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58.7700 -0.1 (-0.17%)
4:14:21 (GMT)
Bid 58.7300
Ask 58.8100
Open 58.8700
High 58.9400
Low 58.6800
 

Daily Technical Analysis

Crude oil prices moved lower as investors exited riskier assets, following the failed negotiations between Greece and the European Union. With Greece headed for a referendum on Sunday, price action is likely to remain volatile over the next week. Crude...
Light Sweet Crude The light sweet crude market gapped lower at the open on Monday, testing the $58 level. However, the market ended up bouncing slightly off of that level, showing that there is in fact still a bit of...
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Weekly Technical Analysis

Light Sweet Crude The light sweet crude markets went back and forth during the course of the week again, as grinding sideways seems to be the flavor of the month. Actually, in this case you might as well go ahead...
Light Sweet Crude The light sweet crude market went back and forth during the course of the week, ultimately forming a shooting star. However, we remain in a very tight range, between the $57 level on the bottom, and the...
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Daily Fundamental Analysis

Analysis and Recommendations: Crude Oil recovered 42 cents after declining steadily on Monday and remains well below the $60 price level. Brent Oil added 82 cents as traders bought up the cheaper commodity. Brent oil is trading at 62.83. Crude...
Analysis and Recommendations: Crude Oil declined $1.26 today to trade at 58.37 as the strength of the greenback weighed on the dollar denominated commodity as well as stress from Greece and the continued talks with Iran.  Brent Oil  fell $1.42...
Analysis and Recommendations: Crude Oil dipped 25 cents to trade at 59.45 while Brent Oil fell 13 cents to 63.07. Commodity markets have so far largely ignored talks about Greek debt and oil has been no exception. Yesterday, the oil...
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Weekly Fundamental Analysis

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

 
August crude oil futures are trading better after an early session setback. Sellers drove the market into a three-week low before turning around at the mid-session. Traders are expressing concerns about the situation in Greece as well as the Iran deal. Iran is looking to extend nuclear...
Crude oil continued to fall as the US dollar gained momentum this morning and the overall commodities market remained weak as traders are unsure of what to expect next after global equities tumbled on Monday. Tuesday finds Asian shares a bit calmer as the Greeks continue to...
Foreign currency and commodity markets were rocked on Monday as the Greece debt crisis escalated over the weekend. The EUR/USD gapped sharply lower, opening at 1.1005 after closing at 1.1171 on Friday. The GBP/USD also opened lower, but not as dramatically. August Comex Gold gapped higher despite...