API Crude Oil Stocks Suggest Crude Oil Prices Could Feel the Heat

API crude oil stocks The API (American Petroleum Institute) is scheduled to release its weekly crude oil inventory report on Tuesday, May 3, 2016. The API reported that US crude oil inventory fell by 1.1 MMbbls (million barrels) between April 15, 2016, and April 22, 2016. The API added that Cushing crude oil inventories rose …

WTI Crude Oil Price Forecast:The Biggest Bullish Test Of 2016

To receive Tyler’s analysis directly via email, please SIGN UP HERE Talking Points: Crude Oil Technical Strategy: Major Resistance Has Arrived, Watching for Reversal The US Dollar Drop Has Confounded Traders & Banks & It Will Determine Oil Into Q2 2016 Sentimental Trading System Warns of Potential Top This week will see how the price …

Unconventional Wisdom: Building a Conventional Oil Company in an Era of Shale

Petro River Oil is Participating in a Portfolio of Conventional Assets in Oklahoma and California in 2016, with a Northern Ireland Exploration Test on Tap for Q2 When Scot Cohen founded Iroquois Capital Opportunity Fund, the seasoned portfolio manager kept an eye open for contrarian opportunities. These days Cohen is focused on Petro River Oil Corp. (ticker: PTRC; Petro Riveroil.com), …

A Crude Oil Rally Above $40 A Barrel Is Unsustainable As The U.S. Economy Falters

Summary A crude oil rally above the $40 per barrel level is unsustainable in light of decelerating U.S. and global economic growth. Crude prices previously showed a direct correlation with the 10Y/2Y yield spread, but began to decouple on speculation of an OPEC deal. Unless crude prices stay decoupled from the yield spread, the price …

Petro River Oil Corp. to Acquire a 13.75% Working Interest in Oil and Gas Leases located in southern Kern County, California

Petro River Oil Corp. to Acquire a 13.75% Working Interest in Oil and Gas Leases located in southern Kern County, California NEW YORK, NY, March 9, 2016– Petro River Oil Corp.  (OTCBB: PTRC) (“Petro River” or the "Company"), today announced that it closed its Asset Purchase and Sale and Exploration Agreement to acquire a 13.75% working interest in …

US oil erases gains, closes at $32.78 a barrel

U.S. crude closed lower in choppy trade, but still recorded weekly gains, as supply disruptions in Iraq and Nigeria provided supported. Pipeline outages in Iraq and Nigeria have removed more than 800,000 barrels of crude oil per day from the market for at least the next two weeks. The disruptions should offset recent increases to …