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Daily Trading Alerts for crude oil traders with additional intra-day alerts whenever the situation requires it. As Oil Trading Alerts subscriber you will remain up-to-date at all times - you will receive daily e-mail messages from Nadia Simmons with the most important details: latest news, latest price changes, support & resistance levels, buy & sell signals and early heads-up about the potential trading opportunities. If you're actively trading crude oil / oil stocks, this Daily Trading Alerts are perfect for you. 1-2 alerts per week are posted also in our Articles section, so you can review these real-time samples before you subscribe.

  • Oil Trading Alert: No Breakthrough in Crude Oil – For Now

    July 25, 2014, 2:20 PM

    On Thursday, crude oil lost 1.23% as disappointing report on U.S. new homes sales overweighed bullish jobless claims data. As a result, light crude reversed once again and corrected most of Wednesday’s increase. Will we see something new in the near future?

  • Oil Trading Alert: Crude Oil – North or South?

    July 24, 2014, 10:23 AM

    On Wednesday, crude oil gained 1.33% as the combination of the bullish EIA weekly report and ongoing concerns over tensions between Russia and Ukraine supported the price. Thanks to these circumstances, the commodity erased the Tuesday’s decline, but did this show of “strength” change the very short-term outlook?

  • Oil Trading Alert: Crude Oil – Bullish or Bearish Rollercoaster?

    July 23, 2014, 10:02 AM

    On Tuesday, crude oil lost 0.87% as investors jumped to the sidelines to await the release of the EIA weekly report. As a result, light crude reversed once again and corrected most of Monday’s increase. Will we see something new in the near future?

  • Oil Trading Alert: Crude Oil – Basic Fundamentals Still in Place

    July 22, 2014, 7:58 AM

    On Monday, crude oil gained 1.11% as fresh worries over geopolitical tensions in Ukraine and in Gaza supported the price. In this way, light crude erased the Friday’s decline, but did this upswing change anything in the short-term picture?

  • Oil Trading Alert: Crude Oil - Has Anything Changed?

    July 21, 2014, 10:26 AM

    On Friday, crude oil lost 2% as the combination of disappointing U.S. sentiment data and profit taking weighed on the price. Because of these circumstances, light crude erased most of the Thursday’s rally and approached the support zone once again. Did this drop change anything in the short-term outlook?

  • Oil Trading Alert: Crude Oil - The Rally Is Gaining Steam

    July 18, 2014, 9:59 AM

    On Thursday, crude oil gained 2.21% as mostly upbeat U.S. economic data and tension fears between Ukraine and Russia supported the price. As a result, light crude shot up and hit a one-week high, reaching an important resistance zone. Will it stop the rally?

  • Oil Trading Alert: Is the Current Rally in Crude Oil Sustainable?

    July 17, 2014, 9:16 AM

    On Wednesday, crude oil gained 1.33% as the combination of upbeat Chinese growth numbers and bullish the EIA weekly report supported the price. Thanks to these circumstances, the commodity bounced off a two-month low and invalidated earlier breakdown below two important support/resistance lines. Does it mean that a new uptrend has begun?

  • Oil Trading Alert: Is It Right Time to Buy Crude Oil?

    July 16, 2014, 8:59 AM

    On Tuesday, crude oil hit a fresh two-month low of $99.01 as an improving picture for global supplies weighed on the price. Although the commodity was trading below the psychological barrier of $100 for the first time since May, light crude rebounded after a drop to the support zone. Could it stop oil bears’ charge?

  • Oil Trading Alert: Is Crude Oil Ready For Rally?

    July 15, 2014, 7:56 AM

    Although crude oil hit a two-month low after the market’s open, the commodity reversed and gained 0.56% as protests in a Libyan oil port over the weekend fueled doubts over the country's return to the export market. As a result, light crude bounced off the psychological barrier of $100 and invalidated earlier breakdown. Are these circumstances bullish enough to trigger a rally?

  • Oil Trading Alert: Will Crude Oil Drop Below $100?

    July 14, 2014, 7:48 AM

    On Friday, crude oil lost 2.34% as fading concerns over supply disruptions encouraged investors to resume selling. In this way, the light crude fell to its lowest level in almost two months and slipped below important support lines. Will the psychological barrier of $100 stop further deterioration?

  • Oil Trading Alert: Crude Oil – Time for Recovery?

    July 11, 2014, 7:22 AM

    On Thursday, crude oil gained 0.94% as profit taking and upbeat U.S. jobless claims data supported the price. As a result, the commodity bounced off a very important support zone and came back above $102 per barrel. Does it mean that the bottom of the recent correction is in?

  • Oil Trading Alert: Crude Oil – Further Declines or Rebound?

    July 10, 2014, 7:53 AM

    On Wednesday, crude oil lost 1.48% as the reported resumption of Libyan crude production and the EIA weekly report on U.S. inventories weighed on the price. As a result, light crude hit its lowest level since June 5 and dropped below the next downside target. Does it mean that oil bulls lost ground?

  • Oil Trading Alert: Crude Oil - One Swallow Doesn't Make a Summer

    July 9, 2014, 9:12 AM

    Yesterday, after 5 days of declines, we saw a corrective upswing, which took crude oil to an intraday high of $104.20. Did this show of “strength” invalidate any of bearish technical factors that we noticed in recent days?

  • Oil Trading Alert: Crude Oil: 5 Days Without An Upswing

    July 8, 2014, 6:20 AM

    On Monday, crude oil lost 0.65% as worries over potential supply disruptions in the Middle East continued to ease. Because of these circumstances, light crude dropped to a 4-week low, reaching another downside target. Is the space for further declines limited?

  • Oil Trading Alert: Dark Clouds Over Crude Oil

    July 7, 2014, 8:03 AM

    On Thursday, crude oil declined to its lowest levels since June 10 as situation in Libya overshadowed U.S. economic data. As a result, light crude closed the day below the medium-term support line. Will this event encourage oil bears to push the price lower?

  • Oil Trading Alert: Crude Oil Meets Important Support Line

    July 3, 2014, 7:30 AM

    On Wednesday, crude oil moved higher after the market’s open, supported by the bullish EIA weekly report. However, news that Libya agreed to open two of its ports for oil exports pushed the commodity to the lowest level since mid-June. In this way, light crude reached an important medium-term support line. Will it trigger a corrective upswing?

  • Oil Trading Alert: Crude Oil – North or South?

    July 2, 2014, 10:52 AM

    On Tuesday, crude oil lost 0.30% as the combination of Chinese and U.S. data weighed on the price. Because of these numbers, light crude declined temporarily below its nearest support zone and closed the day slightly above it for the second day in a row. Will we see a breakdown or a rebound from here?

  • Oil Trading Alert: Crude Oil – Sinking or Bouncing?

    July 1, 2014, 7:38 AM

    On Monday, crude oil lost 0.21% as mixed U.S. economic data weighed on investors’ sentiment. In this way, light crude tested the strength of its nearest support zone and closed the day slightly above it. Is this as positive sign as it seems at the first glance?

  • Oil Trading Alert: Crude Oil – Breakdown or Trap?

    June 30, 2014, 8:00 AM

    Although crude oil moved little higher on Friday, hitting an intraday high of $106.19, the commodity reversed and posted its second weekly loss in three weeks as the immediate threat of losing Iraqi oil supply due to violence in the country faded. As a result, light crude closed the week below the medium-term support. Will it trigger further deterioration?

  • Oil Trading Alert: Crude Oil – Third Time Lucky?

    June 27, 2014, 9:16 AM

    On Thursday, crude oil lost 1.08% as Wednesday’s disappointing readings on supply-demand fundamentals, U.S. gross domestic product data in combination with U.S. consumer spending and weekly jobless claims numbers triggered a sharp decline. As a result, light crude tested the strength of the support zone once again. Will oil bears be able to break it this time?

  • Oil Trading Alert: Crude Oil – One-Day Rally or Something More

    June 26, 2014, 9:27 AM

    On Wednesday, crude oil moved higher as news that the U.S. government has allowed some exports of a form of ultra light oil supported the price. However, the commodity gave up some gains after disappointing the EIA weekly report. In this way, light crude declined below the strong resistance zone once again. Is it time for a sizable downswing?

  • Oil Trading Alert: Crude Oil – Support vs. Resistance

    June 25, 2014, 7:07 AM

    On Tuesday, crude oil moved higher as stronger than expected U.S. data boosted demand for the commodity. However, light crude reversed as investors sold it for profits for a second session in a row. Because of these circumstances, crude oil declined to its nearest support zone. Will oil bears be strong enough to push the price below it?

  • Oil Trading Alert: Crude Oil – Bearish Signs on the Horizon

    June 24, 2014, 11:12 AM

    Although crude oil moved higher after the market’s open supported by better than expected Chinese and U.S. data, the commodity reversed and declined sharply as investors sold the commodity for profits. As a result, light crude invalidated earlier breakout and finished the day slightly above $106 per barrel. What other bearish signs sprung up on the horizon?

  • Oil Trading Alert: Crude Oil –Higher Short-Term, Lower Longer-Term?

