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The crude oil market continues to see a lot of noisy behavior, as the market has to think about the potential slowdown economically, and of course the fact that the nations of OPEC continue to pump ...
Brent crude oil price remains under pressure as it faces a double whammy of weak demand and high supplies in the coming months. It trades at $64.65, a few points above this month’s low of $58.46. This ...
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Why June WTI Crude Oil Futures Are Tanking—And How to Play ItMRCI research has revealed that for the past 30 years, crude oil has experienced a significant seasonal low in December, and prices rallied into early May. The pattern results from refiners needing to ...
Brent crude oil price has stabilized a bit in the past two weeks as concerns about demand and supply remain. What next for ...
The light sweet crude oil market has gone back and forth during the course of the trading session on Friday, as we continue to ask questions about whether or not this bottom is actually going to hold.
The recent counter-trend rally in crude oil prices failed to reclaim the critical 20-Day MA, a key technical indicator. Resistance around the 20-Day MA during the rally was a red flag, and the bearish ...
BRS Shipbrokers said global oil trading patterns would once again shift with the US and China locked in a trade war, with the ...
While crude oil itself was spared from direct tariffs ... Like the sanctions on Russia, however, tariffs will, in all likelihood, change patterns in the global oil market but not really kill ...
Crude oil markets rode the tariff elevator up-and-down this week while demand concerns and supply increases caused prices to ...
The basing pattern continues to see a lot of back and forth, as it looks like we are going to continue to build a bit of a ...
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