News

July 27, 2012
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Oil Spikes Higher on ECB Intervention Comments

Crude Oil Traders reacted to Mario Draghi comments that he will do whatever it takes to support Eur. ECB’s Presidents…
July 20, 2012
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Oil Price Drop 3.83%

Crude Oil Price dropped to $89.00 a barrel on Monday from the highs of $92.90 on Thursday last week. Traders…
July 13, 2012
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WTI Oil Price Pullback

Crude Oil price action retraced after retesting 50 Day MA at 87.52. Traders reacted to the news that Abu Dhabi…
July 6, 2012
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Natural Gas Pullback

Last week trading close on Friday 06th July witnessed the biggest pullback in commodity price in four weeks. Nat Gas…
June 29, 2012
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Crude Oil Explosive Price Action on Friday 29th June 2012

Crude Oil price action projects explosive reaction to the start of European Union sanctions on Iran. Iran is the second…
June 22, 2012
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Crude Oil Bearish Price Action

Crude Oil technical picture is showing a loss of support at 81.90 and Bearish breakdown outside consolidation pennant range. Traders…
June 8, 2012
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Crude Oil Rebounding on Spanish Bailout

Long term support trend line retest for WTI Oil on the weekly time frame. Current support is at 81.14 which…
May 31, 2012
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Stock Drop on Bad Unemployment Data

NFP report had actual reading of 69K last Friday.Most economists had expectation of 120K-150K. It was the worst reading since…
May 18, 2012
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Oil Rises First Time in Seven Days

Oil rose for the first time in seven days in New York after China pledged to boost the nation’s economy…