    June 23, 2014, 10:33 AM

    On Friday, crude oil gained 0.54% as ongoing worries over the potential of supply disruptions from Iraq continued to weigh on the price. As a result, light crude climbed above the resistance line, invalidating earlier breakdown. Will this bullish factor trigger further improvement in the short term?

  • Oil Trading Alert: Crude Oil - Has Anything Changed?

    June 20, 2014, 9:24 AM

    Although crude oil declined after the market’s open, the combination of ongoing concerns over a disruption to supplies from Iraq and upbeat U.S. data supported the commodity and pushed it higher. Did this one-day rally change anything in the very short-term picture?

  • Oil Trading Alert: Oil Bears in Charge

    June 19, 2014, 4:29 AM

    On Wednesday, crude oil lost 0.53% after the EIA showed in its weekly report that oil inventories fell less than expected in the week ended June 13. As a result, light crude extended its decline below the medium-term support line. Where the commodity head next?

  • Oil Trading Alert: Crude Oil – Breakdown or Trap?

    June 18, 2014, 11:12 AM

    On Tuesday, the price of crude oil wobbled between gains and losses throughout the session as mixed data and profit taking weighed on investors’ sentiment. As a result, light crude reversed after an increase to the resistance zone and declined below an important medium-term support line. Will this event be strong enough to trigger a sizable correction?

  • Oil Trading Alert: Crude Oil - The Short-Term Consequences of The Long-Term Resistance

    June 17, 2014, 6:53 AM

    Although light crude moved higher after the market’s open supported by ongoing concerns over the situation in Iraq, the commodity reversed and lost 0.18% as the International Monetary Fund cut its forecast for U.S. economic growth this year. In this way, crude oil reached the previously-broken medium-term support/resistance line. Will we see an invalidation of the breakout in the coming days?

  • Oil Trading Alert: Crude Oil Meets Resistance Zone

    June 16, 2014, 10:50 AM

    On Friday, crude oil extended gains and hit a fresh nine-month high, supported by the deteriorating situation in Iraq. Thanks to these circumstances, light crude climbed to its next resistance zone. Will oil bulls be strong enough to break it in the near future?

  • Oil Trading Alert: Crude Oil – Strong Bullish Action

    June 13, 2014, 9:00 AM

    On Thursday, crude oil gained 2.26% as investors focused on escalating violence in Iraq, ignoring bearish U.S. data. As a result, light crude climbed to its highest level in nine months, hitting an intraday high of $106.95 and breaking above important resistance lines. How high can crude oil go in the near future?

  • Oil Trading Alert: Crude Oil – Technical Juncture

    June 12, 2014, 8:08 AM

    On Wednesday, crude oil moved higher supported by a drop in crude oil inventories. Despite this improvement, the commodity reversed and decline as gasoline and diesel supplies weighted on the price. Thanks to these circumstances, light crude climbed above its important resistance, but then reversed for the second day in a row. Third time lucky?

  • Oil Trading Alert: Crude Oil – Worrying Signs From Charts

    June 11, 2014, 11:04 AM

    Although crude oil hit a fresh three-month high supported by expectations that the EIA data would show that U.S. supplies fell for a second straight week last week, the commodity reversed and finished the day with a loss of 0.25%. Thanks to these circumstances, crude oil invalidated a breakout above the medium-term resistance line. Are there any other bearish technical factors on the horizon?

  • Oil Trading Alert: Crude Oil – One-day Rally or Something More?

    June 10, 2014, 10:22 AM

    On Monday, crude oil gained 1.70% as the combination of Friday's solid U.S. jobs report and upbeat Chinese export data weighted on the price. In reaction to these numbers, light crude rebounded sharply and reached the medium- and short-term resistance lines. Will they be strong enough to stop oil bulls’ charge?

  • Oil Trading Alert: How High Can Crude Oil Go?

    June 9, 2014, 12:35 PM

    The crude oil market moved higher once again today, but has it moved high enough to change anything? Is the picture now really bullish? Is it worth betting on further price increases? You'll find our views in today's Oil Trading Alert.

  • Oil Trading Alert: Crude Oil Meets Key Support

    June 6, 2014, 10:30 AM

    On Thursday, after the market’s open crude oil hit a 2-week low as bearish supply data continued to weigh. However, the commodity reversed as slightly better-than expected U.S. job data supported the price. As a result crude oil reached its major support line. Will it encourage oil investors to push the buy button?

  • Oil Trading Alert: Crude Oil – Bearish Roller Coaster

    June 5, 2014, 10:16 AM

    On Wednesday, crude oil moved higher supported by a drop in crude oil inventories. Despite this improvement, the commodity reversed and decline, losing 0.44% as gasoline and diesel supplies weighted on the price. Thanks to these circumstances, light crude came back to ist important support, but will it withstand once again?

  • Oil Trading Alert: Trading in a Narrow Range – For Now

    June 4, 2014, 10:40 AM

    On Tuesday, crude oil gained 0.38% as U.S. car makers reported strong sales, indicating stronger demand for gasoline. Despite this small increase, the commodity was trading near the previous session’s low. Will we see a consolidation before next sizable move?

  • Oil Trading Alert: Which Way Next for Crude Oil

    June 3, 2014, 7:30 AM

    On Monday, crude oil moved higher after the market’s open supported by the upbeat Chinese manufacturing data. Despite this improvement, the commodity reversed after a disappointing U.S. manufacturing report as profit taking weighted on the price. In reaction to this, light crude lost 0.42% and declined to the medium-term support line. Will it be strong enough to stop further deterioration?

  • Oil Trading Alert: Crude Oil for the Bulls or Bears?

    June 2, 2014, 10:49 AM

    On Friday, crude oil lost 0.61% as disappointing U.S. economic data and profit taking weighted on the price. Thanks to these circumstances, light crude declined below $103, approaching its first downside target. What’s next?

  • Oil Trading Alert: Crude Oil – Breakdown or Failure?

    May 30, 2014, 11:15 AM

    On Thursday, crude oil gained 0.42% as the EIA report showed a larger-than-expected drop in U.S. gasoline supplies and shrinking inventories in the Oklahoma. These positive numbers overweighed bigger-than-expected build in crude oil stocks and pushed the commodity to the previously-broken support/resistance line. Is this the beginning of further improvement or just a verification of the breakdown?

  • Oil Trading Alert: Crude Oil - Seeds Of Change Growing

    May 29, 2014, 9:40 AM

    On Wednesday, crude oil lost 1.04% on expectations for a bearish supply report from the EIA as imports rebounded from a 17-year low. Because of these circumstances, light crude closed the day below its important support. Is it enough to trigger another sizable downswing?

  • Oil Trading Alert: Crude Oil - Some Negative Signs

    May 28, 2014, 8:24 AM

    On Tuesday, crude oil lost 0.22% as a stronger U.S. dollar weighted on the price. In this way, light crude reversed, invalidating the breakout above an important resistance line. What does this show of weakness mean for the very short-term picture?

  • Oil Trading Alert: Crude Oil Meets Resistance Lines

    May 27, 2014, 11:03 AM

    On Friday, crude oil gained 0.61% as better-than-expected data on U.S. home sales supported the price. Thanks to this news, light crude broke above the resistance line, reaching another. Will oil bulls be strong enough to break it too?

  • Oil Trading Alert: Crude Oil – Calm Before The Storm

    May 23, 2014, 6:12 AM

    On Thursday, crude oil shuffled between small gains and losses as investors weighed economic data from two largest oil consumer nations. Because of these circumstances, light crude has been trading in the narrow range. North or south? Who has more technical arguments?

  • Oil Trading Alert: Which Way Next for Crude Oil?

    May 22, 2014, 9:51 AM

    On Wednesday, crude oil gained 0.84% as the EIA report showed a larger-than-expected drop in crude-oil supplies. Thanks to this bullish news, light crude broke above the lower border of the rising trend channel and reached the key resistance line. What’s next? Are there any other encouraging signs on the horizon?

  • Oil Trading Alert: Crude Oil - Similarity to mid-April

    May 21, 2014, 8:29 AM

    On Tuesday, crude oil gained 0.80% as ongoing worries that geopolitical tensions in Ukraine and Libya will disrupt global supply supported the price. Thank to these circumstances, light crude climbed to a four-week high and broke above one of the medium-term resistance lines. Does this show of strength mean that oil bears lost all their technical arguments?

  • Oil Trading Alert: Crude Oil At Key Resistance Lines

    May 20, 2014, 8:03 AM

    On Monday, crude oil rose after the market’s open as the combination of a weaker U.S. dollar and ongoing worries over a supply interruptions from Russia and Libya weighted on the price. In this way, light crude climbed above $102, reaching the medium-term resistance line once again. Is it enough to trigger another sizable downswing?

  • Oil Trading Alert: Crude Oil - At Crossroads

    May 19, 2014, 8:15 AM

    On Friday, crude oil gained 0.61% as strong U.S. economic data and ongoing worries over the crisis in Ukraine weighted on the price. Thanks to these circumstances, light crude came back above $102, but does this growth change the short-term outlook for the commodity?

  • Oil Trading Alert: Worrying Signals For Oil Bulls

    May 16, 2014, 7:16 AM

    On Thursday, crude oil slipped from a three-week high and lost 0.50% as weak U.S. and global economic numbers pushed the price lower. As a result, light crude closed the day below $102, stepping back from the resistance zone. Does it mean that the recent rally in crude oil running out of steam?

