Tag: OIL PRICES

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...

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 initially rose to $44.68 on Monday, but then the bears took over again, which led to a decline to...

Crude oil took a hard hit during the last two years. A barrel cost more than $107 in June, 2014. By February, 2016, it...

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...

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...

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...

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...

The world was hoping that the biggest oil producers were going to reach an agreement to freeze output during their meeting in Doha on...

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...

Yesterday, March 24th, crude oil fell to 38.32 a barrel and people were rushing to offer an explanation for the weakness. Some said that...

If we need to provide a definition for a “market bubble”, we would describe it as a part of the economic cycle, which characterizes...

Crude oil rose from 38.50 to 50.03, before falling to 43.85 again. The black gold has been consolidating ever since, which makes us wonder when...

In our previous post about crude oil we thought the “black gold” is in a post-triangle wave 5. That is why we said it was not...

The bulls took over the control over crude oil in the middle of last month and led its price above $59 per barrel as of...

Almost two months ago, on February 21st, we said that brent oil is likely to get more expensive, but needs a downside correction first....

What is not to love about cheap oil? Low oil prices reduce our monthly fuel costs, moreover they leave us with more leftover cash...

After a long and steep decline, the 30-minute chart of crude oil suggests it may be time for a larger recovery. It shows a...

In our last forecast for 2014 we will take a look at brent oil prices short term perspectives. As the whole world already knows,...

Brent Oil has been declining sharply during the last five months, falling down from above $115 per barrel in June to under $77 in...

The last time we talked about crude oil was on 12th September in an article, called “A Major Bottom for Crude Oil Prices?”, where...

Crude oil is probably the raw material, the world economy depends the most on. That is why we think its price trends deserve to be...

On April 8th we published an analysis on crude oil, in which we were expecting a decline soon. We were preparing for a sell-off, because...

In our previous analysis on crude oil we stated that prices could go higher, if the market decides to make wave (2)/B more complicated. On...

Crude oil fell in five waves from 105.20 to 97 dollars. This whole decline happened, despite the Russia-Ukraine conflict and the expectations that it...

In our analysis from March 16th we were waiting for a decline in wave 5. That forecast of crude oil went well and on...

Our crude oil outlook update will start with our analysis from February 25th, because you should know how our bigger picture scenario looks like. As...

That five-wave decline on the 5-min chart means that Crude Oil is heading lower. Now could be the time for an upside movement, but...

Crude Oil extended its five-wave decline, dropping by more than 5$, from 105,25 to 100,10, despite the Russia-Ukraine conflict. So, from a fundamental point...

Crude oil is confirming our bearish outlook on the 10 min chart. A complete impulse to the downside means that we have to prepare...