Crude Oil Forecast & Inventory Report

44.24
-0.59
(-1.32%)
8:48:38 (GMT)
 44.22
 44.26
 44.83
 44.91
 44.14
Crude Oil Forecast August 31, 2015, Technical Analysis
Crude Oil Forecast August 31, 2015, Technical Analysis
 
Light Sweet Crude Light sweet crude market broke higher during the course of the session on Friday, as the extreme positivity continued in this market. The $45 level was broken to the upside, and we ended up pressing up against the $46 level. If we can break...
Technical Analysis Crude Oil for 8/31/15
Technical Analysis Crude Oil for 8/31/15
Crude oil prices rallied for a second consecutive day on Friday, boosting the entire petroleum complex as shorts headed for the exits and bulls prepared for a squeeze.  The increase comes despite an increase in the Baker Hughes rig count which increased for the 6th consecutive...
Crude Oil Forecast August 28, 2015, Technical Analysis
Crude Oil Forecast August 28, 2015, Technical Analysis
 
Light Sweet Crude The light sweet crude markets rallied during the course of the session on Thursday, breaking well above the $40 handle. Because of this, the market looks as if it is ready to continue rallying, but we also have to realize that we are very much...
More Crude Oil Daily Technical Analysis
Crude Oil forecast for the week of August 31, 2015, Technical Analysis
Crude Oil forecast for the week of August 31, 2015, Technical Analysis
 
Light Sweet Crude The light sweet crude market as you can see initially fell all the way down to the $38 level, but found enough support to turn this market back around and slammed into the $46 level. If we can break above the $46 level, this...
Crude Oil forecast for the week of August 24, 2015, Technical Analysis
Crude Oil forecast for the week of August 24, 2015, Technical Analysis
 
Light Sweet Crude The light sweet crude market fell significantly during the course of the week, testing the $40 level. This is a massive support level based upon the fact that it is a large, round, psychologically significant number, and of...
Crude Oil forecast for the week of August 17, 2015, Technical Analysis
Crude Oil forecast for the week of August 17, 2015, Technical Analysis
 
Light Sweet Crude The light sweet crude market went back and forth during the course the week, and at one point in time even tested the $45.50 level. However, we broke down below the $42 level and tested or the dollars as well. Ultimately, we...
More Crude Oil Weekly Technical Analysis

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  • Crude Oil forecast for the week of August 31, 2015, Technical Analysis
    Crude Oil forecast for the week of August 31, 2015, Technical Analysis
  • Crude Oil Forecast August 31, 2015, Technical Analysis
    Crude Oil Forecast August 31, 2015, Technical Analysis
  • Crude Oil Forecast August 28, 2015, Technical Analysis
    Crude Oil Forecast August 28, 2015, Technical Analysis
  • Crude Oil Forecast August 27, 2015, Technical Analysis
    Crude Oil Forecast August 27, 2015, Technical Analysis
  • Crude Oil Forecast August 26, 2015, Technical Analysis
    Crude Oil Forecast August 26, 2015, Technical Analysis
  • Crude Oil Forecast August 25, 2015, Technical Analysis
    Crude Oil Forecast August 25, 2015, Technical Analysis
  • Crude Oil forecast for the week of August 24, 2015, Technical Analysis
    Crude Oil forecast for the week of August 24, 2015, Technical Analysis
  • Crude Oil Forecast August 24, 2015, Technical Analysis
    Crude Oil Forecast August 24, 2015, Technical Analysis
  • Crude Oil Forecast August 21, 2015, Technical Analysis
    Crude Oil Forecast August 21, 2015, Technical Analysis
  • Crude Oil Forecast August 20, 2015, Technical Analysis
    Crude Oil Forecast August 20, 2015, Technical Analysis
  • Crude Oil Forecast August 19, 2015, Technical Analysis