  • Oil Trading Alert: Crude Oil – Fundamental Factors vs. Technical Resistance

    May 15, 2014, 11:14 AM

    On Wednesday, crude oil climbed to a three-week high as upbeat wholesale pricing data and the EIA report, which showed an unexpected increase in demand for petroleum products, supported the price. Thanks to this news, light crude climbed above $102 once again and reached an important resistance zone. Will it stop bulls’ charge?

  • Oil Trading Alert: Oil Bulls In Charge – For Now

    May 14, 2014, 9:59 AM

    On Tuesday, crude oil gained 1.34% as worries over the situation in Ukraine and concerns about the success of the agreement between Libya and rebels outweighed disappointing Chinese and U.S. data. In reaction to this, light crude climbed above $102 and approached the next resistance zone. What’s next?

  • Oil Trading Alert: Ukraine, Sanctions and Crude Oil - The Link Tightens

    May 13, 2014, 7:22 AM

    On Monday, crude oil gained 0.55% on concerns that the West could impose sanctions on Russia after a referendum by pro-Russian separatists in eastern Ukraine over the weekend. In this environment, light crude moved higher and invalidated the breakdown below the 200-day moving average. Did it change anything in the overall outlook?

  • Oil Trading Alert: Breakthrough in Crude Oil – Only A Matter Of Time

    May 12, 2014, 10:28 AM

    On Friday, crude oil hit an intraday high of $101.18 supported by ongoing concerns over tensions in Ukraine. Despite this improvement, the commodity reversed and lost 0.20% as weaker-than-expected economic data from China and a stronger dollar weighted on the price. Because of these circumstances, light crude erased earlier gains and temporarily slipped below the psychological barrier of $100 once again. Is it enough to trigger another sizable downswing?

  • Oil Trading Alert: Crude Oil - Sinking or Rebounding?

    May 9, 2014, 10:06 AM

    On Thursday, crude oil climbed to an intraday high of $100.93 supported by the upbeat U.S. and Chinese data. However, later in the day, the commodity gave up the gains as traders who had bet on higher price locked in their profits after Wednesday's rally. As a result, light crude temporarily slipped below the psychological barrier of $100 once again. It is possible that we will not see crude oil above $101 in the coming days?

  • Oil Trading Alert: Crude Oil – Third Time Lucky

    May 8, 2014, 11:43 AM

    On Wednesday, crude oil gained 0.99% as the EIA report showed an unexpected drop in crude-oil supplies. Thanks to this bullish news, after two failed attempts, light crude came back above the key level of $100 and invalidated the breakdown below one of the resistance lines. Are there any other encouraging signs on the horizon?

  • Oil Trading Alert: Crude Oil - Another Show of “Strength”

    May 7, 2014, 11:00 AM

    On Tuesday, crude oil gained 0.48% as a weaker dollar and ongoing concerns over tensions between Russia and Ukraine weighted on the price. Thanks to these circumstances, the price of light crude climbed above $100 once again. Did this show of “strength” invalidate any of bearish technical factors that we noticed in the previous week?

  • Oil Trading Alert: The Moment of Truth for Crude Oil Is Just Around the Corner

    May 6, 2014, 10:35 AM

    On Monday, crude oil climbed above $100 per barrel supported by the upbeat U.S. service sector data. Despite this improvement, the commodity reversed and lost 0.54% as weaker-than-expected economic data from major crude consumer China weighted on investors’ sentiment. In this way, light crude closed the day below the psychological barrier for the fourth time in a row. Is it enough to trigger another sizable downswing?

  • Oil Trading Alert: Crude Oil - One Swallow Doesn't Make a Summer

    May 5, 2014, 10:47 AM

    On Friday, crude oil gained 0.72% as stronger-than-expected U.S. employment data and ongoing concerns over tensions between Russia and Ukraine weighted on the price. In this way, light crude rebounded and hit an intraday high of $100.14. Did this rally change anything in the overall outlook?

  • Oil Trading Alert: Crude Oil - Increased Volatility Ahead

    May 2, 2014, 9:56 AM

    On Thursday, crude oil lost 0.48% as investors weighed economic data from two largest oil consumer nations and the increase in U.S. crude oil inventories. Because of these circumstances, light crude hit a 6-week low and reached a support level. Will all bearish technical factors push the price lower?

  • Oil Trading Alert: Breakdown’s Tradable Result

    May 1, 2014, 5:47 AM

    In yesterday's Oil Trading Alert we wrote that there will be no alert today, but we decided to provide you with this alert anyway, because we think we saw something particularly important on the crude oil market. Namely, we saw a significant move lower and a close below the psychologically important $100 level and we think this provides us with a great trading opportunity.

  • Oil Trading Alert: Breakout Failed - Will the Breakdown Last?

    April 30, 2014, 8:36 AM

    On Tuesday, crude oil came back above $102 on ongoing concerns that tensions between Russia and the West could lead to stronger sanctions and disturb exports from Russia. However, the commodity erased earlier gains as disappointing data and prospects for increased exports from Libya weighted on the price. Thanks to these circumstances, light crude closed the day below important medium-term line once again. Will the consequences of this event be bearish enough to push the price below the key level of $100?

  • Oil Trading Alert: We May Finally See Some Real Action

    April 29, 2014, 8:03 AM

    On Monday crude oil declined to its lowest level since Apr.7 as sanctions against Russia and Libya supply prospects weighted on the price. Although the commodity rebounded later in the day, it still remains below the previously-broken important lines. Are they strong enough to trigger further deterioration?

  • Oil Trading Alert: Other Bearish Arguments and Their Implications for Crude Oil

    April 28, 2014, 12:05 PM

    On Friday, the price of light crude declined from $102 as concerns over domestic supplies encouraged oil investors to sell the commodity for profits. Will the psychological barrier of $100 withstand the selling pressure in the following days?

  • Oil Trading Alert: Crude Oil - Looking for Clues Before Next Move

    April 25, 2014, 6:09 AM

    On Thursday, crude oil rebounded from a 2-week low as better-than-expected U.S. economic data, Ukraine tensions and potential Libyan supply disruptions weighted on the price. Despite this bullish combination, light crude didn’t shoot up sharply. Does it mean that benefiting from the fundamental factors waned? If so, what’s next?

  • Oil Trading Alert: Crude Oil Extends Losses, but the $100 Barrier Holds - For Now

    April 24, 2014, 6:54 AM

    On Wednesday, crude oil lost 0.25% after the EIA showed in its weekly report that crude stockpiles rose more-than-expected last week and stood at their highest level in 83 years. In reaction to this, light crude extended losses and dropped to slightly above $101 per barrel. Will the proximity to the psychological barrier of $100 encourage oil bulls to act in the near future?

  • Oil Trading Alert: How Far Down Could Crude Oil Go?

    April 23, 2014, 11:27 AM

    On Tuesday, crude oil lost 1.78% as concerns over another build in U.S. crude oil inventories overshadowed ongoing fears over tensions between Russia and Ukraine. Because of these circumstances, light crude declined sharply and invalidated the breakout above the medium-term resistance line. Will this strong bearish signal trigger further deterioration in the coming days? Which important support could stop sellers?

  • Oil Trading Alert: Small, Post-Breakout Decline and Its Implications

    April 22, 2014, 11:04 AM

    On Monday, crude oil moved higher as better-than-expected economic data and ongoing concerns over the Ukraine crisis weighted on the price. Despite these circumstances, light crude reversed and lost 0.23%. Does this mean that investor sentiment waned or can we still see a sizable upswing in the near future?

  • Oil Trading Alert: Will News from Ukraine Push Crude Oil Above $105?

    April 18, 2014, 10:04 AM

    On Thursday, crude oil gained 0.76% as the escalating conflict in Ukraine weighted on the price. Thanks to this news, light crude bounced off an important support/resistance line. Will it increase further with the tensions in the background? Does yesterday growth change the outlook for the commodity?

  • Oil Trading Alert: Crude Oil Wavers. Will it Drop or Increase from Here?

    April 17, 2014, 6:55 AM

    On Wednesday, the price of light crude shuffled between gains and losses as investors weighed economic data from China, the increase in U.S. crude oil inventories and rising tensions between Russia and Ukraine. Because of these circumstances, light crude hit a 6-week high, but then reversed and gave up all earlier gains. Will oil bulls find support with the tensions in the background? Or maybe, the biggest one-week build in crude oil supplies will encourage oil bears to show their claws. Who has more technical arguments?

  • Oil Trading Alert: Oil Bulls Win for Now, but Will This Last?

    April 16, 2014, 9:26 AM

    On Tuesday, crude oil gained 0.22% as stronger-than-expected U.S. economic data weighted on the price. Thanks to these solid numbers, the commodity closed the day above the medium-term resistance line, but how reliable this breakout is?

  • Oil Trading Alert: Crude Oil - Another Failed Breakout. Third Time Lucky?

    April 15, 2014, 7:21 AM

    On Monday, crude oil gained 0.22% and hit a fresh five-week high as better-than-expected U.S. economic data and concerns over stability in Ukraine and Libya weighted on the price. Thanks to these circumstances, light crude broke above the medium-term resistance line, but then declined below it for the second day in a row. Third time lucky?

