Tag: CRUDE OIL PRICES

Putin's unprovoked aggression against Ukraine is taking its toll on the financial markets. Our premium instruments are also more or less affected. Here is...

Crude oil prices spiked sharply as Russia's unprovoked war against Ukraine began, but eventually closed the week little changed. Does a price shock above...

The world has finally awakened to the looming climate change catastrophe and is suddenly rushing its way towards renewables. New oil and gas exploration...

It’s been roughly a month since the new Omicron variant emerged and threatened to bring back curbs to slow its spread. The...

Crude oil 's recent weakness can be attributed to Omicron lockdown fears. Can it drag the price to a new low? Our latest Elliott...

Crude oil started timidly recovering from its recent slump, but is this the start of a new uptrend or just a correction within the...

Crude oil is up significantly from the depths of 2020, but the new Omicron Covid variant is a good excuse for the price to...

Crude oil dropped last week as the new Omicron COVID strain brought back memories of March 2020. How low can the commodity drop this...

The crude oil market is capable of going from a state of oversupply to one of not enough supply in relatively short...

A year ago it seemed like all hell was breaking loose on the oil industry. Even oil majors like Chevron couldn’t escape...

COVID-19 returned with a new force in Europe after the warm summer months. Countries around the continent have entered new lockdowns in...

At the start of last week crude oil was trading at less than $36 a barrel. It was down from $43.84 in...

After the market broke during the pandemic panic and crude oil prices fell into negative territory, a quick and sharp surge followed....

It’s been a bad couple of weeks for crude oil bulls. The price had been steadily climbing for months, up over 300%...

When it comes to the crude oil market, last month was one for the history books. The coronavirus pandemic forced the global...

The price of WTI crude oil spiked at the open on Monday, following drone attacks on Saudi Arabian oil facilities over the weekend that...

The price of crude oil recorded its biggest daily decline in four years Thursday after President Trump threatened to impose new tariffs on $300...

The price of crude oil has been marching upward since early June, when it bottomed at $50.59. By July 11th, a barrel cost $60.91....

The price of crude oil is approaching the $61 mark helped by U.S.-Iran tensions and a 9.5-million barrel decrease in US inventories. A rally...

Trade war fears are officially back, causing indiscriminate selling of stocks and commodities alike. Crude oil has been hit especially hard as supply glut...

It has been an eventful week for crude oil traders. On Wednesday, January 16th, the EIA revealed that inventories have decreased by 2.7 million...

Crude oil bulls got slaughtered in the last three months of 2018. Between the start of October and the end of December, the price...

WTI crude oil dipped below $50 a barrel in late-November, but quickly recovered to $54.54 on December 4th. The price spent the next ten...

On October 3rd, the price of WTI crude oil was up 27.9% year-to-date, corresponding to a rally from $60.09 to $76.88 a barrel in...

Traders often think they have to catch each and every move in its entirety, in order to be successful. The sad truth is that...

It was a good week for the crude oil market, which has been under pressure for over a month. WTI climbed to as high...

WTI crude oil set an upbeat mood at the start of last week and managed to lift the price to $69.89 on Monday, August...

WTI crude oil bulls looked very confident at the start of the week, when they lifted the price to $70.41 a barrel on Monday,...

Crude oil bulls gave their best to reach a new high last week. Alas, $74.67 was all they were capable of before running out...

Correct us if we are wrong, but shouldn’t a supply increase lead to lower prices? Well, at least that was the cause and effect...