    Crude Oil Forecast August 19, 2015, Technical Analysis
  • Crude Oil Forecast August 18, 2015, Technical Analysis
    Crude Oil Forecast August 18, 2015, Technical Analysis
  • Crude Oil forecast for the week of August 17, 2015, Technical Analysis
    Crude Oil forecast for the week of August 17, 2015, Technical Analysis
  • Crude Oil Forecast August 17 Technical Analysis
    Crude Oil Forecast August 17 Technical Analysis
  • Crude Oil Forecast August 14, 2015, Technical Analysis
    Crude Oil Forecast August 14, 2015, Technical Analysis
  • Crude Oil Forecast August 13, 2015, Technical Analysis
    Crude Oil Forecast August 13, 2015, Technical Analysis
  • Crude Oil Forecast August 12, 2015, Technical Analysis
    Crude Oil Forecast August 12, 2015, Technical Analysis
  • Crude Oil Forecast August 11, 2015, Technical Analysis
    Crude Oil Forecast August 11, 2015, Technical Analysis
  • Crude Oil forecast for the week of August 10, 2015, Technical Analysis
    Crude Oil forecast for the week of August 10, 2015, Technical Analysis
  • Crude Oil Forecast August 10, 2015, Technical Analysis
    Crude Oil Forecast August 10, 2015, Technical Analysis
  • Crude Oil Forecast August 7, 2015, Technical Analysis
    Crude Oil Forecast August 7, 2015, Technical Analysis
  • Crude Oil Forecast August 6, 2015, Technical Analysis
    Crude Oil Forecast August 6, 2015, Technical Analysis
  • Crude Oil Forecast August 5, 2015, Technical Analysis
    Crude Oil Forecast August 5, 2015, Technical Analysis
  • Crude Oil Forecast August 4, 2015, Technical Analysis
    Crude Oil Forecast August 4, 2015, Technical Analysis
  • Crude Oil forecast for the week of August 3, 2015, Technical Analysis
    Crude Oil forecast for the week of August 3, 2015, Technical Analysis
  • Crude Oil Forecast August 3, 2015, Technical Analysis
    Crude Oil Forecast August 3, 2015, Technical Analysis
  • Crude Oil Forecast July 31, 2015, Technical Analysis
    Crude Oil Forecast July 31, 2015, Technical Analysis
  • Crude Oil Forecast July 30, 2015, Technical Analysis
    Crude Oil Forecast July 30, 2015, Technical Analysis
  • Crude Oil Forecast July 29, 2015, Technical Analysis
    Crude Oil Forecast July 29, 2015, Technical Analysis
  • Crude Oil Forecast July 28, 2015, Technical Analysis
    Crude Oil Forecast July 28, 2015, Technical Analysis
  • Crude Oil forecast for the week of July 27, 2015, Technical Analysis
    Crude Oil forecast for the week of July 27, 2015, Technical Analysis
  • Crude Oil Forecast July 27, 2015, Technical Analysis
    Crude Oil Forecast July 27, 2015, Technical Analysis
  • Crude Oil Forecast July 24, 2015, Technical Analysis
    Crude Oil Forecast July 24, 2015, Technical Analysis
  • Crude Oil Forecast July 23, 2015, Technical Analysis
    Crude Oil Forecast July 23, 2015, Technical Analysis
  • Crude Oil Forecast July 22, 2015, Technical Analysis
    Crude Oil Forecast July 22, 2015, Technical Analysis
  • Crude Oil Forecast July 21, 2015, Technical Analysis
    Crude Oil Forecast July 21, 2015, Technical Analysis
  • Crude Oil forecast for the week of July 20, 2015, Technical Analysis
    Crude Oil forecast for the week of July 20, 2015, Technical Analysis
  • Crude Oil Forecast July 20, 2015, Technical Analysis
    Crude Oil Forecast July 20, 2015, Technical Analysis
  • Crude Oil Forecast July 17, 2015, Technical Analysis
    Crude Oil Forecast July 17, 2015, Technical Analysis
  • Crude Oil Forecast July 16, 2015, Technical Analysis
    Crude Oil Forecast July 16, 2015, Technical Analysis
  • Crude Oil Forecast July 15, 2015, Technical Analysis
    Crude Oil Forecast July 15, 2015, Technical Analysis
  • Crude Oil forecast for the week of July 13, 2015, Technical Analysis
    Crude Oil forecast for the week of July 13, 2015, Technical Analysis