  • Oil Trading Alert: Is Recent Rally in Crude Oil Running Out of Steam?

    April 14, 2014, 8:17 AM

    On Friday, crude oil hit a fresh five-week high as better-than-expected U.S. macroeconomic data weighted on the price. Despite this improvement, light crude gave up the gains and reversed as day before. Is the recent rally in crude oil running out of steam?

  • Oil Trading Alert: Crude Oil - Calm Before the Storm?

    April 11, 2014, 10:19 AM

    On Thursday, crude oil slipped little lower as weaker-than-expected Chinese data and an increase in domestic oil reserves weighed on the price. Although light crude hit a fresh five-week high, oil bulls didn’t manage to hold gained levels. Does it mean that they waned? What can we infer from the size of the volume?

  • Oil Trading Alert: Crude Oil Hits 5-week High. Will It Climb Any Further?

    April 10, 2014, 8:21 AM

    On Wednesday, crude oil gained 1.06% as geopolitical concerns and the dollar's decline offset a larger-than-expected increase in U.S. crude-oil stockpiles. Because of these circumstances, light crude hit a five week high. Can it climb higher in the nearest future? Are there any technical factors that can stop oil bulls? If you want to know our take on these questions, we invite you to read our today's Oil Trading Alert.

  • Oil Trading Alert: Yesterday’s Price Action in Crude Oil: Breakout or Fakeout?

    April 8, 2014, 10:26 AM

    On Monday, crude oil lost 0.33% on expectations that the reopening of two export terminals in Libya would increase the global supply of light crude. Thanks to this news, crude oil slipped below important support levels, but then reversed. Did this sharp moves change anything in the short-term outlook? We invite you to read our today's Oil Trading Alert.

  • Oil Trading Alert: Important Resistance Broken. What’s Next?

    April 7, 2014, 12:34 PM

    Crude oil gained 0.63% on Friday as solid jobs report and doubts over the oil export from Libya pushed the price higher. In this way, light crude broke above an important resistance level and closed the day above $101 per barrel. Will crude oil extend gains in the near future? If you want to know our take on this question, we invite you to read our today's Oil Trading Alert.

  • Oil Trading Alert: Crude Oil Came Back Above $100

    April 4, 2014, 9:27 AM

    On Thursday, crude oil gained 1.17% as positive service sector data and doubts over the oil export from Libya pushed the price higher. In this way, light crude erased all Wednesday losses and closed the day above $100 per barrel.

  • Oil Trading Alert: Crude Oil Extends Losses

    April 3, 2014, 5:48 AM

    On Wednesday, crude oil lost 0.42% as fears about sluggish demand and talks between the Libyan government and protestors weighted on the price. Because of these circumstances, light crude declined for the third time in a row and closed the day slightly above $99 per barrel.

  • Oil Trading Alert: Crude Oil Drops Below $100

    April 2, 2014, 9:44 AM

    On Tuesday, crude oil lost 1.84% as expectations for an eleventh straight weekly increase in domestic crude stockpiles weighed on the price. In this way, light crude declined below $100 a barrel for the first time in a week and closed the day at $99.69.

  • Oil Trading Alert: Crude Oil Remains Steady

    April 1, 2014, 8:33 AM

    On Monday, crude oil lost 0.07% as manufacturing activity in the Chicago-area slowed to the weakest level since August in March and Federal Reserve Chair Janet Yellen commentary weighted on the price. Despite these circumstances, light crude closed the day above $101 once again.

  • Oil Trading Alert: Crude Oil Hits Fresh 2-week High

    March 31, 2014, 7:41 AM

    On Friday, crude oil gained 0.31% as upbeat U.S. personal spending data weighted on the price. Thanks to these numbers, light crude extended gains and closed the day above $101 per barrel once again.

  • Oil Trading Alert: Crude Oil Extends Gains

    March 28, 2014, 9:32 AM

    On Thursday, crude oil gained 1.03% as stronger-than-expected U.S. economic data weighted on the price. Thanks to these numbers, light crude closed the day above $101 per barrel and broke above an important resistance.

  • Oil Trading Alert: Crude Oil Breaks Above $100

    March 27, 2014, 11:59 AM

    On Wednesday, crude oil gained 1.09% as stronger-than-expected data on U.S. durable goods orders weighted on the price. In this way, light crude closed the day above the psychological barrier of $100 for the first time since March 10.

  • Oil Trading Alert: Crude Oil Still Below $100

    March 26, 2014, 6:18 AM

    On Tuesday, crude oil lost 0.21% on continued concerns over a slowdown in China and weakness in the U.S. housing sector. Because of these circumstances, light crude erased earlier gains and declined below the psychological barrier of $100 per barrel once again.

  • Oil Trading Alert: Crude Oil Still Below $100

    March 25, 2014, 9:50 AM

    On Monday, crude oil lost 0.13% as weaker than expected manufacturing data weighted on the price. In this way, light crude slipped under $100 per barrel and closed the day below this important barrier once again.

  • Oil Trading Alert: Crude Oil Still Remains Below Important Resistance

    March 24, 2014, 8:33 AM

    On Friday, crude oil gained 0.95% as concerns about economic sanctions against Russia weighted on the price. In this way, light crude climbed above $100 for the first time since March 11. Despite this increase, crude oil gave up the gains in the following hours and finished the day below this important barrier once again.

  • Oil Trading Alert: Crude Oil Still Remains Below $100

    March 21, 2014, 8:37 AM

    On Thursday, crude oil lost 0.52% on continued concerns about high domestic supplies and a strong U.S. dollar. Because of these circumstances, light crude finished the day below $99 per barrel.

  • Oil Trading Alert: Crude Oil Still Remains In Consolidation

    March 20, 2014, 10:20 AM

    On Wednesday, crude oil rose after the EIA showed in its weekly report a much larger-than-expected drop in petroleum-product stockpiles. An additional bullish factor which pushed the price higher was an announcement that the Federal Reserve would further reduce its bond-buying program. Despite these positive circumstances, light crude finished the day 43 cents below Tuesday closing price.

  • Oil Trading Alert: Crude Oil Remains In Consolidation

    March 19, 2014, 7:57 AM

    On Tuesday, crude oil gained 1.60% after an information that a pipeline connecting Oklahoma storage with Gulf Coast refineries will be open sooner than previously expected. Thanks to this news, light crude rebounded, finishing the day above $99 per barrel.

  • Oil Trading Alert: Crude Oil - Trading In Narrow Range

    March 18, 2014, 10:21 AM

    On Monday, crude oil lost 1.03% as tensions between Russia and Ukraine eased and U.S. manufacturing activity data disappointed investors. Because of these circumstances, light crude reversed and closed the day slightly below $98 per barrel.

  • Oil Trading Alert: Crude Oil Still Remains Below $100

    March 17, 2014, 10:47 AM

    On Friday, crude oil gained 0.78% as Sunday's closely-watched referendum in Ukraine’s Crimea region and the IEA forecast weighted on the price. Thanks to these circumstances, light crude extended gains and closed the day slightly above $99 per barrel. Despite this growth, crude oil lost 3.56% in the previous week and this was the second weekly loss in nine weeks.

  • Oil Trading Alert: Crude Oil Remains Below $100

    March 14, 2014, 11:06 AM

    On Thursday, crude oil gained 0.17% after stronger-than-expected data on U.S. retail sales and initial jobless claims data. In this way, light crude rose for the first time in four days and closed the day above $98 per barrel once again.

  • Oil Trading Alert: Crude Oil Extends Losses

    March 13, 2014, 6:44 AM

    On Wednesday, crude oil lost 1.46% after the EIA showed in its weekly report a much larger-than-expected build in domestic stockpiles. An additional bearish factor which pushed the price lower was an announcement that the U.S. government plans to sell oil from its Strategic Petroleum Reserve. Thanks to this news, light crude dropped to its lowest level since Feb.7, finishing the day slightly above $98 per barrel.

  • Oil Trading Alert: Crude Oil Drops Below $100

    March 12, 2014, 11:13 AM

    On Tuesday, crude oil lost 1.39% as concerns over a slowdown in China and rising U.S. stockpiles weighed on the price. Because of these circumstances, light crude declined below the psychological barrier of $100 per barrel for the first time since mid-February.

  • Oil Trading Alert: Crude Oil

    March 11, 2014, 11:14 AM

    On Monday, crude oil lost 1.69% as weaker-than-expected Chinese economic data (released over the weekend) weighed on the price. In this way, light crude declined below $101 per barrel and approached the December high.

  • Oil Trading Alert: Crude Oil Extends Gains

    March 10, 2014, 10:41 AM

    On Friday, crude oil gained 0.69% as stronger-than-expected U.S. employment data weighted on the price. Thanks to these news, light crude erased 50% of the recent decline and closed the day above $102 per barrel.

  • Oil Trading Alert: Crude Oil Erases Losses

    March 7, 2014, 9:35 AM

    On Thursday, crude oil gained 0.97% as solid U.S. jobless claims data weighted on the price. In this way, light crude rose for the first time in three days and erased 38.2% of the recent decline, finishing the day slightly below $102 per barrel.

