Oil dips and recovers it’s bullish momentum towards $85 per barrel
Over the last week or so we have seen the price of oil retrace, but the pullback on the daily chart has simply been a […]
where next for oil
Oil prices remain bullish but now heading into a congestion phase on the monthly chart
The price of oil has continued to rise over the last few sessions as I suggested it would in my post of last week. At […]
The oil bear trap has been sprung
With all the recent headline news for oil, many have missed the trap on the daily chart for the WTI contract for June which has […]
Stopping volume on the daily oil chart
The WTI futures contract for oil and the April contract is delivering some interesting price action on the daily chart, and one on which VPA […]
Oil continues its bullish momentum
Oil is the second of our commodities much in focus today, with Friday’s knee jerk reaction to the geopolitical events propelling it higher on the […]
Where next for oil prices?
The question everyone is asking is where is the oil price heading next in the medium term, and for a possible answer we need to […]
Oil now developing bullish momentum
The daily chart for oil this year could best be described as lacklustre as oil prices have been in an extended phase of congestion, following […]
Oil futures remain bearish on the daily oil chart
The WTI December oil futures contract closed Friday’s oil trading session at $86.28 having traded in a narrow range for much of the day as […]