Spot crude oil prices have peaked above the psychological barrier of $100 and have extended gains following the release of stronger than expected industrial production numbers and inflationary data that showed prices in the US declined more than forecasted. Crude oil prices have been on a tear since the end of October, rising over 33% [...] [...more]
With the futures topping out today at $99.69 and on a steady march since early October from the $75 low. You have to wonder? WHY? We know the economic news has not been good. There have been endless concerns from Greece to Italy to other points in Europe and the U.S. If we’re anticipating the [...] [...more]
Crude oil continues to trade in-line with improvements/declines in risk sentiment and the global economy. Yesterday’s release of Chinese PMI data that is so close to the 50 boom/bust level for the survey is one reminder of the headwinds crude oil prices face. With the major engine of global economic growth signaling a slowdown it [...] [...more]
Crude Oil prices held steady Wednesday as sentiment appeared to favor a mild uptick in global stocks following reports of monetary moves being made by several central banks. Data releases out of Europe and the US last week are beginning to generate some risk taking after statements by the Federal Reserve began to cause investors [...] [...more]
Crude Oil prices held steady Monday as sentiment appeared to favor a mild downtick in global stocks following policies of monetary stagnation being executed by several central banks last week. Data releases out of Europe and the US are still driving many investors back into safe-haven assets as many reports suggested a surprise downtick in [...] [...more]
Crude Oil prices gained mild support Thursday as sentiment appeared to favor an upward turn brought about by a strong downtick in US stockpiles. The weekly report revealed yesterday that the US has lost roughly 4.7 million barrels from its reserves. This news has so far countered the notion of a sinking price of oil [...] [...more]
Crude oil benchmarks were first introduced in the 1980s, giving a standard by which other crude oil can be rated and valued. All oil is not created equal, and the quality of oil can be gauged by comparing it to the standard benchmarks, sometimes called oil markers. The quality of oil is significant because it [...] [...more]
Crude Oil prices gained mild support Wednesday as sentiment appeared to favor an uptick brought about by a mild uptick in US stockpiles. The weekly report revealed yesterday that the US has added roughly 1.3 million barrels to its reserves. This news has so far countered the notion of a sinking price of oil brought [...] [...more]
Crude Oil prices held steady Monday as sentiment appeared to favor a mild downtick in global stocks following policies of monetary stagnation being executed by several central banks last week. Data releases out of Europe and the US are still driving many investors back into safe-haven assets as many reports suggested a surprise downtick in [...] [...more]
If you are looking seriously at trading crude oil futures, then there are a few things that you should know. Firstly, you want to be sure that you can deal with the level of risk that they present. Certainly, associated with the risk is the possibility of large profits, but a commodity that can make [...] [...more]
Crude oil prices dropped below $75 per barrel to its lowest level in more than a year, as fears of another recession grew. An ongoing worry for investors in recent months has been Greece’s debt problems and their impact on the rest of Europe. Without more financial aid, Greece will start running out of money [...] [...more]
Here’s a video that you will enjoy. Our partners over at NetPicks have shared a nice, short video detailing how to trade the Crude Oil Inventory, released each week. If you aren’t currently capitalizing on the market movement that the Inventory release causes, this video is a must see. Check out this clip, and if [...] [...more]