  • Oil Trading Alert: Crude Oil Declines Sharply

    March 6, 2014, 9:35 AM

    On Wednesday, crude oil lost 2.27% as tensions cooled in Ukraine and U.S. supply data missed investors’ expectations. Because of these circumstances, light crude erased all its gains from Monday's jump and dropped below $101 per barrel.

  • Oil Trading Alert: Crude Oil Hits Gives Up Gains

    March 5, 2014, 8:03 AM

    On Tuesday, crude oil lost 1.46% as market fears over Ukrainian geopolitical tensions eased after Russian President Vladimir Putin statement. These circumstances encouraged investors to lock in gains and pushed light crude to slightly above $103 per barrel.

  • Oil Trading Alert: Crude Oil Hits Fresh Monthly High

    March 4, 2014, 6:40 AM

    On Monday, crude oil gained 2.04% as positive U.S. economic data weighted on the price. In this way, light crude extended gains and broke above the February high, finishing the day slightly below $105 per barrel.

  • Oil Trading Alert: Crude Oil Still Remains in Narrow Range

    March 3, 2014, 8:46 AM

    On Friday, crude oil gained 0.59% as the U.S. dollar weakened against the euro after the release of positive euro zone economic reports and disappointing data from the Commerce Department. In this way, light crude erased Thursday losses and closed the day above $102 per barrel once again.

  • Oil Trading Alert: Crude Oil Remains in Narrow Range

    February 28, 2014, 9:16 AM

    On Thursday, crude oil lost 0.42% after weaker-than-expected U.S. jobless claims and forecasts for warmer weather in early March pushed the price lower. In this way, light crude erased some of Wednesday gains and closed the day slightly above $102 per barrel.

  • Oil Trading Alert: Crude Oil Moves Higher

    February 27, 2014, 7:27 AM

    On Wednesday, crude oil gained 0.75% after the EIA data showed that crude inventories rose less than expected and better-than expected economic data. In this way, light crude rebounded and closed the day above $102 per barrel.

  • Oil Trading Alert: Crude Oil Gives Up Gains

    February 26, 2014, 10:11 AM

    On Tuesday, crude oil lost 0.96% as disappointing U.S. consumer confidence data and forecasts for warmer weather in early March weighted on the price. Thanks to these news, light crude declined and closed the day below $102 per barrel for the first time since mid-February.

  • Oil Trading Alert: Crude Oil Hits Fresh February High

    February 25, 2014, 8:52 AM

    On Monday, crude oil erased Friday’s losses and gained 0.51% as expectations of strong demand for heating fuels refined from crude oil and supply concerns pushed the price higher. Thanks to these circumstances, light crude hit a 20-week high of $103.45 per barrel.

  • Oil Trading Alert: Crude Oil Dips Once Again

    February 24, 2014, 9:38 AM

    On Friday, crude oil lost 0.54% after disappointing U.S. home sales data weighted on the price. Despite this drop, light crude closed the day above $102 per barrel and climbed 1.89% during the last week (it was the sixth consecutive weekly gain).

  • Oil Trading Alert: Crude Oil Declines Slightly

    February 21, 2014, 8:26 AM

    On Thursday, crude oil moved lower as the U.S. dollar straighten after solid U.S. economic data and stocks of distillates fell less-than-expected. Despite this small drop, light crude still remains near a 4-month high, slightly below $103 per barrel.

  • Oil Trading Alert: Crude Oil Extends Gains

    February 20, 2014, 10:43 AM

    On Wednesday, crude oil climbed to another 2014 high as expectations of strong demand for heating fuels refined from crude oil still weighted on the price. In this way, light crude gained 0.28%, finishing the day slightly below $103 per barrel.

  • Oil Trading Alert: Crude Oil Hits Fresh 4-Month High

    February 19, 2014, 7:25 AM

    On Tuesday, crude oil gained 2.74% as weaker-than-expected U.S. data, expectations of strong demand for heating fuels and supply concerns pushed the price higher. Thanks to these circumstances, light crude climbed above $103 per barrel and hit a fresh 4-month high.

  • Oil Trading Alert: Crude Oil Still Remains Above $100

    February 18, 2014, 7:44 AM

    On Monday, U.S. markets were shut for the President’s Day holiday. Therefore, what we wrote in our last Oil Trading Alert about the situation in crude oil is still up-to-date and today we’ll focus only on the technical changes in WTI Crude Oil.

  • Oil Trading Alert: Crude Oil Still Remains Above $100.

    February 17, 2014, 9:28 AM

    On Friday, crude oil moved lower as U.S. economic data and profit taking weighted on the price. Despite a temporary drop, light crude reversed and erased losses closing the day above $100 per barrel.

  • Oil Trading Alert: Crude Oil Remains Above $100.

    February 14, 2014, 9:55 AM

    On Thursday, crude oil declined after disappointing U.S. economic data, but reversed and erased earlier losses on expectations that an intense winter storm across the East Coast will increase demand for heating oil.

  • Oil Trading Alert: Crude Oil Hits Fresh Monthly High

    February 13, 2014, 11:57 AM

    On Wednesday, crude oil rose on better-than expected economic data from China and climbed to its highest level since late October. Despite an increase to a fresh monthly high, light crude reversed after the EIA data showed that crude inventories rose more than expected. In this way, crude oil lost 0.11%, but closed the day above $100 per barrel.

  • Oil Trading Alert: Crude Oil Hits Fresh Monthly High

    February 12, 2014, 10:02 AM

    On Tuesday, crude oil gained 0.42% as Federal Reserve Chair Janet Yellen signaled that the Fed will likely continue tapering monthly bond purchases if the economy improves. Thanks to this news, light crude hit a fresh six-week high and closed the day above $100 once again.

  • Oil Trading Alert: Crude Oil Hits Fresh Monthly High

    February 11, 2014, 6:30 AM

    On Monday, crude oil extended gains and hit a fresh six-week high before pulling back on forecasts for slightly warmer weather. Thanks to this news, light crude lost 0.17% and closed the day at the psychological barrier of $100 per barrel.

  • Oil Trading Alert: Crude Oil Hits Fresh Monthly High

    February 10, 2014, 10:26 AM

    On Friday, crude oil gained 2.27% as the U.S. dollar weakened against major currencies after a monthly U.S. employment report came in weaker than expected. Thanks to this circumstances, light crude extended gains and rose above $100 per barrel for the first time in more than a month.

  • Oil Trading Alert: Crude Oil Hits 1-month High

    February 7, 2014, 8:15 AM

    On Thursday, crude oil gained 0.65% as the U.S. dollar weakened against the euro and better-than-expected U.S. jobless claims pushed the price higher. In this way, light crude erased Wednesday losses and hit a one-month high of $98.83 per barrel.

  • Oil Trading Alert: Crude Oil Gives Up Earlier Gains

    February 6, 2014, 6:19 AM

    On Wednesday, crude oil climbed above $98 after the EIA data showed that crude inventories rose less than expected and better-than expected economic data. Despite this increase, light crude reversed and erased some of the gains later in the day.

  • Oil Trading Alert: Crude Oil Erases Losses

    February 5, 2014, 10:46 AM

    On Tuesday, crude oil climbed for the first time in three days and gained 1.13% as expectations of Cushing supply decline and worries about another cold spell, which can increase heating oil demand pushed the price higher. In this way, light crude rebounded and came back well above $97 per barrel.

  • Oil Trading Alert: Crude Oil Extends Declines

    February 4, 2014, 10:50 AM

    On Monday, crude oil lost 0.84% as weaker-than-expected U.S. and Chinese economic data fueled concerns over crude oil demand. Thanks to this news, light crude closed the day below $97 for the first time since Jan.27.

  • Oil Trading Alert: Crude Oil Declines from Four-Week High

    February 3, 2014, 11:49 AM

    On Friday, crude oil erased Thursday’s gains as tepid economic growth in Europe and emerging markets fueled concerns over oil demand. Despite this drop, light crude climbed 0.58% during the last week (it was the third consecutive weekly gain) and remains above $97 per barrel.

  • Oil Trading Alert: Crude Oil Hits 4-week High

    January 31, 2014, 8:31 AM

    On Thursday, crude oil extended gains as the Commerce Department showed that the U.S. economy expanded 3.2% in the fourth quarter. Thanks to this news, light crude gained 0.62%, hit a 4-week high and closed the day above $98 per barrel.

  • Oil Trading Alert: Crude Oil Remains Near Last Week’s High

    January 30, 2014, 9:32 AM

    On Wednesday, crude oil extended losses as the EIA data showed that crude inventories rose more than expected. Despite this drop, light crude reversed and erased some of the declines after the Fed decided to cut $10 billion from its bond-buying program. Thanks to these news, crude oil gained 0.06% and closed the day above $97 once again.

  • Oil Trading Alert: Crude Oil Erases Losses

    January 29, 2014, 10:47 AM

    On Tuesday, crude oil gained 1.86% as data showed that the index of consumer confidence improved and colder-than-normal temperatures fueled concerns about oil distribution and tightening petroleum product supplies.

  • Oil Trading Alert: Crude Oil Extends Declines

    January 28, 2014, 11:05 AM

    On Monday, crude oil lost 1.31% as data showed that U.S. new home sales dropped more-than-expected in the previous month, fueling concerns over the economic outlook. Thanks to this news, light crude declined and closed the day slightly below $96 per barrel.

