Predicting the path of least resistance for any asset can be a challenge.
Crude Oil News & Articles
After falling to a low at $42.36 on the nearby contract at the end of December, the price of crude oil recovered and reached its most recent peak at $57.88 on March 1.
Over recent trading sessions we have seen selling in gold, copper backed off from its short-term high, the dollar has been edging higher, and stocks have been threatening to correct to the downside
On Friday, February 22, the price of WTI crude oil continued its upward trajectory as it rose to a new high for 2019 at $57.81 per barrel.
The President’s Day weekend is a family holiday in the United States where many businesses and schools close.
Having trouble being inspired? Don’t worry, we’ve got you covered. Here are a few things to think about while you count down to your days off. You’re welcome. Earnings
Government shutdown part 2. As of yet, no deal has been reached between feuding democrats and republicans to fund the U.S.
The price differential between Brent and WTI crude oil can be a critical piece of fundamental data when it comes to predicting the path of least resistance of the price of the energy commodity.
March can be a wild month when it comes to the weather. There is an old saying; March comes in like a lion and goes out like a lamb.
While most of us never trade commodities, raw material prices often provide a window into the health and wellbeing of the global economy.
In an article we wrote on January 4th titled “Polar Vortex Could Cause Natural Gas Prices to Spike Again” which can be found
The Venezuelan economy has been deteriorating. History teaches that holding onto political power when inflation is running at one million percent is more than a challenge.
The performance of the stock market has been a reversal of fortune so far in 2019.
January 1st of 2019 marks the start of another crude oil production cut by OPEC and non-OPEC oil producing nations.
On January 7, I posted an article, Did We See The Bottom In Crude Oil On Christmas Eve? In th
The end of 2018 was ugly and got sloppy in the crude oil market.
At the December 6th and 7th meeting of the Organization of Petroleum Exporting Countries (OPEC), a decision was made (along with Russia) to cut crude oil production by 1.2 million barrels per day (
On Christmas Eve, the price of crude oil made yet another new low as the price evaporated to $42.36 per barrel on the nearby West Texas Intermediate futures contract.
There were two important announcements after the 2-day OPEC meeting at the end of last week.
On Thursday we got another example of how crude oil is a highly political commodity.
Glimmers of cooperation between world powers helped bring additional bids to oil to start the week.
In a post dated November 2nd titled “Bear Market Close For Crude Oil”, we wrote; “The bottom of the old range represents bear market territory and is likely to be a target for shorts, which means s