Oil prices continue lower as bearish pressure increases
Crude oil prices fell heavily once again yesterday, as the commodity lurched lower, adding further momentum to the negative sentiment for oil, which has now […]
Oil
A key day for oil prices
Yesterday was a significant one for oil from many different perspectives, with all the signals confirming the bearish tone for the commodity at present, and […]
Oil futures preparing to reverse recent bearish trend?
Crude oil moved into a consolidation phase on the daily chart last week, trading in a narrow range between $96.50 per barrel to the downside […]
Oil futures continue to remain bearish
Oil prices continue to remain heavily bearish on the daily chart following the initial failure at the $106 per barrel area in early July which […]
Volume & big draw in inventories combine to help oil futures
Crude oil futures finally managed to find some bullish momentum today, courtesy of the oil inventories from Cushing, which helped oil to reclaim the $100 […]
Oil comes under increasing pressure
WTI crude oil futures continued their journey South once again today, and as we come to the end of another week, the commodity continues to […]
Oil prices continue to remain bearish – $100 per barrel in sight!
Oil prices continued to move firmly lower once again in yesterday’s oil trading session with the WTI futures contract for August closing at $102.29 per […]
Oil prices continue to drift lower in early trading
Oil continues to find it hard work, building on the bullish breakout of mid June, having moved into a sustained phase of price congestion over […]
Crude oil futures reverse on short term weakness
Crude oil futures continue to find it hard work moving higher, with the August WTI contract failing to breach the $107.50 per barrel level, with […]
Crude oil futures pick up their bullish momentum again
Crude oil futures have once again regained their bullish tone, following the pause and reversal earlier in the week, which saw the July WTI contract […]
Commodities reflect the global tensions
In any escalation of political tension oil and gold are the two key commodities to watch. For oil the breakout and surge higher was largely […]
Bullish tone for oil with Chinese data the catalyst
On a relatively quiet day in terms of fundamental news, markets were left to reflect on Friday’s NFP data and the statements from the ECB […]
Yesterday’s price action confirming weakness in oil
If any further evidence were needed of the bearish sentiment towards oil, yesterday’s price action confirmed this weakness once more, as the commodity attempted to […]
WTI oil futures now preparing to break below $100 per barrel
Whilst commodities such as nickel and coffee have been offering longer term investors excellent returns this year, and with soybeans set to join the party […]
Are commodities a better long term bet?
For longer term investors, equity markets have generally remained the risk asset class of choice. However, with equities around the world now finding it hard […]
Crude oil futures pause ahead of oil inventory data
The recent bullish trend for crude oil, appears to be running into a stubborn area of price resistance on the daily chart in the $104.50 […]
Bullish momentum for oil now coming to an end?
Last week was a volatile one for crude oil futures, with the April contract closing the week at $102.58 a barrel having touched $105 per […]
Oil futures continue with bullish tone – breaking through $100 per barrell
Crude oil futures look like ending 2013 in a positive mood with the March contract currently breaking through the psychological $100 per barrel price point […]