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80.7700 -0.17 (-0.21%)
5:18:48 (GMT)
Bid 80.7500
Ask 80.7900
Open 80.9400
High 80.9900
Low 80.7400
 

Daily Technical Analysis

Light Sweet Crude The light sweet crude market fell during the session as you can see on Thursday, as we continue to hang about in obvious consolidation. The $80 level below of course is supportive, and as a result we...
Light Sweet Crude The light sweet crude market broke higher during the course of the session on Wednesday, slicing through the $82 level. That being the case, it appears that the market is trying to go higher, but as you...
Light Sweet Crude The light sweet crude market rose slightly during the course of the session on Tuesday, finding the $80 level as support. That being the case, the market looks as if it’s ready to continue consolidating, as the...
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Weekly Technical Analysis

Light Sweet Crude Believe sweet crude market fell during the course of the week, as we continue to see quite a bit of bearish pressure in this marketplace. That being the case, it’s obvious for us that the US dollar...
Light Sweet Crude The light sweet crude market fell during the week as you can see, testing the $80 handle. That area offered quite a bit of support though, but as you can see we bounced quite drastically from that...
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Daily Fundamental Analysis

Analysis and Recommendations: Crude Oil reversed gains from Wednesday to trade in the red today down 69 cents at 81.51 while Brent Oil fell 68 cents to book at 86.45. Crude collapsed into a bear market this month as Saudi...
Analysis and Recommendations: Crude Oil gained 81 cents to trade at 82.23 touching its highest point in a week while Brent Oil added $1.03 to reach 87.04 as traders bought up the cheap commodity as the US dollar weakened. The...
Analysis and Recommendations: Crude Oil surprised traders and gained 15 cents today to trade at 81.16 while Brent Oil matched the increase to move up to 85.99. Brent crude oil steadied below $86 a barrel, after dipping close to $85...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: Crude Oil ended the week on...
Weekly Analysis and Recommendation:  Crude Oil recovered on Friday to...
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More Crude Oil Report

 
Precious metals got the biggest hit from the FOMC statement along with the surge in US GDP. Silver seemed to get whammed harder than gold, falling 4% on Thursday and continued to fall during the Asian session on Friday. Silver is down 77 points at 16.343 plummeting...
December Crude Oil futures are trading lower today after the market failed to follow-through to the upside, following yesterday’s higher close. Yesterday, the U.S. Energy Information Administration reported in its weekly petroleum status report that U.S. commercial crude inventories increased by 2.1 million barrels last week, maintaining...
Crude oil is trading at 81.89 down by 32 cents having taking a making a hard reversal after the US Federal Reserve announcement and positive statement issued late on Wednesday. Crude oil was trading above the $82 price level mid-day on Wednesday. The weekly EIA inventory report...
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