Category: Crude Oil
The analysis published under this category are as follows.
Thursday, November 05, 2009
Crude Oil Pauses Before the Next Move Up / Commodities / Crude Oil
By: Mike_Paulenoff
If a new, powerful upleg in the US Oil Fund ETF (NYSE: USO) started at the 9/25 low at 33.45, the pattern carved out since exhibits a structure that is incomplete to the upside. Although the major upside thrust occurred into the Oct 21 high at 41.92, the 9-trading session pullback into Tuesday’s pivot low at 39.13 represents the conclusion of a correction within the larger incomplete upleg that projects to 43.00-44.00 in the upcoming hours/days.
Monday, November 02, 2009
Are Higher Prices the ‘New Normal’ for Crude Oil? / Commodities / Crude Oil
By: Frank_Holmes
Oil prices have bounced more than 150 percent off of December 2008 lows but inventory levels remain at historically high levels despite a healing global economy.
However, Goldman Sachs says robust 2010 oil demand growth will deplete these inventories over the next 12-to-18 months and diminishing production rates in key areas around the world will create a supply/demand imbalance.
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Wednesday, October 28, 2009
Rising Crude Oil Price Profit Plays / Commodities / Crude Oil
By: Money_Morning
Martin Hutchinson writes: Crude oil is knocking on the door of $80 a barrel. That’s not what experts have been expecting. At the start of the year, when oil prices were below $40, these experts predicted prices would stay there, or even decline a bit.
Sunday, October 25, 2009
Realistic Shot at Making 200% in the Canadian Oil Sands / Commodities / Crude Oil
By: DailyWealth
Despite what most people believe, investing in oil is actually simple, easy, and capable of building a lifetime of wealth.
All you need is this four-step plan: 1) Buy an established, well-run oil producer like ExxonMobil or ConocoPhillips. 2) Hold it for years and collect dividends. 3) Always reinvest those dividends. 4) Get rich.
Friday, October 23, 2009
Parameters in Equities, Crude Oil / Commodities / Crude Oil
By: Ashraf_Laidi
Last week's oil price break above $75 was an essential catalyst in accelerating the pace of USD selling beyond $1.50 in EURUSD, 0.93 in AUDUSD, and 1.03 in USDCAD. Technically, the next oil barrier emerges at $82.00 (100-week MA), a break of which would extend the rally towards $89.90. Coincidently, US equity indices also face their next resistance at the 100-week MA (1,100 for S&P and 10,209 for the Dow). But a more important landmark for the S&P500 stands at 1,121, which marks the 50% retracement of the decline from the October 2007 high to the March 2009 low.
Friday, October 23, 2009
Crude Oil Medium Term Uptrend in Re-established / Commodities / Crude Oil
By: Seven_Days_Ahead
S/term strength in Brent Crude Oil has put former bears firmly on the sidelines, with new 2009 highs recently seen. Any pullbacks are now likely to be temporary ahead of further upside action.
Wednesday, October 21, 2009
Another Important Market Has Given a Clear Buying Signal … / Commodities / Crude Oil
By: Claus_Vogt
During the past six weeks gold has broken above two very important resistance lines thus giving clear buy signals. And I presented several more arguments calling for much higher gold prices in my Money and Markets columns of September 9 and October 14.
Monday, October 19, 2009
Gold Supported by Crude Oil at Yearly High and USD Near Record Lows / Commodities / Crude Oil
By: GoldCore
Gold is currently trading at $1,055.60/oz. With oil reaching a new high for the year above $79 a barrel, and the Federal Reserve signaling interest rates will stay near record lows for the foreseeable future, the beleaguered greenback fell to a 14-month low on the dollar index. The poor jobs number on Friday left lingering doubts regarding the sustainability of the recovery and this also supported gold.
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Saturday, October 17, 2009
Where's Crude Oil Going Next? Boom or Bust / Commodities / Crude Oil
By: Oakshire_Financial
Everyone's been complaining about the cost of living as the economic crunch really takes hold. Money's getting tighter, everything's getting more expensive and the government's "inflation" numbers don't seem to be totally accurate or honest.
But fortunately for our pocketbooks, oil hasn't yet gone on the sort of giddy rise we've seen in the stock market (and gold too, for that matter).
