Originally published by AxiTrader Welcome to Crude Oil Today, my brief look at what's happening in oil markets and what it might mean for prices. As ever, feedback welcome QUICK SUMMARY The...
by Barani Krishnan Energy traders and investors will be warily watching US crude this week to see how far below $70 per barrel oil might fall and whether it recovers, a phenomenon likely after...
Originally published by AxiTrader Welcome to Crude Oil Today, my brief look at what's happening in oil markets and what it might mean for prices. As ever, feedback welcome Oil was higher initially...
Cashaa Founder and CEO Kumar Gaurav shares his insights on blockchain alongside why the technology is disrupting and disintermediating the status quo in so many unique ways.
Despite decisions by Russia and Saudi Arabia to quickly ramp up production, oil markets continue to be overwhelmed by news of worker strikes and production outages. That, of course, is bullish for the...
by Barani Krishnan Oil will likely remain the only commodity that “truly matters” to investors and traders in coming months as the Iranian sanctions crisis keeps crude prices on the boil,...
U.S. equity markets are closed for today's 4th of July holiday, and trade, including in the oil markets, may be slow on lower volume for the remainder of the week. Nevertheless, oil prices have been...
Originally published by Guppytraders.com Gold has developed a clear downside trend break away from the strong resistance level near $1364. Many gold traders were waiting for a breakout above the...
The production increase agreement which came out of last Friday's Vienna meeting of OPEC-non OPEC oil producing countries was largely expected, though the modesty of the increase, beginning next...
The debate regarding which way oil is headed next rages on. The commodity's fundamentals right now are murky. Oil could fall if OPEC's production cap is reversed later this week in Vienna and...
Skepticism was probably the most common response to President Trump’s decision last month to reinstate U.S. sanctions on the Iranian oil industry. While Secretary of State Mike Pompeo said that...
After oil prices took a nosedive last week on news that OPEC and Russia were moving towards increasing production by as much as 1 million barrels per day, the big oil producers now appear to be...
Originally published by Guppytraders.com The NYMEX oil price has pulled back sharply from $72 to around $66. This pullback takes place within the environment of a well established uptrend. The chart...
Though it's currently being sold off, the price of oil is almost certain to rebound, likely north of $72 and probably even higher. The fundamental obstacle until yesterday was the concern that OPEC...
Oil prices fell last week and have continued to fall this week after Saudi Arabia and Russia announced that OPEC and its non-OPEC partners (together termed OPEC+ hereon out) would consider increasing...
Around this past new year, oil prices were climbing higher and many analysts predicted that a rush of new production from U.S. shale oil fields would, over time, put a damper on prices Nearly six...