  • Oil Trading Alert: Crude Oil Declines Slightly

    January 27, 2014, 8:46 AM

    On Friday, crude oil lost 0.46% as concerns over slow economic growth in emerging markets weighed on the price. Despite this drop, crude oil gained almost 3% last week on higher fuel demand, the start-up of Transcanada's oil pipeline and bullish agency forecasts. Thanks to this news, light crude closed the week slightly below $97 per barrel.

  • Oil Trading Alert: Crude Oil Extends Gains

    January 24, 2014, 8:35 AM

    On Thursday, crude oil gained 0.65% as the EIA data showed that U.S. distillates stockpiles dropped more than expected last week, despite gains posted in oil and gasoline inventories. Thanks to this news, light crude extended its gains and hit a fresh three-week high of $97.84 per barrel.

  • Oil Trading Alert: Crude Oil Hits Fresh 3-week High

    January 23, 2014, 7:49 AM

    On Wednesday, crude oil gained 1.56% as a new pipeline began transporting 300,000 barrels of crude oil a day, reducing the amount of U.S. oil stuck in storage. Thanks to this news, light crude climbed to its fresh 3-week high and closed the day well above $96 per barrel.

  • Oil Trading Alert: Crude Oil Extends Gains

    January 22, 2014, 10:27 AM

    On Tuesday, crude oil gained 1.21% as the report from the International Energy Agency and forecast from the International Monetary Fund pushed the price higher. In this way, light crude hit a three-week high and closed the day above $95 per barrel.

  • Oil Trading Alert: Crude Oil Hits Fresh 2-week High

    January 20, 2014, 9:32 AM

    On Friday, crude oil lost 0.07% after mixed U.S. economic data. Despite this fact, light crude climbed 1.29% in the previous week and this was the first weekly gain in three weeks.

  • Oil Trading Alert: Crude Oil Remains Near 2-week High

    January 17, 2014, 9:59 AM

    On Thursday, crude oil lost 0.15% as profit taking after a two-day rally pushed the price lower. However, light crude erased most of earlier losses after upbeat U.S. economic data and closed the day slightly above $94 per barrel.

  • Oil Trading Alert: Crude Oil Extends Gains

    January 16, 2014, 7:42 AM

    On Wednesday, crude oil gained 1.76% as better-than expected U.S. economic data and a larger-than-expected drawdown in crude oil inventories pushed the price higher. Thanks to this, light crude came back above $94 per barrel.

  • Oil Trading Alert: Crude Oil Erases Monday’s Losses

    January 15, 2014, 10:53 AM

    On Tuesday, crude oil gained 1.23% as U.S. retail sales and core retail sales suggested continued improvement in the U.S. economy boding well for demand. Thanks to this news, light crude rebounded closing day above $92 per barrel.

  • Oil Trading Alert: Crude Oil Declines Once Again

    January 14, 2014, 11:02 AM

    On Monday, crude oil lost 1.45% as concerns that the deal between the West and Iran over its nuclear program weighted on the price. In this way, light crude declined to slightly above the monthly low and closed the day below $92 per barrel.

  • Oil Trading Alert: Crude Oil Rebounds Slightly

    January 13, 2014, 10:19 AM

    On Friday, crude oil gained 0.66% as speculation that the Fed will scale down its bond-buying program faded after weaker-than-expected U.S. jobs data. Thanks to that news light crude rebounded slightly and closed the day at $92.89.

  • Oil Trading Alert: Crude Oil Hits New Monthly Low

    January 10, 2014, 9:51 AM

    On Thursday, crude oil lost 0.29% and fell to a more-than-six-month low as expectations for the Federal Reserve to continue tapering its bond-buying program weighted on the price.

  • Oil Trading Alert: Crude Oil Rebounds

    January 9, 2014, 11:48 AM

    On Wednesday, crude oil lost 1.49% as the EIA data showed that U.S. gasoline and distillates stockpiles rose more than expected last week. Thanks to this news, light crude extended its decline and hit a fresh monthly low of $92.26 per barrel.

  • Oil Trading Alert: Crude Oil Rebounds

    January 8, 2014, 8:05 AM

    On Tuesday, crude oil gained 0.37% as concerns over oil flows from Iraq and Libya pushed the price higher. Additionally, light crude was supported by better-than-expected trade data out of the U.S. In this way, crude oil rose for the first time in six sessions and closed the day slightly below $94 per barrel.

  • Oil Trading Alert: Crude Oil Extends Its Decline

    January 7, 2014, 11:05 AM

    On Monday, crude oil lost 0.69% as expectations for an increase in oil supply from Libya and weaker than expected U.S. economic data pushed the price lower. With this drop, light crude extended the previous session‘s losses and hit a fresh monthly low of $93.20 per barrel.

  • Oil Trading Alert: Crude Oil Hits Fresh Monthly Low

    January 6, 2014, 12:00 PM

    On Friday, crude oil lost 1.25% as expectations for an increase in oil supply from Libya and concerns over a build-up in U.S. inventories weighted on the price. With this downward move, light crude extended the previous sessions losses and hit a fresh monthly low of $93.86 per barrel.

  • Oil Trading Alert: Crude Oil Declines Sharply

    January 3, 2014, 8:06 AM

    On Thursday, crude oil lost 3.30% as Libya prepared to restart a major oilfield and on speculation of a rise in crude oil inventories in the United States. Additionally, U.S. jobless claims fell less-than-expected, which added selling pressure. Thanks to this negative combination of factors, light crude declined sharply and hit a monthly low of $95.34.

  • Oil Trading Alert: Crude Oil Extends Decline

    January 2, 2014, 8:24 AM

    On Tuesday, crude oil lost 0.50% as profit taking and expectations for an increase in Libyan oil exports pushed the price lower. With this drop, light crude slipped below $99 per barrel.

  • Oil Trading Alert: Crude Oil Drops from Monthly High

    December 31, 2013, 10:22 AM

    On Monday, crude oil lost 0.98% as disappointing U.S. home sales figures and profit taking pushed the price lower. With this downswing light crude slipped below the psychologically important level of $100 per barrel.

  • Oil Trading Alert: Crude Oil Hits New Monthly High

    December 30, 2013, 8:05 AM

    On Friday, crude oil continued its rally and rose to a fresh monthly high after the EIA data showed a larger-than-expected drawdown in crude oil inventories. Thanks to this, light crude broke above the psychologically important level of $100 per barrel for the first time since Oct. 22.

  • Oil Trading Alert: Crude Oil Hits New Monthly High

    December 27, 2013, 10:20 AM

    On Thursday, crude oil continued its rally and rose to a nine-week high as weekly jobless claims report beat expectations and weighted on price. Light crude gained 0.45% and hit its intraday high of $99.70 per barrel.

  • Oil Trading Alert

    December 26, 2013, 12:52 PM

    On Tuesday, crude oil gained 0.50% as better-than-expected U.S. economic data pushed the price higher. Thanks to this, light crude erased Monday’s losses and came back above $99 per barrel.

  • Oil Trading Alert: Trading in Narrow Range

    December 24, 2013, 4:34 PM

    On Monday, crude oil lost 0.42% as consumer sentiment gauge missed expectations. Light crude fell for the first time in six sessions and closed the day below $99 per barrel.

  • Oil Trading Alert

    December 23, 2013, 10:57 AM

    On Friday, crude oil gained 0.37% on expectations that an improving U.S. economy could lead to increased oil demand. In this way, light crude closed the day above $99 and gained 2.73% in the previous week.

  • Oil Trading Alert: Crude Oil Hits Seven-week High

    December 20, 2013, 8:43 AM

    On Friday crude oil gained 1.20% as expectations that signs of an improving U.S. economy could translate to higher crude demand in the world's largest oil consumer. In this way, light crude extended its gains and hit a seven-week high of $99.48.

  • Oil Trading Alert: Crude Oil Gains as Inventories Fall

    December 19, 2013, 7:51 AM

    On Wednesday, crude oil gained 0.31% as the EIA data showed that U.S. crude oil inventories fell more than expected last week. However, in the following hours, light crude gave up some gains and closed the day slightly below $98 per barrel.

  • Oil Trading Alert: Trading in Narrow Range as Fed Decision Remains in Focus

    December 18, 2013, 9:41 AM

    On Tuesday, crude oil was trading in a narrow range as oil investors tried to puzzle out the impact of inflation data from the U.S. Light crude hit its intraday high of $98.15, however, in the following hours it gave up the gains and closed the day slightly above the Monday’s closing price.

  • Oil Trading Alert: Crude Oil Gains as Fed Stimulus Tapering Expectations Fade

    December 17, 2013, 11:44 AM

    On Monday, crude oil gained 0.90% after U.S. economic indicators fueled expectations that the Fed could hold off on tapering its stimulus program this week and wait until January - or even March. In this way, light crude rebounded and closed the day above $97 per barrel.

  • Oil Trading Alert: Crude Oil Declines as Fed Stimulus Tapering Expectations Rise

    December 16, 2013, 10:03 AM

    On Friday, crude oil lost 1.09% as rising concerns over whether the U.S. Federal Reserve may begin to withdraw its stimulus program weighted on price. In this way, light crude closed the previous week below $97 per barrel.

