Another positive week for oil, but short term weakness ahead
It was another positive week for crude oil, which continues to develop the bullish momentum I suggested recently. In my last post, I wrote we […]
forecast for oil
Two great signals on oil
Crude oil is another commodity which has an interesting technical picture and certainly one for volume aficionados as there is a clear anomaly which has […]
Crude oil now finely balanced above support level
An interesting period of price action for oil traders over the last few days, as the short term negative sentiment of early May was duly […]
May crude oil futures continue to remain bullish
May crude oil futures continued to climb higher once again in yesterday’s trading session, closing at $96.51 per barrel, with a narrow spread up candle […]
WTI crude oil futures continue in bullish tone
Crude oil futures started the week in bullish tone, with the April WTI contract closing higher at $94.81 per barrel, up almost $1.50 in the […]
WTI crude oil continues in sideways price congestion
WTI crude oil futures continued to trade in a narrow range once again today, oscillating between the $86 and $88 per barrel region, as the […]
Oil price forecast
Crude oil futures continued to trade in a narrow range once again yesterday, with the December WTI futures contract closing the oil trading session at […]
Forecast for the markets this week
This week of course, the financial markets are really only concerned with one event – no, not whether President Obama gets to keep his job […]
Forecast for December WTI crude oil futures
The December WTI contract for oil closed marginally higher yesterday, closing the oil trading session at $87.09 per barrel, as the commodity attempts to find […]
Oil futures remain bearish on the daily oil chart
The WTI December oil futures contract closed Friday’s oil trading session at $86.28 having traded in a narrow range for much of the day as […]
WTI oil price analysis – 5th October 2012
WTI December oil futures ended yesterday’s oil trading session sharply higher, and closing at $92.07 dollars per barrel with a wide spread up bar, reversing […]
Commodities forecasts for gold, silver and oil
Following the strong gains for commodities in 2010, much is expected for the major sectors this year, with metals and the energy complex expected to […]