 |
Louisiana Light • 2 days | 68.00 | +0.96 | +1.43% | ||
|
Bonny Light • 2 days | 69.12 | -2.85 | -3.96% | ||
|
Opec Basket • 2 days | 70.03 | -1.60 | -2.23% | ||
|
Mars US • 16 hours | 64.90 | +0.53 | +0.82% | ||
|
Gasoline • 10 mins | 1.954 | -0.014 | -0.71% |
|
Bonny Light • 2 days | 69.12 | -2.85 | -3.96% | ||
|
Girassol • 2 days | 70.07 | -1.50 | -2.10% | ||
|
Opec Basket • 2 days | 70.03 | -1.60 | -2.23% |
|
Peace Sour • 13 hours | 57.50 | +0.93 | +1.64% | ||
|
Light Sour Blend • 13 hours | 59.80 | -0.27 | -0.45% | ||
|
Syncrude Sweet Premium • 13 hours | 60.80 | +0.93 | +1.55% | ||
|
Central Alberta • 13 hours | 58.00 | +0.93 | +1.63% |
|
Eagle Ford • 2 days | 64.40 | +0.93 | +1.47% | ||
|
Oklahoma Sweet • 2 days | 63.00 | +1.00 | +1.61% | ||
|
Kansas Common • 2 days | 56.75 | +1.00 | +1.79% | ||
|
Buena Vista • 2 days | 71.24 | +0.93 | +1.32% |
Breaking News:
3 Chip Stocks To Watch As The Semiconductor Shortage Worsens
The global semiconductor shortage is…
Auto Giants Slash Production As Chip Shortage Worsens
The auto industry is cutting…
Finance / the Markets
Oil Market Forecast & Review 8th November 2013
December crude oil futures rose this week, driven higher by oversold technical conditions, uncertainty over the Fed’s timing of its plans to taper monetary stimulus and a smaller-than expected rise…
Oil Market Forecast & Review 1st November 2013
A slew of weak economic data last week and a stronger U.S. Dollar helped pressure December crude oil futures the week-ending November 1. Traders read the economic data as a…
Taking Advantage of Temporary Weakness in the Oil Market
Oil has been headed down, or at least our domestic benchmark has shown continuing weakness over the last five days. Our investment philosophy has been to concentrate on the domestic…
Oil Market Forecast & Review 25th October 2013
After several weeks of consolidation, December crude oil futures broke sharply, reflecting the perception that a slowing economy will lead to a drop in demand for oil. The…
Oil Market Forecast & Review 18th October 2013
After the U.S. government shutdown and threat of a Treasury default held crude oil market participants hostage for half of October, oil speculators finally felt confident enough to test the…
Oil Market Forecast & Review 11th October 2013
December Crude Oil finished flat for the week after posting a potentially bullish closing price reversal bottom last week. Traders failed to confirm the chart pattern because of the indecision…
Oil Market Forecast & Review 4th October 2013
The partial shutdown of the U.S. government this week helped drive crude oil prices lower as investors assessed the possible negative impact of this ordeal on the U.S. economy. Expectations…
Oil Market Forecast & Review 27th September 2013
Speculators continued to dump crude oil last week. The last of the longs finally realized that an attack on Syria by the U.S. was not going to happen. This shifted…
Iran's Rouhani May Be Driving Oil Markets Now
Crude oil prices started the week on the decline ahead of this week's summit at the U.N. General Assembly. At center stage this week will be Iranian President Hassan Rouhani,…
Oil Market Forecast & Review 20th September 2013
November Crude Oil futures traded lower this week, but the market remained inside the broad $100.80 to $111.34 range. Several times this week, the market straddled a key retracement zone…
Oil Market Forecast & Review 16th September 2013
Although the chart pattern suggested October Crude Oil was set up for the start of a substantial correction, the futures contract rebounded quickly after a two-week setback and is now…
Why the Military Matters in Energy Markets
NATO Secretary-General Anders Fogh Rasmussen said energy security isn't necessarily a call to arms for the alliance in a globalized world. Crude oil markets reacted strongly to crises in Egypt,…
More to Oil Markets than Libya and Syria
Sabotage and theft from oil producing regions in Nigeria has left a black mark on the nation's economy. Oil production is down more than 7 percent this year, bringing the…
Oil Market Forecast & Review 6th September 2013
October Crude Oil futures traded slightly lower on Thursday because of a stronger dollar, but bearish traders were unable to break the market because of concerns over an impending invasion…
How To Trade The Situation In Syria
The phone’s ringing off the hook in the last week of a languid summer. It’s CNBC, Fox and even Al Jazeera, all looking for insight from me into how the…
Oil Market Forecast & Review 30th August 2013
Speculative buyers drove October Crude Oil futures higher this week following reports of an imminent attack on Syria by the United States. On August 27, headline news across the world…
How to Trade the Ongoing Events in Syria
We have a great report lined up for you tomorrow, but before then I wanted to let you know that tomorrow’s premium letter is a do not miss.For…
Time for Investors to Hunker Down
It’s time to step out from my ‘normal’ role as the ‘energy expert’ and make a comment or two on the markets in general, just as a professional trader who’s…
Oil Market Forecast & Review 23rd August 2013
October Crude Oil futures failed to follow-through to the upside after last week’s surge took out the recent top at $107.85. The subsequent sell-off suggests overbought conditions and a possible…
How to Play the Coming Downturn
The latest market downturn has been brewing, in my mind, for the last two months. And we’ve been a bit too sanguine about the prospect, considering that the gains in…
