“Black Swan” Pattern Sends Crude Oil Plunging
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...
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...
Crude oil bulls gave their best to reach a new high last week. Alas, $74.67 was all they were...
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...
Correct us if we are wrong, but shouldn’t a supply increase lead to lower prices? Well, at least that...
Everything was going so well for USDJPY and crude oil bulls until last week, when both the exchange rate and the WTI crude price...
Everything was going so well for USDJPY and crude oil bulls until last week, when both the exchange rate...
Between January 25th and February 9th, WTI crude oil’s price plunged from $66.62 to $58.06 a barrel, losing 12.8% in just 12 trading days....
Between January 25th and February 9th, WTI crude oil’s price plunged from $66.62 to $58.06 a barrel, losing 12.8%...
Between 2000 and 2016, USDCAD and crude oil had a negative correlation in 93% of the time. Canada is one of the world’s biggest...
Between 2000 and 2016, USDCAD and crude oil had a negative correlation in 93% of the time. Canada is...
The euro had a funny week (or nerve wracking, depending on how you look at it). On Monday it dropped to almost 1.19 but...
The euro had a funny week (or nerve wracking, depending on how you look at it). On Monday it...
The first week of January was quite eventful with an all-time high for the Dow Jones and Crude Oil breaking above $61 for the...
The first week of January was quite eventful with an all-time high for the Dow Jones and Crude Oil...
As WTI crude oil approaches the $60 mark, we could conclude that it was not a smooth ride at all. The price has been...
As WTI crude oil approaches the $60 mark, we could conclude that it was not a smooth ride at...
The price of WTI crude oil surpassed the $58 a barrel mark this week. The last time it traded at that level was in...
The price of WTI crude oil surpassed the $58 a barrel mark this week. The last time it traded...
Here we go again. The last time hurricanes had something to do with crude oil, the price of the commodity, according to popular media,...
Here we go again. The last time hurricanes had something to do with crude oil, the price of the...
If you were bullish on the price of crude oil, last week was nothing short of wonderful for you. The commodity opened the weekly...
If you were bullish on the price of crude oil, last week was nothing short of wonderful for you....
As if Harvey was not enough, the United States now braces for Irma, which in turn is expected to be followed by Jose and...
As if Harvey was not enough, the United States now braces for Irma, which in turn is expected to...
It has been a good week for bullish crude oil traders so far, who saw the price of WTI move from $45.63 on Monday...
It has been a good week for bullish crude oil traders so far, who saw the price of WTI...
In our previous article you saw that a bearish reversal in the price trend of crude oil could be predicted, even when OPEC extends...
In our previous article you saw that a bearish reversal in the price trend of crude oil could be...
Yesterday was an important day for crude oil traders, who have been waiting for OPEC to extend the production cuts in an effort to...
Yesterday was an important day for crude oil traders, who have been waiting for OPEC to extend the production...
The price of WTI crude oil plunged from $53.74 to as low as $43.73 between April 12th and May 5th. This 10-dollar sell-off surely...
The price of WTI crude oil plunged from $53.74 to as low as $43.73 between April 12th and May...
Last week, WTI crude oil prices climbed to $53.74 a barrel, maintaining the uptrend from $47.08, which began a month ago. But instead of continuing...
Last week, WTI crude oil prices climbed to $53.74 a barrel, maintaining the uptrend from $47.08, which began a month...
It recently became clear that OPEC members have not been following their own output cut agreement very strictly, which could be an explanation of WTI...
It recently became clear that OPEC members have not been following their own output cut agreement very strictly, which could...
“The current pullback is likely to take crude oil prices down to $50.50, before the bulls return…” This was the last sentence of the...
“The current pullback is likely to take crude oil prices down to $50.50, before the bulls return…” This was...
The last three weeks have been very interesting for the oil market. First it was Vienna, where OPEC members agreed to cut production by...
The last three weeks have been very interesting for the oil market. First it was Vienna, where OPEC members...
Crude oil’s December futures contract just climbed to 47.37 dollars a barrel in what is supposed to be a rally, inspired by hopes that OPEC...
Crude oil’s December futures contract just climbed to 47.37 dollars a barrel in what is supposed to be a...
The price of crude oil recently climbed to 52.20 dollars a barrel, but has been declining ever since. Currently, the black gold is trading...
The price of crude oil recently climbed to 52.20 dollars a barrel, but has been declining ever since. Currently,...
The price of crude oil initially rose to $44.68 on Monday, but then the bears took over again, which led to a decline to...
The price of crude oil initially rose to $44.68 on Monday, but then the bears took over again, which...
Crude oil took a hard hit during the last two years. A barrel cost more than $107 in June, 2014. By February, 2016, it...
Crude oil took a hard hit during the last two years. A barrel cost more than $107 in June,...
It was a roller-coaster week for crude oil prices. The market moved sharply up on Monday, September 5th, climbing to 46.51 during the European...
It was a roller-coaster week for crude oil prices. The market moved sharply up on Monday, September 5th, climbing...
Crude Oil was timidly trying to recover in the beginning of March, after falling to as low as 26.03 a month earlier. Just 3 months...
Crude Oil was timidly trying to recover in the beginning of March, after falling to as low as 26.03...
Last week, the price of crude oil fell to 43.02. This week, it seems determined to reach the 50-dollar mark. From surplus, through production...
Last week, the price of crude oil fell to 43.02. This week, it seems determined to reach the 50-dollar...
It was not the best start of a week for crude oil. The commodity’s price fell to 43.02 dollars a barrel on Tuesday, May...
It was not the best start of a week for crude oil. The commodity’s price fell to 43.02 dollars...
The world was hoping that the biggest oil producers were going to reach an agreement to freeze output during their meeting in Doha on...
The world was hoping that the biggest oil producers were going to reach an agreement to freeze output during...
It was an interesting and, more importantly, volatile week for the price of crude oil. It initially fell to $35.20 on Monday, but the...
It was an interesting and, more importantly, volatile week for the price of crude oil. It initially fell to...