What’s Happening in Energy

ENERGY NEWS

September 14, 2012
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QE3 Impacted USD and Caused WTI to Spi...

WTI Crude Oil price is currently trading above 200 Day SMA, helped by the QE3 announcement. FOMC statement on Thursday…
September 7, 2012
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Crude Oil Consolidates Further...

WTI Crude Oil price is still consolidating in a sideways wedge formation. There is significant resistance overhead at the current…
August 31, 2012
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WTI Crude Daily Technical Analysis...

WTI Crude daily timeframe price action is showing a rising wedge pattern. The price action could not break above 200…
August 17, 2012
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WTI Crude Retesting 200 Day SMA...

WTI Crude September contract rose to $96.65 and it is currently retesting 200 Day SMA. If the price action breaks…
August 10, 2012
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Crude Oil Advances for a Second Week...

Crude Oil rose on sentiment that economic improvement is gathering pace in U.S. WTI Crude Oil, September contract traded $93.51…
August 3, 2012
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Unemployment Data and Storms Pushed th...

WTI Crude Oil futures rose on Friday 03rd August after Non Farm Payroll data release. Report showed that payrolls in…
July 27, 2012
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Oil Spikes Higher on ECB Intervention ...

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…