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93.3800 -0.5 (-0.53%)
20:57:39 (GMT)
Bid 93.3400
Ask 93.4200
Open 93.8800
High 94.0300
Low 92.9100
 

Daily Technical Analysis

Light Sweet Crude The light Sweet Crude market fell initially during the session on Friday, but used the $93.00 level for support. By doing so, we ended up forming a nice-looking hammer, and as a result it appears of the...
Light Sweet Crude The light sweet crude market fell during the beginning part of the session on Thursday, but found enough support at the $92.50 level to turn things back around and form a massive hammer. We are ready to...
Light Sweet Crude The light sweet crude markets tried to rally during the course of the day on Wednesday, but gave back about half of what it accomplished. The $96.00 level above is rather resistive looking, and the fact that...
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Weekly Technical Analysis

Light Sweet Crude The light sweet crude markets had a negative week, breaking down below the $93.00 level at one point in time. However, we get a little bit of a bounce from there, and we are starting to ensure...
Light Sweet Crude The light sweet crude markets than most of the week falling rather drastically, but bounce significantly off the $95 level in order to form a bit of a hammer. That being the case, and the concerns about...
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Daily Fundamental Analysis

Analysis and Recommendations: Crude Oil fell 42 cents to trade at 93.54 while Brent Oil dipped 28 cents to exchange at 102.35 on a quiet trading day. Traders and speculators are sitting tight looking for some fundamental or geopolitical reason...
Analysis and Recommendations: Crude Oil fell 67 cents to trade at 92.79 while Brent Oil fell 80 cents to reach 101.48 after US EIA reports showed a climb in stocks and OPEC production remained at peak levels. Chinese data weighed...
Analysis and Recommendations: Crude Oil added 23 cents after falling below the 93 price level as traders bought up the cheap commodity. Brent Oil gained 40 cents but remained under the all-important 102.00 price level. I give up trying to...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation:  Crude Oil ended the week at...
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More Crude Oil Report

 
Oil prices returned to their down trend after gaining on Thursday. WTI crude oil is down 21 cents to trade at 93.75 while Brent Sea oil was down 18 cents at 102.49 after climbing from the 101 price level on Thursday. European shares ended the day in...
December Comex Gold traders continued to react to yesterday’s release of the somewhat hawkish Fed minutes on Thursday. The selling pressure was strong enough today to take out the recent bottom at $1281.00, changing the trend to down on the daily chart and setting up the market...
October Crude Oil futures traded better today in reaction to yesterday’s reported drop in oil stocks after the close.  According to the American Petroleum Institute, crude oil inventory dropped 1.4 million barrels last week. The API also reported that gasoline supplies fell by 2.1 million barrels. Later...