  • Oil Trading Alert

    December 13, 2013, 7:54 AM

    On Thursday, crude oil was trading in a narrow range after mixed economic data. Light crude rose after better-than-expected U.S. retail sales, but gave up the gains as uncertainty over whether the U.S. Federal Reserve may begin to withdraw its stimulus program weighted on price.

  • Oil Trading Alert: Crude Oil Drops as Gasoline and Diesel Inventories Rise More Than Expected

    December 12, 2013, 9:20 AM

    On Wednesday, crude oil lost 1.23% after the EIA data showed that U.S. crude oil inventories posted their biggest weekly decline in nearly a year, while gasoline supplies climbed more than expected amid weak demand. In this way, light crude erased almost the entire Tuesday increase and closed the day below $98 per barrel.

  • Oil Trading Alert: Crude Oil Hits Its Fresh Monthly High

    December 11, 2013, 10:12 AM

    On Tuesday, crude oil gained 1.50% as market participants digested news of progress toward opening the TransCanada Corp pipeline to move oil from the U.S. Midwest to the Gulf, helping drain crude from Cushing, Oklahoma. The news fueled expectations of a decline in crude stockpiles for a second week in a row and pushed crude oil to its highest level since Oct. 28.

  • Oil Trading Alert: Crude Oil Declines as Profit Taking Weights on Price

    December 10, 2013, 11:19 AM

    On Monday, crude oil lost 0.63% as traders cashed in profits following six sessions of strong gains. Although light crude dropped below $98, it still remains near a five-week high.

  • Oil Trading Alert: Crude Oil Extends Its Rally

    December 9, 2013, 9:45 AM

    On Friday, crude oil continued its rally and rose to a fresh five-week high as upbeat U.S. economic data boosted the price. In this way, light crude gained 5.43% last week and closed slightly below $98 per barrel.

  • Oil Trading Alert: Crude Oil Extends Its Rally

    December 6, 2013, 6:58 AM

    On Thursday, crude oil continued its rally and rose to a fresh five-week high for a fifth straight session as U.S. gross domestic product and weekly jobless claims reports beat expectations and weighted on price. Light crude gained 0.19% and hit its intraday high of $97.99 per barrel.

  • Oil Trading Alert: Crude Oil Continues Its Rally

    December 5, 2013, 12:12 PM

    On Wednesday, crude oil rose to a fresh five-week high for a fourth straight session of gains after the EIA data showed that refiners boosted operations sharply last week, reducing inventories for the first time since mid-September.

  • Oil Trading Alert: Crude Oil Continues Its Rally

    December 4, 2013, 10:04 AM

    On Tuesday, crude oil rose to a five-week high for a third straight session of gains on news that a new pipeline would begin carrying crude oil to Texas refineries next month, helping reduce domestic crude stockpiles. The speculation that the EIA weekly data will show the first drop in U.S. inventories since September fueled the price also fueled the price of light crude.

  • Oil Trading Alert: Crude Oil Rebounds on Upbeat Economic Data

    December 3, 2013, 8:55 AM

    On Monday, crude oil gained 1.26% as stronger-than-expected manufacturing data across the globe bolstered hopes of increasing crude demand. This is light crude’s biggest one-day gain since Nov. 21. In this way, crude oil climbed to an intraday high of $94.08 and closed the day slightly below this level.

  • Oil Trading Alert: Crude Oil Gains but Remains Close to Its Low

    December 2, 2013, 9:17 AM

    On Friday, crude oil gained 0.45% and climbed to its daily high of S$93.90. Despite this increase, light crude gave up the gains and declined in the following hours below $93.

  • Oil Trading Alert: Crude Oil Hits New Monthly Low as Inventories Rise More Than Expected

    November 29, 2013, 8:15 AM

    On Wednesday, crude oil extended its decline and hit a fresh monthly low of $91.77 as the U.S. Energy Information Administration (EIA) data showed a much larger-than-expected rise in U.S. crude inventories. In this way, light crude lost 1.22% and dropped to the levels that we saw at the beginning of June.

  • Oil Trading Alert

    November 28, 2013, 6:26 AM
  • Oil Trading Alert: Crude Oil Extends Declines as Inventories Come into Focus

    November 27, 2013, 9:19 AM

    On Tuesday, crude oil lost 0.72% as concerns that U.S. inventories will increase once again weighted on price. In this way, light crude dropped o its daily low of $93.43 and closed the day below $94 per barrel.

  • Oil Trading Alert: Crude Oil Drops after Historic Deal with Iran

    November 26, 2013, 7:51 AM

    On Monday, crude oil extended its decline and lost 0.57% as a nuclear deal between Iran and six world powers eased Middle East geopolitical tensions and raised expectations of increased global production. In this way light crude dropped to slightly above the November low, but then reversed the course and closed the day above $94 per barrel.

  • Oil Trading Alert: Crude Oil Drops as Iran Talks Remain in Focus

    November 25, 2013, 9:28 AM

    On Friday, crude oil lost 0.55% and closed the day below $95 as profit taking and hopes that Western and Iranian diplomats will make progress over Teheran’s nuclear program weighted on the price of light crude.

  • Oil Trading Alert: Crude Oil Extends Gains after Stronger-Than-Expected U.S. Economic Data

    November 22, 2013, 8:51 AM

    On Thursday, crude oil gained 1.63% as signs of strength in the U.S. economy helped support prices. This is light crude’s biggest one-day gain since Oct. 2. In this way, crude oil climbed to its highest level since the beginning of the month and closed the day above $95 per barrel.

  • Oil Trading Alert: Crude Oil Climbs as U.S. Supplies Rise Less Than Expected

    November 21, 2013, 7:53 AM

    On Wednesday, crude oil increased after the U.S. Energy Information Administration (EIA) data showed that crude supplies rose less than analysts had expected last week amid stronger product demand. However, light crude reversed course after Federal Reserve officials’ comments. In this way, crude oil finished slightly lower and gained 0.49%.

  • Oil Trading Alert: Crude Oil Extends Declines and Hits New Monthly Low

    November 20, 2013, 8:02 AM

    On Tuesday, crude oil declined once again and hit a fresh monthly low of $92.43 as concerns about rising U.S. inventories and uncertainty over the duration of the Federal Reserve’s stimulus program weighed on price. Despite this drop, light crude reversed course after Bernanke's comments and on hopes of higher U.S. oil demand. Finally, crude oil gained 0.41% and closed the day above $93 per barrel.

  • Oil Trading Alert: Crude Oil Declines as Fed Taper Speculation Rises and Iran Talks Come into Focus

    November 19, 2013, 8:06 AM

    On Monday, crude oil lost 0.78% and declined to slightly above the November low as expectations that the Federal Reserve could taper its bond buying program and hopes that Western and Iranian diplomats will make progress over Teheran’s nuclear program weighted on the price of light crude.

  • Oil Trading Alert: Oil Trading in Narrow Range

    November 18, 2013, 8:21 AM

    On Friday, crude oil was trading in a narrow range as investors remained confused. On one hand, a U.S. inventories report pushed the price lower, but on the other hand, Janet Yellen’s comments gave oil a boost. Finally, light crude lost 0.19% and closed the day slightly below $94 once again.

  • Oil Trading Alert: Crude Oil Hits New Monthly Low as Inventories Rise More Than Expected

    November 15, 2013, 8:08 AM

    On Thursday, crude oil declined to a new monthly low of $92.51 as the U.S. Energy Information Administration (EIA) data showed a much-larger-than-expected rise in U.S. crude inventories. However, light crude quickly reversed course after Federal Reserve Chair Nominee Janet Yellen told that monetary stimulus tools shouldn't be removed too soon. Thanks to this comment, crude oil gained 0.51% and closed the day slightly below $94 per barrel.

  • Oil Trading Alert: Crude Oil gains as expectations of declines in refined-products stocks rise

    November 14, 2013, 7:33 AM

    On Wednesday, crude oil gained 0.46% and climbed to its intraday high of $94.54 as hopes for a bullish U.S. supply report and expectations of declines in refined-products stocks weighted on price. Also supporting were comments from Israeli Prime Minister Benjamin Netanyahu warning that a "bad deal" with Iran on its nuclear program could lead to war.

  • Oil Trading Alert: Crude Oil Declines as Fears over Growing Crude Supplies Rise

    November 13, 2013, 8:12 AM

    On Tuesday, crude oil lost over 2% and hit a fresh monthly low of $92.86 as fears over growing crude supplies, high domestic production and speculation that the U.S. Federal Reserve may ease up on its monetary stimulus program weighted on price. This is light crude’s largest one-day drop since June 20.

  • Oil Trading Alert: Crude Oil Raises as Iran Talks Fail

    November 12, 2013, 10:19 AM

    On Monday, crude oil gained 0.71% after talks between Iran and Western leaders over Iran's nuclear program failed. Light crude climbed to its daily high of $95.38 and closed the day above $95 for the first time since the end of October.

