Normal service resumed for oil, but expect congestion at $72.50 per barrel
The excitement following the recent OPEC meeting is now a dim and distant memory and as the waters calm following the market’s knee-jerk reaction, it’s […]
brent crude oil price analysis
Analysis for crude oil over the daily, weekly and monthly timeframes
At the start of another trading week I thought it would be good to check in on oil again which I’ve been writing about during […]
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 […]
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 oil now preparing for a breakout
WTI oil futures continued to trade in a tight range once again today, with the January futures contract closing the oil trading session at $85.89 […]
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 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 […]
Crude oil set to break higher
Crude oil is another of the commodities I expect to perform well this year, and for the last few weeks I have been waiting for […]