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 […]
crude oil forecast
Stopping volume on the weekly oil chart
In my last post for oil I wrote the following: So where next for oil? Another key level awaits below at $55 per barrel and […]
Oil continues it’s bullish momentum following breach of resistance
In my post of the 28th March, I suggested that we were seeing a strong platform of price support develop in the $57.80 per barrel […]
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 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 […]
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 […]
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 […]
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 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 […]
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 […]