 |
Louisiana Light • 4 days | 69.51 | -1.74 | -2.44% | ||
|
Bonny Light • 21 hours | 72.65 | -0.67 | -0.91% | ||
|
Opec Basket • 4 days | 74.11 | +0.36 | +0.49% | ||
|
Mars US • 4 hours | 67.29 | +0.05 | +0.07% | ||
|
Gasoline • 23 mins | 2.520 | -0.016 | -0.62% |
|
Bonny Light • 21 hours | 72.65 | -0.67 | -0.91% | ||
|
Girassol • 21 hours | 72.86 | -0.79 | -1.07% | ||
|
Opec Basket • 4 days | 74.11 | +0.36 | +0.49% |
|
Peace Sour • 20 hours | 61.18 | -1.42 | -2.27% | ||
|
Light Sour Blend • 20 hours | 62.48 | -1.42 | -2.22% | ||
|
Syncrude Sweet Premium • 20 hours | 71.43 | -1.42 | -1.95% | ||
|
Central Alberta • 20 hours | 60.78 | -1.42 | -2.28% |
|
Eagle Ford • 4 days | 63.22 | -1.61 | -2.48% | ||
|
Oklahoma Sweet • 4 days | 63.25 | -1.50 | -2.32% | ||
|
Kansas Common • 20 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 4 days | 73.05 | -1.61 | -2.16% |
These Countries Have The Lowest Inflation In The World
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Obama’s Economic Advisor: 2% Inflation Target Would Crush The Economy
The Federal Reserve’s goal to…
Finance / the Markets
Oil Market Forecast & Review 14th June 2013
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…
Is the Junior Mining Market Starting to Bottom Out?
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…
Two Themes Exciting Energy Investors: Oilfield Services & Heavy Oil Producers
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…
Oil Market Forecast & Review 7th June 2013
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…
How to Trade the Energy Markets Over the Coming Week
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…
Oil Market Forecast & Review 31st May 2013
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…
Oil Market Forecast & Review 24th May 2013
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…
BP, Shell, Statoil, Platts Raided for Price-Fixing
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.
Long Term Market Forecasts Becoming Ever More Unreliable
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…
Oil Market Forecast & Review 17th May 2013
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…
EU Raids BP and Shell Over Price-Fixing Concerns
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…
JP Morgan: A New Type of Dirty Energy
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…
What the US Dollar can Tell us about the Oil Market
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…
Short Term Oil Market Predictions from OPEC and the EIA
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…
Oil Market Forecast & Review 22nd March 2013
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.…
Oil Market Forecast & Review 15th March 2013
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…
Oil Market Forecast & Review 8th March 2013
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…
Oil Market Forecast & Review 22nd February 2013
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…
Someone is Always Making Money Somewhere
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…
Oil Market Forecast & Review 15th February 2013
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…
