August 10, 2012

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

Unemployment Data and Storms Pushed the Oil Price Higher

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

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

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

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…
June 29, 2012

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

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

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 18, 2012

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…