• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 49 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 hours How Far Have We Really Gotten With Alternative Energy
  • 1 day The United States produced more crude oil than any nation, at any time.
  • 12 hours China deletes leaked stats showing plunging birth rate for 2023
  • 2 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 7 days Bad news for e-cars keeps coming
Oil Bounces Back on Rate Cut Optimism

Oil Bounces Back on Rate Cut Optimism

The market reacted positively to…

Energy / Oil Prices

Crude Oil Analysis for the Week of October 17, 2011

Oct 16, 2011 at 10:42 | FX Empire

Last week December Crude Oil surged to the upside after confirming the previous week’s closing price reversal bottom at $75.15. Although the move was impressive, the main trend remains down…

Crude Oil Analysis for the Week of October 10, 2011

Oct 09, 2011 at 11:57 | FX Empire

December Crude Oil closed higher for the week after reversing earlier weakness. The market stopped breaking at 75.15, slightly above the May 2010 bottom at 75.01. Although the price was…

Crude Oil Analysis for the Week of October 3, 2011

Oct 02, 2011 at 08:58 | FX Empire

November crude oil futures finished the week slightly lower on fears that slowing global economic growth will curtail demand. Not only was the week lower, but the quarterly loss was…

Crude Oil Analysis for the Week of September 26, 2011

Sep 25, 2011 at 14:08 | FX Empire

November Crude Oil finished sharply lower this week in a move driven by the U.S. Federal Reserve’s assessment of the economy. On Wednesday, September 21, the Fed stated in its…

Changing Behavior of Crude Oil Futures Prices

Sep 22, 2011 at 13:58 | James Hamilton

I've just finished a new research paper with my former student (and now University of Chicago Professor) Cynthia Wu. In our new paper, we study how increased purchases of…

Crude Oil Prices Drop Ahead of federal Reserve Meeting

Sep 21, 2011 at 08:27 | Forex Pros

Crude oil futures edged lower on Wednesday, as traders positioned themselves ahead of the outcome of the Federal Reserve’s monetary policy meeting later in the day and a government report…

Crude Oil Analysis for the Week of September 19, 2011

Sep 18, 2011 at 11:12 | FX Empire

What promised to look like a bullish week on Tuesday, failed as the rally in November Crude Oil fizzled with a series of narrow trading days. The trading action became…

Crude Oil Analysis for the Week of September 12, 2011

Sep 11, 2011 at 09:34 | FX Empire

November Crude Oil finished the week slightly better after ping-ponging between a pair of Gann angles at $87.39 and $86.61. Volatility was also high, helping to form an outside move…

Brent Versus WTI - Why so Wide

Sep 07, 2011 at 23:06 | Bruce Krasting

We set another record yesterday. This one has me scratching my head. The Brent WTI spread widened to $27.22. That’s never been seen before. There are some partial explanations for…

An Update on My Oil Short

Sep 06, 2011 at 07:57 | Mad Hedge Fund Trader

Will everyone please take a look at the chart below for the United States Oil Fund ETF (USO) and tell me if you don’t see a downtrend? Because if it…

Crude Oil Analysis for the Week of September 5, 2011

Sep 04, 2011 at 10:33 | FX Empire

Crude Oil futures fell on Friday after the U.S. released a dismal jobs report, but still managed to close slightly better for the week. The reaction by traders strongly suggests…

Fundamentals, Speculation, and Oil Prices

Aug 30, 2011 at 08:23 | James Hamilton

I was in Washington DC last week, arriving right after the earthquake and getting out of town just before Irene, to attend a conference on commodity markets at the Commodity…

Crude Oil Analysis for the Week of August 29, 2011

Aug 28, 2011 at 09:55 | FX Empire

October Crude Oil posted an inside week but still managed to close higher. The inside pattern often indicates impending volatility because of the compression of the daily ranges. Since the…

Crude Oil Analysis for the Week of August 22, 2011

Aug 23, 2011 at 19:10 | FX Empire

October Crude Oil futures fell last week on perceptions that the economic recovery in the U.S. remains sluggish. As the week wore on, disappointing U.S. economic reports continued to reveal…

Falling Gasoline Supplies Push Crude Oil Futures Higher

Aug 17, 2011 at 09:47 | Forex Pros

Crude oil futures were up on Wednesday, trading close to a two-week high after industry data showed that U.S. gasoline supplies fell to the lowest level since June 2009 last…

Crude Oil Analysis for the Week of August 15, 2011

Aug 14, 2011 at 10:21 | FX Empire

Following a volatile trading week which saw the October Crude Oil futures trade in 13.18% range, the market settled at $85.69, down $1.61 or 1.84%. The week started out with…

Oil Prices and the Fall of the Soviet Union

Aug 11, 2011 at 07:24 | Gail Tverberg

Back in the 1960s and 1970s, the country that was the “big growth story” was the Soviet Union. Its oil consumption grew by leaps and bounds. Its space program grew;…

Why Falling Oil Prices are NOT a Reason to Celebrate

Aug 10, 2011 at 08:37 | Robert Rapier

Normally, consumers consider falling oil and gasoline prices to be good news. They have to pay less to fill up their tanks. And if the reason for that is that…

Crude Oil Analysis for the Week of August 8, 2011

Aug 07, 2011 at 10:04 | FX Empire

September crude oil reaffirmed its weekly downtrend last week on the trade through the late June bottom at 90.17. Besides trading lower for the year, crude oil also took out…

Why High Oil Prices will Make the Next Debt Crisis Even Worse

Aug 05, 2011 at 07:49 | Gail Tverberg

Most people assume that the mismatch between US federal government revenue and expenses will go away, with enough time. All that is needed is a little “patch” now, and some…

Oilprice - The No. 1 Source for Oil & Energy News