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Chevron To Buy Anadarko In $33B Deal

Chevron To Buy Anadarko In $33B Deal

Chevron announced that it has…

Finance / the Markets

Oil Market Forecast & Review 18th October 2013

Oil Market Forecast & Review 18th October 2013

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…

Oil Market Forecast & Review 11th October 2013

Oil Market Forecast & Review 11th October 2013

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…

Oil Market Forecast & Review 4th October 2013

Oil Market Forecast & Review 4th October 2013

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…

Oil Market Forecast & Review 27th September 2013

Oil Market Forecast & Review 27th September 2013

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…

Iran's Rouhani May Be Driving Oil Markets Now

Iran's Rouhani May Be Driving Oil Markets Now

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,…

Oil Market Forecast & Review 20th September 2013

Oil Market Forecast & Review 20th September 2013

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…

Oil Market Forecast & Review 16th September 2013

Oil Market Forecast & Review 16th September 2013

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…

Why the Military Matters in Energy Markets

Why the Military Matters in Energy Markets

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,…

More to Oil Markets than Libya and Syria

More to Oil Markets than Libya and Syria

Sep 06, 2013 at 17:51 | Daniel J. Graeber

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

Oil Market Forecast & Review 6th September 2013

Sep 06, 2013 at 16:51 | Jim Hyerczyk

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…

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