CRUDE OIL PRICE OUTLOOK SOURS AFTER RUSSIA SHIES AWAY FROM FURTHER OPEC SUPPLY CUTS Crude oil prices are coming under pressure during Tuesday trading after comments from Russia’s energy minister… Read more »
12 day where the price intraday has traded above and below the 200 day MA I thought perhaps we were going to get a break and run. The price of crude… Read more »
Gold and Crude Oil Talking Points: Crude oil prices didn’t make much headway Monday in Asia They did however build modestly on last week’s strong gains Gold prices were lower… Read more »
A nascent industry utilizing flared gas to power bitcoin mining units has been developing over the past year or so, in symbiosis with the oil and gas industry in North… Read more »
We are heading into a new trading week with some extreme divergence in benchmark assets. On the one hand, we have the Dow leading US indices to record highs as… Read more »
Settlement price is up $0.95 or 1.67% The price of WTI crude oil futures are settling at $57.72. That is a gain of $0.95 or 1.67%. The high price for… Read more »
The rally in Oil (CL_F) from October 3 low ($50.99) looks overlapping and corrective. This suggests the current rally is likely not a new bullish cycle. The structure of the… Read more »
Down $0.35 or -0.61% The price of WTI crude oil futures are settling at $56.77. That is down $0.35 or -0.61% The high for the day reached $57.79 while the low extended to… Read more »
US stocks appear on hold ahead of President Donald Trump’s speech before the Economic Club of New York. Markets are eagerly awaiting his latest update on trade with both the… Read more »
Down -$0.38 or -0.66% The price of WTI crude are settling at $56.86 or down -$0.38 or -0.66%. The high price reached $57.40 while the low extended to $56.25 Looking at… Read more »