 |
Louisiana Light • 3 days | 72.37 | -1.54 | -2.08% | ||
|
Bonny Light • 2 days | 73.87 | -2.50 | -3.27% | ||
|
Opec Basket • 3 days | 75.88 | +1.13 | +1.51% | ||
|
Mars US • 22 hours | 68.46 | -0.70 | -1.01% | ||
|
Gasoline • 22 hours | 2.589 | -0.017 | -0.67% |
|
Bonny Light • 2 days | 73.87 | -2.50 | -3.27% | ||
|
Girassol • 2 days | 74.31 | -2.28 | -2.98% | ||
|
Opec Basket • 3 days | 75.88 | +1.13 | +1.51% |
|
Peace Sour • 2 days | 64.21 | -0.94 | -1.44% | ||
|
Light Sour Blend • 2 days | 65.51 | -0.94 | -1.41% | ||
|
Syncrude Sweet Premium • 2 days | 74.46 | -0.94 | -1.25% | ||
|
Central Alberta • 2 days | 63.81 | -0.94 | -1.45% |
|
Eagle Ford • 3 days | 66.44 | -0.94 | -1.40% | ||
|
Oklahoma Sweet • 3 days | 66.50 | -1.25 | -1.85% | ||
|
Kansas Common • 25 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 3 days | 76.62 | -0.94 | -1.21% |
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Finance / the Markets
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…
Oil Market Forecast & Review 16th August 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…
Oil Market Forecast & Review 9th August 2013
September crude oil futures traded sharply lower last week as long liquidation continued following the previous week’s closing price reversal top on the daily chart. The August 8 break took…
How to Play the Growing Trend in MLP Spinoffs
There’s been a recent mania in energy to spin off assets as master limited partnerships. You’ve seen it in practically every refinery, but other E+P energy companies have also repackaged…
Oil Market Forecast & Review 2nd August 2013
A combination of events helped drive September crude oil futures higher this week, setting up a potential resumption of the uptrend which came to a halt two-weeks ago. Supply issues…
How to Put an End to Gas Price Spikes
The United States is producing almost 7 million barrels of oil a day, more than it has in a decade and a half. We also now export refined gasoline, something…
Oil Market Forecast & Review 26th July 2013
Overbought conditions continued to pressure September crude oil futures last week. Prices seemed poised to finish the week sharply lower as speculators pared positions while booking profits after a spectacular…
Energy Price Rigging Lands Record Fine for Barclays
Barclays (LON:BARC) has been fined $453 million and four of the bank’s traders have been separately fined $18 million for energy price rigging in the Western US between 2006 and 2008.…
Oil Market Forecast & Review 12th July 2013
September crude oil futures continued to soar this week, proving that last week’s huge rally was no fluke. The market spiked up early in the week before running into fresh…
Oil Market Forecast & Review 5th July 2013
August crude oil futures regained the long-term resistance line of a triangle chart pattern on July 3, putting it in a position to close higher for the week. Shortly after…
Oil Market Forecast & Review 21st June 2013
August crude oil continued its sharp rally which began two weeks ago when the market successfully held a major pivot zone at $94.32 to $93.13. The upside momentum generated by…
Syrian War Causes Oil Market Jitters
Crude oil prices rebounded to above the $100 per barrel mark last week on concerns the Syrian crises may be entering a new international phase. The U.S. government said it…
Why is Oil So Strong in the Face of Almost Universally Weakening Markets?
The markets have looked a lot shakier in the past two weeks and that certainly applies to more than the bond and equity markets. As treasury rates have risen and…
