Inflation has been the story…
The Federal Reserve’s goal to…
After a successful test of a short-term retracement zone at $91.88 to $90.56, August Crude Oil futures appear poised to breakout over a downtrend line that has been providing resistance…
While our market continues to suffer, I have been in a constant search for the best values amongst our slaughtered junior mining shares...The good news is there is…
Big Investing Themes for Kootenay Capital fund manager Chris Theal right now is oilfield service companies (OFS), and heavy oil producers.Driving these two themes are:1. Liquid…
July crude oil surged last week after finding support slightly below a 50% price level at $91.26. The powerful move to the upside has put the market within striking distance…
A few quick blog-type posts today to give an overview of the energy picture and how it should be traded in the coming week:1 - The word from…
There wasn’t much movement in July Crude Oil this past week. The market basically retraced about 75% of the previous week’s range before selling off early in the session on…
Although U.S. crude oil supplies fell 300,000 barrels for the week-ending May 17, according to an Energy Information Administration (EIA) report, traders seemed to be more focused on outside markets…
The European Union Commission has raided the offices of Royal Dutch Shell, Statoil and Platts over energy price-fixing concerns in an investigation that could take years to conclude.
News of the future was, in my youth, something that one found by crossing the palm of a lady in a dark tent with a piece or two of silver…
After falling from $97.38 on May 6 to $92.40 on May 15, July crude oil rebounded on May 16 to regain almost 50% of its recent break. This turnaround was…
Following on the Libor and Euribor interest rate fixing scandals, the European Commission (EC, the executive arm of the EU) has just on Tuesday this week raided the offices of…
As US power plants lose money, a bit of market manipulation goes a long way … ask JPMorgan Chase.The banking giant is accused of manipulating energy prices in…
Many investors study supply and demand statistics to figure out where they think the oil price is going.But by far, the biggest factor that determines the oil price…
Just this month Saudi Aramco announced that production had begun at their Manifa oilfield, and by July would be supplying up to 500 kbd to the new refinery…
May crude oil futures surged early last week, but the rally stalled when the market reached the lower level of our target zone at $94.44. The actual high was $94.47.…
Oversold conditions on the daily chart and a strengthening economy helped drive May crude oil futures higher last week. The move through $92.50 confirmed the previous week’s closing price reversal…
After a five-week sell-off, April Crude Oil is showing signs of a potential short-term bottom on the weekly chart. Earlier this week it reached a low of $89.33 before a…
In a move that has been anticipated for several weeks, Nearby crude oil futures plunged sharply lower the week-ending February 22 after support for higher-risks assets fell across the board…
Regardless of whether a market is moving up or down, there is always someone making money somewhere. There are various examples every day – be it a billionaire selling a…
After reaching a top at $98.24 on January 30, nearby crude oil futures weakened in what appeared to chart-watchers as the start of a short-term correction into a 50% retracement…