Gold Silver Reports (GSR) – Oman oil minister Mohammed Al-Rumhi told Bloomberg TV that the agreement between the Organization of Petroleum Exporting Countries (OPEC) and partners including Russia and Oman can sustain prices at $60 a barrel.
US Crude Oil Futures
US Crude Up 55 cents, Settling at $72.12, as Markets Frets over Iranian supply Gaps
GSR (Gold Silver Reports) — U.S. President Donald Trump last week demanded that OPEC raise production to prevent further price rises ahead of key congressional elections in early November.
US Crude Oil Futures Settle at $70.13 | Gold Silver Reports
Gold Silver Reports (GSR )- Technically, the price today moved away from the 100 and 200 hour MAs (blue and green lines in the chart above), but stalled near a topside trend line. The price came off against that trend line (currently at $70.35 and moving higher).