Wednesday, March 24, 2010

Crude Oil Drops as Report Shows U.S. Supplies Gained More Than Predicted

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Crude oil fell after a government report showed a bigger than forecast increase in U.S. supplies and as the dollar surged to a 10 month high...

Crude Oil Daily Technical Outlook Wednesday Morning

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Crude oil's rebound failed below 83.16 and the sharp retreat dragged 4 hours MACD back below signal line. Consolidations from 83.16 migh...
Tuesday, March 23, 2010

Where is Crude Oil Headed on Wednesday?

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CNBC's Bertha Coombs discusses the day's activity in the commodities markets, and looks ahead to where oil is likely headed tomorrow...

Crude Oil Market Commentary For Tuesday Evening

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Crude oil closed higher due to a late day short covering rally on Tuesday. The high range close sets the stage for a steady to higher openin...

Phil Flynn: Jean Claude Trichet to Save the Day!

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Wild ranges and a lot of action! After it was all said and done, we basically ended up where we started. Oil prices were once again just a p...

Crude Oil Declines on Forecast for Higher U.S. Supplies, Stronger Dollar

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Crude oil fluctuated as the Standard & Poor’s 500 Index erased gains and the dollar increased against the euro. Oil climbed as much as 0...

Crude Oil Daily Technical Outlook For Tuesday

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Crude oil rebounds strongly after dipping to 78.57 and the break of 80.94 minor resistance argues that consolidation from 83.16 is possibly ...
Monday, March 22, 2010

Crude Oil Market Commentary For Monday Evening

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Crude oil closed higher due to a late day short covering rally on Monday. The high range close sets the stage for a steady to higher opening...

U.S. Government Agency Exposes Faults in Key Oil Report

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The U.S. government faces "critical" shortcomings in producing its oil inventory data, according to internal Department of Energy ...

Crude Oil Drops to Lowest Price in Almost Three Weeks as Dollar Advances

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Crude oil fluctuated as the dollar weakened, increasing the appeal of commodities as an alternative investment, and gasoline fell. Oil erase...