Posts Tagged ‘Crude’
WTI crude oil suffered an unprecedented fall last week when it was dropped like it was hot from a high of $114.81 per barrel to a low of $94.65 in a matter of days. Since then oil prices have rebounded again. However, it appears that oil could bound for another dip [...]
By Justice Litle, Editorial Director, Taipan Publishing Group, taipanpublishinggroup.com
An arcane theory known as “the J curve” explains why Saudi Arabia could be the next domino to fall.
If someone presses you as to why the Middle East will explode — and why crude oil could reach $200 a barrel — tell them about the J [...]
By Jared Levy, Editor, Smart Investing Daily, taipanpublishinggroup.com
This has been a turbulent week on the geopolitical front, triggering waves in the stock market and sending the price of crude oil through the roof. While the stock market corrects itself (as we anticipated), the price of crude oil seems to be creeping ever higher, [...]
By Russell Glaser
The rise in spot crude oil prices may have technical implications as this week’s high coincides with a key Fibonacci level.
Following the collapse of crude oil prices over the second half of 2008 where the price fell from $147 to $33, prices have steadily climbed back, albeit slowly. This week’s rally [...]
Here it is – evidence that surging crude oil prices in the face of Libyan supply worries is too much for the global economy to handle:
Copper Futures, daily: who pulled the plug? Surging crude oil apparently is now a threat to global recovery. Not too surprising as the $100 per barrel threshold has been the [...]
Let us look at crude oil today. In fact, a whole lot of people are probably looking at crude oil today. That is because another outbreak of riots in the Middle East is influencing the price of oil. It was Tunisia, then Egypt, then Iran, then Bahrain, and now it is Libya.
Libya is a member [...]
By Jared Levy, Editor, Smart Investing Daily, taipanpublishinggroup.com
Yes, it’s true. I know what you are thinking… that I’m probably going to show you some fancy stock or futures contract strategy to offset higher crude oil prices — but it might be simpler than that. The question is whether it’s worth it or [...]
By Anton Eljwizat
Crude oil prices have recorded much bullish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, the daily chart’s Stochastic Slow signals that a bearish reversal is imminent. A downward trend today is also supported by relative Strength [...]
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There’s no question about it, 2010 has been pretty difficult for most traders in the crude oil market. This year has produced no discernible, lasting trends in this market. The trends it has produced have lasted little more than just 3 or 4 [...]
July 26, 2010
By Elliott Wave International
If “fundamentals” drive trend changes in financial markets, then shouldn’t the same factors have consistent effects on [...]
