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 […]
oil trading
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 […]
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 […]
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 […]
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 […]
WTI Futures Continue Higher
March crude oil futures continued to climb higher yesterday’s oil trading session closing the day at $97.94, 62 cents per barrel higher overall. The narrow […]
WTI Oil Futures 28 Jan 2013
March WTI crude oil futures closed today’s oil trading session at $96.44 per barrel ending the session as a narrow spread up bar, having opened […]
WTI crude oil maintains bullish momentum
Crude oil futures have continued their bullish momentum once again this week albeit in a measured way, moving ever higher in a series of extended […]
WTI continues to march higher
As with many other commodities it was last Thursday’s price action which was also significant for crude oil and, in particular, the February WTI contract […]
WTI Futures Analysis 9 Jan 2013
For those of you who follow my regular oil market analysis you will no doubt recall my post of 3rd January 2013 in which I […]
WTI Futures Breakout 3 Jan 2013
A seminal day for crude oil futures yesterday with the WTI February contract finally breaking above the extended period of sideways consolidation of November and […]
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 […]
Market forecast for next week
Risk sentiment wained last week sending equities and commodities lower, whilst Spanish bond yields climbed, as investors moved away from riskier assets and into safe […]