Used car prices have recorded…
The semiconductor foundry industry is…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…