Fundamental and technical analyst with 30 years experience.
U.S. West Texas Intermediate crude oil is trading lower early Friday, putting the market in a position to close lower for the week. There is…
U.S. West Texas Intermediate crude oil futures spiked to their highest level since late 2014 early this week before backing away on profit-taking. The long-term…
U.S. West Texas Intermediate is in a position to post a strong gain this week. The short-term fundamentals continue to be supportive as bullish traders…
U.S. West Texas Intermediate crude oil futures are in a position to close lower for the week. Some of the selling pressure was generated by…
U.S. West Texas Intermediate and international-benchmark Brent crude oil posted a two-sided trade this week before closing lower. This week’s trade pitted the bullish traders,…
Only a week ago, crude oil seemed poised to move lower. At that time, hedge fund liquidation and rising U.S. production were driving the price…
The major theme this week has been the potential for rising supply to overwhelm the expected gains in crude demand for 2018. This notion was…
May West Texas Intermediate crude oil futures are in a position to finish lower for a second week. The fundamentals are bearish and the weekly…
April West Texas Intermediate crude oil futures are set to close about 4 percent lower this week, its first weekly loss since the week-ending February…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures traded in a sideways-to-lower range early in the week, but momentum shifted on Thursday, driving…
April West Texas Intermediate futures rebounded early this week after sellers failed to take out the previous week’s low. Last week, the market finished with…
Crude oil futures are being hit hard the week-ending February 9. Both U.S. West Texas Intermediate and international favorite Brent crude oil futures have trended…
U.S. West Texas Intermediate crude oil futures posted a volatile two-sided trade this week before moving to within striking distance of its three-year high on…
March West Texas Intermediate Crude Oil March U.S. West Texas Intermediate crude oil futures continued to climb this week, aided by another drop in U.S.…
Despite crossing to the strong side of a long-term 50% level earlier in the week to extend the rally, the price action late in the…
U.S. West Texas Intermediate crude oil surged to the upside on Monday, setting a bullish tone for the week. The catalysts behind the price action…
U.S. West Texas Intermediate crude oil finished 2017 higher in what can best be described as a volatile two-sided trade. After trending lower from January…
Volatility has been low this week with market liquidity drying up ahead of the Christmas and New Year breaks, but the U.S. West Texas Intermediate…
Volatility dominated the crude oil futures markets this week as traders were hit with both potentially bullish and potentially bearish news. Traders reacted according, first…
January West Texas Intermediate crude oil futures are in a position to close stronger on Friday, but the move isn’t expected to be enough to…