News

November 16, 2012
news-pic-042

Crude Oil Rises on Middle Eastern Tensions

Crude Oil prices are firmer amid Middle Eastern concerns. Potential of further Israel conflict escalation and it’s effect in the…
November 9, 2012
news-pic-041

Crude Rebounding Slightly

WTI Crude Daily timeframe price action rebounded slightly higher off last week’s lows. Support on the downside is located at…
November 2, 2012
news-pic-040

Crude Oil Trades Lower on USD Strength

S&P pulled back after initial rally on Friday 02nd November, USD Rallies, Gold & WTI Crude oil selloff , EUR…
October 26, 2012
news-pic-039

Hurricane Sandy Impacted Crude Oil Trading

The markets are well supplied and the inventories are high, keeping the prices in a range. However, super storm Sandy…
October 19, 2012
news-pic-038

Brent Rebounding After Heavy Losses

Brent Crude for December delivery rebounded to 110.71 on Monday after heavy losses and selloff on Friday last week. WTI…
October 12, 2012
news-pic-037

Brent Crude Consolidation Above 200 Day SMA

Brent Crude November contract dropped 0.77 cents to $113.85 a barrel. The current contract is due for rollover tomorrow. More…
October 5, 2012
news-pic-036

Brent Crude Price Declines as European Ministers Meet

Brent Crude Oil, Daily timeframe price action confirmed resistance on Friday 05th October at 112.02 level which is the confluence…
September 28, 2012
news-pic-035

Brent Crude Back Above 200 Day Moving Average

Brent Crude daily time frame price action is currently retesting 20 period SMA resistance at 112.40 level. The price bounced…
September 21, 2012
news-pic-034

Crude Oil Corrective Pullback

WTI Crude price action created an aggressive pull-back to 90.96 levels from the current high of 100.42. On Monday last…