  • Crude Oil Forecast July 13, 2015, Technical Analysis
    Crude Oil Forecast July 13, 2015, Technical Analysis
  • Crude Oil Forecast July 10, 2015, Technical Analysis
    Crude Oil Forecast July 10, 2015, Technical Analysis
  • Crude Oil Forecast July 9, 2015, Technical Analysis
    Crude Oil Forecast July 9, 2015, Technical Analysis
  • Crude Oil Forecast July 8, 2015, Technical Analysis
    Crude Oil Forecast July 8, 2015, Technical Analysis
  • Crude Oil Forecast July 7, 2015, Technical Analysis
    Crude Oil Forecast July 7, 2015, Technical Analysis
  • Crude Oil forecast for the week of July 6, 2015, Technical Analysis
    Crude Oil forecast for the week of July 6, 2015, Technical Analysis
  • Crude Oil Forecast July 6, 2015, Technical Analysis
    Crude Oil Forecast July 6, 2015, Technical Analysis
  • Crude Oil Forecast July 3, 2015, Technical Analysis
    Crude Oil Forecast July 3, 2015, Technical Analysis
  • Crude Oil Forecast July 2, 2015, Technical Analysis
    Crude Oil Forecast July 2, 2015, Technical Analysis
  • Crude Oil Forecast July 1, 2015, Technical Analysis
    Crude Oil Forecast July 1, 2015, Technical Analysis
  • Crude Oil Forecast June 30, 2015, Technical Analysis
    Crude Oil Forecast June 30, 2015, Technical Analysis
  • Crude Oil forecast for the week of June 29, 2015, Technical Analysis
    Crude Oil forecast for the week of June 29, 2015, Technical Analysis
  • Crude Oil Forecast June 29, 2015, Technical Analysis
    Crude Oil Forecast June 29, 2015, Technical Analysis
  • Crude Oil Forecast June 26, 2015, Technical Analysis
    Crude Oil Forecast June 26, 2015, Technical Analysis
  • Crude Oil Forecast June 25, 2015, Technical Analysis
    Crude Oil Forecast June 25, 2015, Technical Analysis
  • Crude Oil Forecast June 24, 2015, Technical Analysis
    Crude Oil Forecast June 24, 2015, Technical Analysis
  • Crude Oil Forecast June 23, 2015, Technical Analysis
    Crude Oil Forecast June 23, 2015, Technical Analysis
  • Crude Oil forecast for the week of June 22, 2015, Technical Analysis
    Crude Oil forecast for the week of June 22, 2015, Technical Analysis
  • Crude Oil Forecast June 22, 2015, Technical Analysis
    Crude Oil Forecast June 22, 2015, Technical Analysis
  • Crude Oil Forecast June 19, 2015, Technical Analysis
    Crude Oil Forecast June 19, 2015, Technical Analysis
  • Crude Oil Forecast June 18, 2015, Technical Analysis
    Crude Oil Forecast June 18, 2015, Technical Analysis
  • Crude Oil Forecast June 17, 2015, Technical Analysis
    Crude Oil Forecast June 17, 2015, Technical Analysis
  • Crude Oil Forecast June 16, 2015, Technical Analysis
    Crude Oil Forecast June 16, 2015, Technical Analysis
  • Crude Oil forecast for the week of June 15, 2015, Technical Analysis
    Crude Oil forecast for the week of June 15, 2015, Technical Analysis
  • Crude Oil Forecast June 15, 2015, Technical Analysis
    Crude Oil Forecast June 15, 2015, Technical Analysis
  • Crude Oil Forecast June 12, 2015, Technical Analysis
    Crude Oil Forecast June 12, 2015, Technical Analysis
  • Crude Oil Forecast June 11, 2015, Technical Analysis
    Crude Oil Forecast June 11, 2015, Technical Analysis
  • Crude Oil Forecast June 10, 2015, Technical Analysis
    Crude Oil Forecast June 10, 2015, Technical Analysis
  • Crude Oil Forecast June 9, 2015, Technical Analysis
    Crude Oil Forecast June 9, 2015, Technical Analysis
  • Crude Oil forecast for the week of June 8, 2015, Technical Analysis
    Crude Oil forecast for the week of June 8, 2015, Technical Analysis
  • Crude Oil Forecast June 8, 2015, Technical Analysis
    Crude Oil Forecast June 8, 2015, Technical Analysis
  • Crude Oil Forecast June 5, 2015, Technical Analysis
    Crude Oil Forecast June 5, 2015, Technical Analysis
