIS (America Stuck in Iraq and Syria)? | Ashland Tidings

“- Attack on Saudi oil facilities that take out 5% of global crude supply? Meh - U.S. assassinating one of Iran's most powerful generals, raising tensions in the MidEast? Meh How the oil markets learned to shrug off the worst Middle East crises in years https://t.co/83joPqOOQl”

Catherine Ngai on Twitter: "- Attack on Saudi oil facilities that take out 5% of global crude supply? Meh - U.S. assassinating one of Iran's most powerful generals, raising tensions in the MidEast? Meh How the oil markets learned to shrug off the worst Middle East crises in years https://t.co/83joPqOOQl"

“L: China's crude oil imports by the millions of barrels per day. R: Syria's crude oil production by the hundreds of thousands of barrels per day. These two graphs explain why Iran needs the Strait of Hormuz open. If oil doesn't go to these, the strait will be dangerous. #OOTT”

Sam on Twitter: "L: China's crude oil imports by the millions of barrels per day. R: Syria's crude oil production by the hundreds of thousands of barrels per day. These two graphs explain why Iran needs the Strait of Hormuz open. If oil doesn't go to these, the strait will be dangerous. #OOTT… https://t.co/0xBfzldP1p"

“Airlines won't necessarily raise prices amid Iran tensions, oil uncertainty: Petroleum analyst https://t.co/jXL8A6EO70 @MorningsMaria @FoxBusiness”

Maria Bartiromo on Twitter: "Airlines won't necessarily raise prices amid Iran tensions, oil uncertainty: Petroleum analyst https://t.co/jXL8A6EO70 @MorningsMaria @FoxBusiness"

“Crude oil erased a rally that followed the U.S. killing of a top Iranian general after President Donald Trump downplayed the impact of Iranian attacks on American military bases in Iraq”

Stephen Stapczynski on Twitter: "Crude oil erased a rally that followed the U.S. killing of a top Iranian general after President Donald Trump downplayed the impact of Iranian attacks on American military bases in Iraq… https://t.co/DdZXaat3qj"

Iran is unlikely to block the Strait of Hormuz, the world's busiest oil-shipping channel, in reprisal for the killing of Qassem Soleimani for fear of aggravating its Gulf allies and China, regional analysts said on Monday.Iran is unlikely to block the Strait of Hormuz, the world's busiest oil-shi...

Iran won't target Strait of Hormuz over Soleimani killing: analysts - Reuters

(Bloomberg) -- Oil settled at the lowest level since early December as geopolitical tension in the Middle East eased. Futures in New York fell 1.6% Monday. The threat of an outright war has receded since Tehran fired missiles at U.S.-Iraqi bases last week in retaliation for Washington’s assassination(Bloomberg) -- Oil settled at the lowest level since early December as geopolitical tension in the Middle East eased. Futures in New York fell 1.6% Monday. The threat of an outright war has receded since Tehran fired missiles at U.S.-Iraqi bases last week in retaliation for Washington’s assassination

Oil Falls to the Lowest in Over a Month as Gulf Tensions Recede

With global oil demand growth set to fall dramatically this year, only a major supply disruption will stop prices from falling furtherWith global oil demand growth set to fall dramatically this year, only a major supply disruption will stop prices from falling further

Are Oil Prices Still Too High? | OilPrice.com

Oil markets are calming down after a tumultuous week in the Middle East, but analysts and governments should be wary of claims that the U.S.-Iran crisis is overOil markets are calming down after a tumultuous week in the Middle East, but analysts and governments should be wary of claims that the U.S.-Iran crisis is over

The Iran Crisis Is Far From Over | OilPrice.com

‘The vulnerable spot’: Disruption in the Strait of Hormuz would be greatest ‘black swan’ event in years for oil markets – S&P‘The vulnerable spot’: Disruption in the Strait of Hormuz would be greatest ‘black swan’ event in years for oil markets – S&P

‘The vulnerable spot’: Disruption in the Strait of Hormuz would be greatest ‘black swan’ event in years for oil markets – S&P — RT Business News

Oil prices fell more than 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following a bearish US report last week showing a large gasoline stockbuild.Oil prices fell more than 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following a bearish US report last week showing a large gasoline stockbuild.

While tensions may be escalating between the United States and Iran, the conflict is not likely to impact the price of gas for most Americans thanks to the abundance of U.S. shale oilWhile tensions may be escalating between the United States and Iran, the conflict is not likely to impact the price of gas for most Americans thanks to the abundance of U.S. shale oil

Why Gas Prices Aren’t Soaring On Iranian Conflict | OilPrice.com