Wednesday, April 21, 2010

New Video: Has Crude Oil Topped Out for the Year?

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There is no doubt about it, crude oil has been very choppy. There are two camps involved in the crude oil market: one is bullish and the oth...

Crude Oil Daily Technical Outlook Wednesday

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Crude oil's correction from 87.09 might have completed at 80.53 already, just ahead of 38.2% retracement of 69.50 to 87.09 at 80.37. Int...
Tuesday, April 20, 2010

Clearly, OPEC Lost Control Of Oil In March

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Non OPEC global oil supply increased in March and is now expected to average 51.53 million barrels per day (mb/d) for 2010, which is a 0.50 ...

Where is Crude Oil Headed on Wednesday?

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CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks ahead to where oil is likely headed tomorr...

Crude Oil Market Commentary For Tuesday Evening

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Crude oil closed up $0.81 at $83.94 a barrel today. Prices closed near mid-range today and saw a corrective bounce from recent strong sellin...

Phil Flynn: Goldman Gets Rolled

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Oil prices are beginning to shake off the fall-out from the Goldman Sachs fraud allegations yet at the same time, the market is worried abou...

Crude Oil Daily Technical Outlook For Tuesday

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With 4 hours MACD crossed above signal line, a temporary low is in place at 80.53, just ahead of 38.2% retracement of 69.50 to 87.09 at 80.3...
Monday, April 19, 2010

Crude Oil Climbs From a Three Week Low on Forecast of U.S. Stockpile Drop

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Oil rose from a three week low on speculation a report tomorrow will show crude stockpiles in the U.S., the world’s biggest energy consumer,...

Dan Dicker: Oil Down....Blame Goldman

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Dan Dicker explains how Goldman Sachs fraud charges have sent oil speculators running for cover. Get your favorite symbols' Trend Analys...

Crude Oil Market Commentary For Monday Evening

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Crude oil closed down $1.60 at $81.64 a barrel today. Prices closed near mid-range today and hit a fresh three week low. No serious chart da...