  • Crude Oil Forecast June 4, 2015, Technical Analysis
    Crude Oil Forecast June 4, 2015, Technical Analysis
  • Crude Oil Forecast June 3, 2015, Technical Analysis
    Crude Oil Forecast June 3, 2015, Technical Analysis
  • Crude Oil Forecast June 2, 2015, Technical Analysis
    Crude Oil Forecast June 2, 2015, Technical Analysis
  • Crude Oil forecast for the week of June 01, 2015, Technical Analysis
    Crude Oil forecast for the week of June 01, 2015, Technical Analysis
  • Crude Oil Forecast June 1, 2015, Technical Analysis
    Crude Oil Forecast June 1, 2015, Technical Analysis
  • Crude Oil Forecast May 29, 2015, Technical Analysis
    Crude Oil Forecast May 29, 2015, Technical Analysis
  • Crude Oil Forecast May 28, 2015, Technical Analysis
    Crude Oil Forecast May 28, 2015, Technical Analysis
  • Crude Oil Forecast May 27, 2015, Technical Analysis
    Crude Oil Forecast May 27, 2015, Technical Analysis
  • Crude Oil Forecast May 26, 2015, Technical Analysis
    Crude Oil Forecast May 26, 2015, Technical Analysis
  • Crude Oil forecast for the week of May 25, 2015, Technical Analysis
    Crude Oil forecast for the week of May 25, 2015, Technical Analysis
  • Crude Oil Forecast May 25, 2015, Technical Analysis
    Crude Oil Forecast May 25, 2015, Technical Analysis
  • Crude Oil Forecast May 22, 2015, Technical Analysis
    Crude Oil Forecast May 22, 2015, Technical Analysis
  • Crude Oil Forecast Made 21, 2015, Technical Analysis
    Crude Oil Forecast Made 21, 2015, Technical Analysis
  • Crude Oil Forecast May 20, 2015, Technical Analysis
    Crude Oil Forecast May 20, 2015, Technical Analysis
  • Crude Oil Forecast May 19, 2015, Technical Analysis
    Crude Oil Forecast May 19, 2015, Technical Analysis
  • Crude Oil forecast for the week of May 18, 2015, Technical Analysis
    Crude Oil forecast for the week of May 18, 2015, Technical Analysis
  • Crude Oil Forecast May 18, 2015, Technical Analysis
    Crude Oil Forecast May 18, 2015, Technical Analysis
  • Crude Oil Forecast May 15, 2015, Technical Analysis
    Crude Oil Forecast May 15, 2015, Technical Analysis
  • Crude Oil Forecast May 14, 2015, Technical Analysis
    Crude Oil Forecast May 14, 2015, Technical Analysis
  • Crude Oil Forecast May 13, 2015, Technical Analysis
    Crude Oil Forecast May 13, 2015, Technical Analysis
  • Crude Oil Forecast May 12, 2015, Technical Analysis
    Crude Oil Forecast May 12, 2015, Technical Analysis
  • Crude Oil forecast for the week of May 11, 2015, Technical Analysis
    Crude Oil forecast for the week of May 11, 2015, Technical Analysis
  • Crude Oil Forecast May 11, 2015, Technical Analysis
    Crude Oil Forecast May 11, 2015, Technical Analysis
  • Crude Oil Forecast May 8, 2015, Technical Analysis
    Crude Oil Forecast May 8, 2015, Technical Analysis
  • Crude Oil Forecast May 7, 2015, Technical Analysis
    Crude Oil Forecast May 7, 2015, Technical Analysis
  • Crude Oil Forecast May 6, 2015, Technical Analysis
    Crude Oil Forecast May 6, 2015, Technical Analysis
 
Crude & Brent Oil Fundamental Analysis – August 31, 2015 - Forecast
Crude & Brent Oil Fundamental Analysis – August 31, 2015 - Forecast
Analysis and Recommendations: Crude Oil drifted 57 cents as traders adjusted after yesterday’s market rocket. On Thursday crude oil soared over 10%. Oil is trading at 41.99. Brent Oil dipped 64 points to 46.92. Crude oil has gotten pounded over the...
Crude & Brent Oil Fundamental Analysis – August 28, 2015 - Forecast
Crude & Brent Oil Fundamental Analysis – August 28, 2015 - Forecast
Analysis and Recommendations: Crude Oil gained $1.39 to trade at 39.99 holding close to the $40 level but unable to remain above while Brent Oil added $1.59 to 44.74. Oil prices climbed early on Thursday on an unexpected fall in U.S. crude inventory...
