Finance / the Markets

Dec 13, 2013 at 14:04 | Jim Hyerczyk

February Crude Oil futures rallied for a second consecutive week, however, the weak follow-through to the upside indicates that the move was most likely triggered by short-covering rather than new…

Dec 09, 2013 at 17:35 | Joao Peixe

Brazil’s state-run Petrobras oil company hailed a small victory last week when the government allowed it to raise fuel prices, but this was tempered by a sharp drop in share…

Dec 06, 2013 at 15:40 | Jim Hyerczyk

The technical picture for January Crude Highly has drastically improved since we wrote last week when the market was pressing $91.77. At that time, downside momentum and selling pressure were…

Dec 04, 2013 at 17:37 | Claude Salhani

There is something awfully similar between black crude oil and black magic; both are equally incomprehensible to the uninitiated and only insiders understand how it really works. How…

Nov 29, 2013 at 16:00 | Jim Hyerczyk

The technical picture for January Crude Oil futures turned gloomy during this holiday week. After three weeks of consolidation, the inability to garner enough upside momentum to drive the market…

Nov 22, 2013 at 17:23 | Dan Dicker

Happy days are here again:  The outpouring of joy at seeing gas prices marginally lower coming into Thanksgiving this year has the oil watchers all aglow – but I am…

Nov 22, 2013 at 17:16 | Jim Hyerczyk

After several weeks of consolidation, January crude oil closed in a position to breakout to the upside, as talks between Iran and six other nations to curb Tehran’s nuclear program…

Nov 15, 2013 at 16:06 | Jim Hyerczyk

January crude oil futures reached a five-month low this week, however, oversold conditions and technical support points stopped the slide, putting the market in a position to post a potentially…

Nov 08, 2013 at 17:01 | Jim Hyerczyk

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…

Nov 01, 2013 at 17:14 | Jim Hyerczyk

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…

Oct 25, 2013 at 16:16 | Dan Dicker

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…

Oct 25, 2013 at 16:08 | Jim Hyerczyk

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…

Oct 18, 2013 at 16:47 | Jim Hyerczyk

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…

Oct 11, 2013 at 16:13 | Jim Hyerczyk

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…

Oct 04, 2013 at 17:13 | Jim Hyerczyk

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…

Sep 27, 2013 at 20:26 | Jim Hyerczyk

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…

Sep 23, 2013 at 19:15 | Daniel J. Graeber

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,…

Sep 20, 2013 at 17:13 | Jim Hyerczyk

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…

Sep 13, 2013 at 15:47 | Jim Hyerczyk

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…

Sep 09, 2013 at 17:53 | Daniel J. Graeber

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,…