Select Your Broker and Start Trading!   Best Brokers 2014

76.3000 -0.23 (-0.30%)
13:24:35 (GMT)
Bid 76.2800
Ask 76.3200
Open 76.5300
High 76.9300
Low 76.0100
 

Daily Technical Analysis

Light Sweet Crude The light sweet crude market tried to rally during the course of the session on Friday, but found the $70 level be far too resistive. With that being the case, the market looks as if it formed...
Light Sweet Crude The light sweet crude market rose during the course of the day on Thursday, showing the $74 level to be supportive yet again. That being the case, the market looks as if it’s ready to continue going...
Light Sweet Crude The light sweet crude markets rose slightly during the course of the session on Wednesday, using the $74 level as a bit of support. That supportive area should continue to attract buyers, as the market bounces around...
More Crude Oil Daily Technical Analysis

Weekly Technical Analysis

Light Sweet Crude The light sweet crude market went back and forth during the course of the week, essentially settling nothing. It appears of the market is starting to slow down its descent, which isn’t really that big of a...
Light Sweet Crude The light sweet crude market fell during the course of the week, breaking down below the $74 level at one point in time. Because of this, the market looks like it’s ready to drift lower although we...
More Crude Oil Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendations: Crude Oil gave back morning gains to trade at 76.58 while Brent Oil held steady at 80.47 as the spread remains under the $3.00 price. Although the unprecedented surge of the U.S. dollar index value, combined with...
Analysis and Recommendations: Crude Oil is trading at 76.28 barely holding on to gains in the Asian session while Brent Oil  kept pace with WTI and is trading at 79.80 with the spread at $3.50.   The oil price somehow stabilized...
Analysis and Recommendations: Crude Oil gained 26 cents today while Brent Oil added 45 cents as traders bought up the cheap commodity ahead of the OPEC meeting next week. Crude is trading at 74.76 and Brent is at 78.55. The...
More Crude Oil Daily Forecasts

Weekly Fundamental Analysis

Weekly Analysis and Recommendation:   Crude Oil remained near recent lows...
Weekly Analysis and Recommendation:   Crude Oil recovered from its weekly...
More Crude Oil Weekly Forecasts

More Crude Oil Report

 
Energy traders this week will keep focused on one event and one event alone and that is the upcoming OPEC meeting. In the history of OPEC this event has garnered more attention that the collective events over the past years. OPEC Ministers names continue to print in...
The EUR/USD plunged on Friday in the wake of bearish comments from European Central Bank President Mario Draghi. He triggered a sell-off when he said at a banking conference, “we will continue to meet our responsibility – we will do what we must to raise inflation and...
The countdown to the OPEC meeting has begun with energy traders focused on nothing else. So far Saudi Arabia has been mute on the possibility of a reduction in quotas. Crude oil added 46 cents to trade at 76.31 while Brent oil edged up 15 cents to...