Crude & Brent Oil Fundamental Analysis – August 27, 2015- Forecast
Crude & Brent Oil Fundamental Analysis – August 27, 2015- Forecast
Analysis and Recommendations: Crude Oil is flat today ahead of US EIA numbers, but last night’s API inventory declines were ignored by traders. Oil is trading at 39.39 while Brent Oil added 20 points to 43.41 as Saudi Arabia ignores the price declines...
More Crude Oil Daily Forecasts
Crude Oil Weekly Fundamental Analysis, August 31 – September 4, 2015
Crude Oil Weekly Fundamental Analysis, August 31 – September 4, 2015
Analysis and Recommendations: October Crude Oil futures finished the week up almost 12% from the previous week’s close after reaching a new low for the year at $37.75. Brent crude gained over 15 percent. The catalysts behind the move were a strong...
Precious Metals Fundamental Analysis – August 24 – August 28, 2015 Forecast – Gold, Silver & Platinum
Precious Metals Fundamental Analysis – August 24 – August 28, 2015 Forecast – Gold, Silver & Platinum
Analysis and Recommendations:  Precious metals rallied last week, led by gold which closed at its highest level in seven...
Crude Oil Weekly Fundamental Analysis, August 24 – August 28, 2015
Crude Oil Weekly Fundamental Analysis, August 24 – August 28, 2015
Analysis and Recommendations: Brent crude oil fell to a fresh October contract low as global supply glut and concerns about sluggish growth in China continued to weigh on prices. WTI Crude oil futures plunged to a 6 ½ year low last week, setting in...
More Crude Oil Weekly Forecasts
Crude Oil & Brent Oil Monthly Fundamental Forecast August 2015
Crude Oil & Brent Oil Monthly Fundamental Forecast August 2015
Outlook and Recommendation Crude Oil took a major plunge on the last trading day falling to 46.80 down by 1.72 on Friday while Brent Oil followed suit to fall 1.50 to close July at 51.81. The Chinese economy course has slowed down recently, but what’s...
Crude Oil & Brent Oil Monthly Fundamental Forecast – July 2015
Crude Oil & Brent Oil Monthly Fundamental Forecast – July 2015
Outlook and Recommendation Crude Oil prices have steadied at the US$59-60 mark for WTI and US$63-64 for Brent Oil amid a strong pick-up in global petroleum demand and a slowdown in shale production in the United States. Negotiations on a final nuclear...
Crude Oil & Brent Oil Monthly Fundamental Forecast June 2015
Crude Oil & Brent Oil Monthly Fundamental Forecast June 2015
Outlook and Recommendation Crude Oil closed the month just above the $60 price level after US inventory fell and rigs declined while Brent Oil closed under its support level at 66.00 and continued to weaken. Brent was at 65.5 at the close to the month....
More Crude Oil Monthly Forecasts
Oil Prices Ease After 2 Day Record Rally Last Week
Oil prices dipped in the morning session giving back some of last week’s surge. Brent oil is down 49 cents at 49.42 while crude oil is trading at 44.37 off by 85 cents. Oil captured the eye again on Friday night as European and US stock markets rounded off the roller-coaster week with a largely flat run. Crude prices tallied their best two-day rally since 2009 as US Nymex crude soared 6.3 per cent to 45.22 and global benchmark Brent crude bounded 5.2 per cent to 50.05. The rapid rebound -- which included
China's Stimulus Measures Fuel Huge Market Reversals
Last week’s tumultuous trading action created two-sided trades in most equity, currency and commodity markets. The common themes all week were excessive volatility and “risk-off” and “risk-on” investing strategies. The price action on Monday set the tone for the week after China’s stock market tumbled nearly 9 percent, fueling sharp breaks in global equity markets. U.S. equity markets had a volatile session with the S&P 500 and NASDAQ slipping into correction territory, which is a 10 percent decline from
Technical Analysis Crude Oil for 8/31/15
Crude oil prices rallied for a second consecutive day on Friday, boosting the entire petroleum complex as shorts headed for the exits and bulls prepared for a squeeze.  The increase comes despite an increase in the Baker Hughes rig count which increased for the 6th consecutive week.  Solid increases in consumer spending and income along with the revival of a conflict between the Saudis and Yemen have helped boost prices. Crude oil broke out on Thursday and continue to rally on Friday.  Prices closed above a
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