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Global Market Turbulence Caps Oil Prices

Global Market Turbulence Caps Oil Prices

Oil prices only rallied modestly…

Energy / Oil Prices

Crude Oil Analysis for the Week of July 11, 2011

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…

Crude Oil Futures Maintain Gains Following EIA Inventory Data

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…

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

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…

Thinly Traded Crude Oil Futures Trim Gains

Thinly Traded Crude Oil Futures Trim Gains

Jul 04, 2011 at 10:50 | Forex Pros

Crude oil futures trimmed gains in holiday-thinned trade on Monday, easing off a two-day high after the U.S. dollar erased losses against the euro following a warning by ratings agency…

The Oil Price Closely Observed

The Oil Price Closely Observed

Jul 01, 2011 at 07:29 | Ferdinand E. Banks

When recently asked why the (West Texas Intermediate) oil price at the end of June (2011) had declined from 112 dollars per barrel (=$112/b) to almost 90$/b in a fairly…

Positive Jobless Data Helps Push Crude Oil Futures Higher

Positive Jobless Data Helps Push Crude Oil Futures Higher

Jun 30, 2011 at 13:34 | Forex Pros

Crude oil futures trimmed losses on Thursday, briefly rising above USD95 a barrel after official data showed that the number of people who filed for unemployment assistance in the U.S.…

Prepare Yourselves for The Next Oil Price Shock

Prepare Yourselves for The Next Oil Price Shock

Jun 28, 2011 at 07:48 | Dave Cohen

Looking at the oil supply & demand fundamentals, next year looks like an accident waiting to happen. If economic growth in emerging economies remains on track, and that is a…

Crude Oil Futures Fall over Economic Concerns

Crude Oil Futures Fall over Economic Concerns

Jun 23, 2011 at 15:26 | Forex Pros

Crude oil futures were down on Thursday, as a broadly stronger U.S. dollar and concerns over the U.S. economic outlook dragged prices lower.  On the New York Mercantile Exchange, light,…

Crude Oil Futures Drop to Four Month Low

Crude Oil Futures Drop to Four Month Low

Jun 20, 2011 at 12:40 | Forex Pros

Crude oil prices extended sharp losses from the previous session on Monday, dropping to a four-month low as the U.S. dollar gained amid uncertainty over a second Greek bailout package,…

Crude Oil Futures Slide Over Economic Recovery Fears

Crude Oil Futures Slide Over Economic Recovery Fears

Jun 09, 2011 at 13:36 | Forex Pros

Crude oil futures erased gains on Thursday, as prices were pressured by a broadly higher U.S. dollar and after disappointing U.S. employment data added to concerns over the economic recovery…

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