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Todays strong gains were largely attributable to bullish crude guidance out of the EIA said Jim Ritterbusch of Ritterbusch and Associates PositiveNEW YORK Oil prices jumped more than on Wednesday following a drawdown in U.S. crude and gasoline inventories and as Hurricane Sally forced a swath of U.S. offshore production to shut http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-up-more-than-4-as-u-s-stockpiles-fall-hurricane-hits-output-idUSKBN26703T2020-09-17
A smidgen of favorable headlines on the coronavirus front has been enough to spur buying interest back into the gasoline said Jim Ritterbusch of Ritterbusch and Associates PositiveNEW YORK Oil settled higher on Monday supported by data suggesting Chinese factories were returning to prepandemic levels signs of rising energy demand and hopes for an agreement in the United States on more coronavirusrelated economic stimulus http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-settles-higher-on-chinese-factory-data-u-s-stimulus-hopes-idUSKCN2560162020-08-11
anywhere across the complex can be Jim Ritterbusch president of Ritterbusch and Associates in Galena Illinois said in a report NegativeNEW YORK U.S. crude prices settled about lower on Tuesday after data showing domestic stockpiles didnt rise as high as had been expected given tightening storage despite pledges to cut production from May 1 http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-settles-higher-on-hopes-of-easing-lockdowns-u-s-crude-falls-amid-storage-shortage-idUSKCN22A04R2020-04-29
As the virus spreads globally additional downside revisions in oil demand for this year may be Jim Ritterbusch president of Ritterbusch and Associates said in a note NegativeEuropean stocks tumble Italy down more than after virus spread http://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-oil-slide-gold-spikes-as-virus-fears-grip-markets-idUSL2N2AO0ZQ2020-02-25















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