Crude oil breaks higher but watch the volume!
A quick update on the oil price, in particular the WTI September contract, following its recent breakout and move. The question now is how high is […]
Oil
Crude oil pausing and preparing to break higher
Following the recent bullish breakout for crude oil, the commodity has now paused for breath as it continues to consolidate in the $105 to $107 […]
WTI oil futures preparing to move higher
A very pretty picture on the daily WTI futures chart for oil bulls last week which saw the commodity surge higher in an inverted “waterfall” […]
Oil surges higher – inventories and Egypt support the technical picture
A quick update on oil as it breaks through the $100 per barrel price point accompanied by high volume, a classic breakout which is validating […]
Crude oil now preparing to test $100 per barrel
As I wrote at the end of last week, crude oil futures were looking in bullish mood and as I suggested at the time, provided […]
Crude oil futures end week in bullish tone
Crude oil futures look like ending the month in a bullish mood, and provided we see today’s positive tone hold, then the commodity will end […]
Crude oil struggles to move higher – key resistance now in sight (again!)
Crude oil continues to trade in a narrow range moving back and forth between the $91.50 per barrel region to the down side, and $97.50 […]
WTI remains rangebound
The September WTI crude oil contract continues to oscillate between $91.50 to the downside and $97 to the upside, refusing to attack the $100 per […]
Crude oil poised to move higher
Since my last post on the WTI futures contract, the commodity has continued to oscillate in a relatively narrow range, with the upper level of […]
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And NOW in paperback too – order your copy TODAY! Here’s what people have been saying on Amazon, after buying the Kindle version: A Fantastic […]
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 […]
WTI Struggling To Regain Bullish Momentum
Following the bullish recovery for crude oil of the last two weeks, which saw the commodity recover from the lows of $86 per barrel to […]
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 […]
Where next for WTI crude oil futures following week of indecision?
This was a week of indecision for crude oil futures, with the May WTI contract ending marginally higher, following five days of price action which […]
Sharp sell off in oil following FED minutes
Crude oil futures was another commodity which sold off sharply yesterday, largely driven by dollar strength with the March contract ending the session with a […]
WTI Oil Analysis 15 Feb 2013
Crude oil futures continued to trade in a tight range once again yesterday, with the March contract moving between $96.77 to the downside and $97.71 […]
WTI crude oil futures analysis
Following the sharp sell off in March crude oil futures on Monday which saw the WTI contract close at $96.17 per barrel and with markets […]