Saturday, October 17, 2009
Will Crude Oil be Prices in Currencies Other than the U.S. Dollar? / Commodities / Crude Oil
By: Julian_DW_Phillips
We sent you this Alert on the 6th October, based on a report from a leading British newspaper, the "Independent": - Further to our Alert of the 20th August 2009 we have just received newspaper news [we need to hear this from the States involved first before it is accepted] that we have been forecasting for some years: -
Friday, October 16, 2009
Peak Oil, The Truth About Energy / Commodities / Crude Oil
By: Puru_Saxena
After oscillating within a trading range for several weeks, the price of crude oil has recently broken out to a new recovery high. Now, you will recall that we have been firm believers of ‘Peak Oil’ since 2003 and we were expecting this bullish resolution.
Look. Sceptics can say what they want; it does not change the fact that our world is struggling to maintain daily flow-rates. Whether you agree with us or not, the energy reality is that the supply of conventional crude oil is very close to its peak and no other fuel source can fix the problem.
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Wednesday, October 14, 2009
Crude Oil Forecast For Winter 2009 / Commodities / Crude Oil
By: INO
I've had a number of requests from MarketClub members to produce another video on crude oil. Part of that may have come from the crude oil alert that we put on our blog on October 12.
What is interesting about crude oil is the fact that seasonally, it should be going down. However, the market appears to be doing just the opposite. We have written about this before and when something is supposed to happen and the opposite occurs, it's time to pay attention.
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Tuesday, October 13, 2009
Crude Oil BubbleOmics $75 Fair Price, Targets Rally to $90 / Commodities / Crude Oil
By: Andrew_Butter
A bubble is when prices go unnaturally high for a while and then they pop; what happens next is predictable (http://www.marketoracle.co.uk/Article12114.html). The recent dynamics of the oil price has followed a classic pattern:
Wednesday, October 07, 2009
Crude Oil Refuses to give up on $70 / Commodities / Crude Oil
By: LiveCharts
Regardless of what many economists and analysts have said about the supply and demand reality of oil, the price of a barrel continues to hover around and just over the $70 mark. In noon time European trade on the New York Mercantile Exchange Wednesday (October 7th), benchmark crude for November delivery trades at $71.20, after settling at $70.88 on Tuesday.
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Monday, October 05, 2009
Betting on Commodities, Especially Crude Oil / Commodities / Crude Oil
By: James_Quinn
In 2008, prices of oil, natural gas, gold, silver, copper, corn, wheat, and most other commodities reached multi-year, and in some cases multi-decade, highs. They’ve fallen sharply since then, but commodities aren’t going out of business. Another peak is coming, and it will be far higher, especially for oil.
Thursday, October 01, 2009
Crude Oil, Where is it all going to come from? / Commodities / Crude Oil
By: FleetStreetInvest
Themes: Oil, Kurdistan, Demand, China
Q-Max buyout is a shrewd move for Netcall
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Thursday, October 01, 2009
Brent Crude Oil Initial Bear Sell Signal in Place / Commodities / Crude Oil
By: Seven_Days_Ahead
During the summer months Brent Crude Oil bulls got a second wind, but have recently struggled near to resistance on the long term chart. An initial bear signal was given last week, and we now look for the confirming move.
Monday, September 28, 2009
Crude Oil Trading Profits From Trendlines / Commodities / Crude Oil
By: INO
Straight Lines Lead Straight to Profits in Crude Oil
In this new short video I am going to share with you one of the simplest and most powerful technical tools of all time.
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Sunday, September 27, 2009
The Next Big Move in Crude Oil / Commodities / Crude Oil
By: GrowthStockWire
Jeff Clark writes: Oil's next move could be huge... and it could happen this week.
For the past two months, the price of oil has ping-ponged back and forth between $65 and $75 per barrel. By the look of the following chart, though, it's about to break out of that price range...
Monday, September 07, 2009
Russian Oil Production Overtakes Saudi Arabia / Commodities / Crude Oil
By: Andrew_Osborn
Russia is extracting more oil than Saudi Arabia, making it the biggest producer of "black gold" in the world, figures show.
The statistics, from the oil cartel Opec, reflect a trend that has seen the Russians periodically surpass the Saudis as the world's biggest oil producers on and off since 2002.
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