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Goldman Sachs: Oil Crash Unlikely To Continue

Goldman Sachs: Oil Crash Unlikely To Continue

Investment bank Goldman Sachs sees…

Conflicting News Keeps Oil Prices Down

Conflicting News Keeps Oil Prices Down

In this oil price climate,…

Energy / Oil Prices

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Crude Oil Analysis for the Week of July 25, 2011

Jul 24, 2011 at 11:28 | Commodities Mansion

September Crude Oil futures finished the week at a six-week high, slightly below the psychological $100 level. The late session rally on Friday was driven by demand for crude oil…

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Crude Oil Futures Approach Two Week High

Jul 21, 2011 at 09:57 | Forex Pros

Crude oil futures erased losses on Thursday, re-approaching a two-week high as optimism European leaders would reach an agreement to solve the region’s debt crisis boosted demand for riskier assets.…

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Strong Housing Data Helps Extend Crude Oil Gains

Jul 19, 2011 at 10:51 | Forex Pros

Crude oil futures extended gains on Tuesday, jumping to a three-day high after stronger-than-expected U.S. housing data boosted future demand expectations from the world’s largest oil consumer. On the New…

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Chevron Data Proves Oil Companies NOT Speculators are Driving up Oil Prices

Jul 19, 2011 at 08:11 | Bruce Krasting

Some poor wally over at Chevron accidentally released the company’s crude/distillate trading results for the year. An effort was made by the company to squash the information. Dow-Jones said, "the…

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Crude Oil Analysis for the Week of July 18, 2011

Jul 18, 2011 at 08:13 | Commodities Mansion

September Crude Oil markets had a rocky week but still managed to close up despite another rejection of the psychological $100 per barrel level. Although the market see-sawed at times…

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Crude Oil Futures Up for the Day as Unemployment Applications Fall

Jul 14, 2011 at 09:29 | Forex Pros

Crude oil futures extended gains on Thursday, climbing to a fresh daily high after official data showed that new applications for U.S. unemployment benefits fell to the lowest in three-months…

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IEA's Efforts to Ease High Oil Prices Fails

Jul 13, 2011 at 07:48 | Energy Digital

In recent weeks, the International Energy Agency (IEA) decided to release 60 million barrels of member states’ oil reserves into the world market in what it called an effort to…

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Crude Oil Analysis for the Week of July 11, 2011

Jul 11, 2011 at 08:23 | Commodities Mansion

After forming a two-week support base between a pair of retracement levels at $94.98 and $90.13, August Crude Oil surged early last week, triggering a quick rally into a steep…

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Crude Oil Futures Maintain Gains Following EIA Inventory Data

Jul 07, 2011 at 11:06 | Forex Pros

Crude oil futures maintained gains on Thursday, trading near a three-week high after a government report showed that U.S. crude oil inventories fell less-than-expected last week, while gasoline stockpiles declined…

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Crude Oil Mid-Week Analysis for the Week of July 4, 2011

Jul 06, 2011 at 08:28 | Commodities Mansion

After a two-day consolidation, August crude oil surged to the upside. The rally was set up by last week’s closing price reversal bottom at 89.61 and penetration of several technical…

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