  • Oil Trading Alert: Trading in the narrow range as investors remain confused

    November 11, 2013, 6:52 AM

    On Friday, crude oil was trading in a narrow range as oil investors tried to puzzle out the impact of a larger-than-expected increase in U.S. job creation in October. Light crude hit its daily low of $93.90 and then rebounded to its daily high of $94.92, but it closed Friday at Thursday’s closing price.

  • Oil Trading Alert: Crude oil declines as strong dollar pressures prices

    November 8, 2013, 10:25 AM

    On Thursday, crude oil lost 0.63% after stronger-than-expected U.S. economic growth and a surprise interest rate cut by the European Central Bank pushed the dollar up. U.S. third-quarter growth data also boosted speculation the Federal Reserve could begin to taper its stimulus program sooner than expected.

  • Oil Trading Alert: Crude oil gains as inventories rise less than expected

    November 7, 2013, 7:29 AM

    On Wednesday, after six consecutive lower closes, crude oil gained 1.31%. Light crude bounced off the monthly low after the EIA showed that crude oil stocks rose less than expected last week. It was the biggest gain since October 17 and the price came back to around $95 per barrel.

  • Oil Trading Alert: Crude oil hits new monthly low as investors’ worries about increase in domestic supplies rise

    November 6, 2013, 7:30 AM

    On Tuesday, crude oil closed lower once again and lost 0.77%. Light crude extended losses as investors worried about a potential seventh straight weekly increase in domestic supplies amid weak demand and high crude production. In this way, the price of light crude hit a fresh monthly low of $93.07.

  • Oil Trading Alert: Crude oil drops on worries about growth in demand

    November 5, 2013, 10:20 AM

    On Monday, crude oil closed lower for the fifth day in a row and lost 0.16%. Light crude extended losses as ongoing concerns over rising U.S. inventories and weaker demand in the world's largest oil consumer drove prices lower. In this way, the price dropped to a new four-month low of $94.06.

  • Oil Trading Alert: Crude oil drops as positive U.S. manufacturing data raise Fed taper speculation

    November 4, 2013, 9:55 AM

    On Friday, crude oil closed lower for the fourth day in a row and lost 1.70%. Light crude extended losses after positive U.S. manufacturing data fueled the idea that the Federal Reserve will taper its stimulus program sooner than expected. In this way, the price dropped to a new four-month low of $94.36.

  • Oil Trading Alert: Crude oil drops as stronger-than-expected U.S. economic data raise the Fed taper speculation

    November 1, 2013, 7:38 AM

    On Thursday, crude oil closed lower for the third day in a row and lost 0.36%. Light crude extended losses as stronger-than-expected U.S. economic data fueled speculation that the Fed may start tapering stimulus sooner than expected. In this way, the price dropped slightly above the October low.

  • Oil Trading Alert: Crude oil drops as inventories rise more than expected

    October 31, 2013, 6:18 AM

    On Wednesday, crude oil extended declines after the EIA showed that crude oil stocks rose more than expected last week. This weekly report fueled concerns over a slowdown in demand from the world’s largest oil consumer. In this way, light crude lost 1.17% and slipped below $97 per barrel once again.

  • Oil Trading Alert: Crude oil declines as disappointing U.S. economic data raises concerns over weaker demand

    October 30, 2013, 10:40 AM

    On Tuesday, crude oil lost 0.81% and dropped below $98 once again as disappointing U.S. economic data fuelled concerns over weaker demand in the world's biggest oil consumer. Additionally, data from American Petroleum Institute showed that U.S. crude oil stocks rose by 5.9 million barrels last week while stockpiles at Cushing increased by 2.2 million barrels.

  • Oil Trading Alert: Crude oil extends gains as drop in Libyan oil exports raises supply concerns

    October 29, 2013, 11:32 AM

    On Monday, crude oil closed higher for the third day in a row and gained 0.64%. Light crude rose after Reuters reported that exports from Libya had fallen to the lowest level in six weeks after operations at its western port of Zawia had been suspended at the weekend. Additionally, U.S. data showed that industrial production rose at the fastest pace in seven months in September, which boosted the demand outlook and pushed crude oil to its highest level since Oct. 23.

  • Oil Trading Alert: Crude oil gains as investors bet on U.S. refineries processing more oil

    October 28, 2013, 10:04 AM

    On Friday, crude oil ended higher for the second day in row and gained 0.69% as traders bet that increasing refinery operations and a major new Midwest pipeline will slow the rise in U.S. crude stockpiles. In spite of this growth, light crude finished the week with a 3% loss and its third weekly decline.

  • Oil Trading Alert: Crude oil hits four-month low as concerns over future oil demand prospects rise

    October 25, 2013, 9:51 AM

    On Thursday, crude oil fell to a four-month low of $95.95 as concerns over the U.S. economic outlook and its impact on future oil demand prospects dampened the appeal of the commodity. However, later in the day, the price reversed course and rose after Chinese output data beat expectations. Finally, light crude gained 0.10% and finished the day 10 cents above the Wednesday’s close.

  • Oil Trading Alert: Crude oil extends declines as crude oil supplies rise more than expected

    October 24, 2013, 7:11 AM

    On Wednesday, crude oil lost 1% and dropped to a new monthly low of $96.16, tumbling for a third straight session on pressure from surging stockpiles. The price of light crude accelerated declines after a government report showed that U.S. oil supplies rose more-than-expected in the week ended Oct. 18. Crude oil has dropped more than 5% in five sessions, reaching below $97 a barrel for the first time since July. Yesterday, light crude hit its lowest level since July 1.

  • Oil Trading Alert: Crude oil extends declines as U.S. jobs data disappoints

    October 23, 2013, 11:12 AM

    On Tuesday, crude oil dropped below $99 per barrel after data showed that the U.S. economy added fewer than expected jobs in September. Disappointing U.S. jobs data and a build in crude stockpiles raised concerns about oil demand in the world's largest oil consumer and pushed the price of light crude to a new monthly low of $98.11. With this downward move light crude lost 1.40% and declined to its lowest level lowest in nearly four months.

  • Oil Trading Alert: Crude oil drops below $100 as crude oil inventories grow more than expected

    October 22, 2013, 8:28 AM

    On Monday, crude oil lost 1.35% and dropped to a new monthly low of $99.41. Light crude declines below $100 for the first time since July after the EIA data showed that U.S. crude stockpiles grew more than expected in the week to Oct. 11.

  • Oil Trading Alert: Crude oil gains as China’s economic growth accelerates in the third quarter

    October 21, 2013, 12:05 PM

    On Friday, crude oil gained 0.17% and increased to $101.71 (an intraday high). Data from China showed that its economic growth accelerated in the third quarter, boosting the prospects for crude demand for the world's largest oil importer. Additionally, the uncertainty over when the Federal Reserve will scale back its bond-buying program amid a prolonged U.S. budget battle also provided some support to prices.

  • Oil Trading Alert: Crude oil drops as U.S. oil inventories rise

    October 18, 2013, 8:44 AM

    On Thursday, crude oil erased all Wednesday’s gains and dropped to a new monthly low of $100.03. Additionally, it is light crude’s lowest level in more than three months. The price was under pressure after data from the American Petroleum Institute showed crude inventories at the Cushing, Oklahoma, hub rose last week, while overall U.S. crude stockpiles also gained.

  • Oil Trading Alert: Crude oil gains on Senate agreement

    October 17, 2013, 6:53 AM

    On Wednesday, crude oil gained 1.35% and climbed to almost $103 per barrel after the U.S. Senate reached an agreement to increase the country's borrowing limit, easing concerns that a debt crisis would weigh on crude demand. Uncertainty about the government shutdown's effect on the broader economy, and more importantly, the potential for the U.S. government to miss debt payments sent crude oil to a narrow range in recent weeks.

  • Oil Trading Alert: Crude oil drops as U.S. Congress continues to wrangle over debt limit

    October 16, 2013, 8:00 AM

    Yesterday, the price of crude oil fell throughout the session as hopes for a deal to end the U.S. debt crisis steadily diminished. Additionally, light crude extended losses late on Tuesday after credit rating agency Fitch warned that it could cut the sovereign credit rating of the United States from AAA. In this way, crude oil lost over 1% and dropped to $100.87 (an intraday low). It’s worth noting that this is its lowest close since the beginning of July.

  • Oil Trading Alert: Crude oil increases as traders cover short positions

    October 15, 2013, 7:26 AM

    On Monday, crude oil gained 0.39% and climbed to $102.62 (an intraday high) as traders expressed some optimism that lawmakers will reach an agreement to avert a default on the country's debt. The price of light crude rose after a report that President Barack Obama planned to meet with Congressional leaders from both parties at the White House later in the afternoon. The meeting, though, was later postponed to allow the Senate to make progress toward a deal to raise the U.S. debt ceiling and re-open the government.

  • Oil Trading Alert: Crude oil drops as IEA warns of rising oil supply

    October 14, 2013, 10:06 AM

    On Friday, crude oil lost over 1% and dropped to its new monthly low of $100.60. It is light crude’s lowest level since July 3. The price of crude declined after the IEA warned that the U.S. fiscal crisis could harm demand and said that supplies were rising faster than previously thought.

  • Oil Trading Alert: Crude oil increases on growing hopes for deal to extend funding of U.S. government

    October 11, 2013, 9:30 AM

    On Thursday, crude oil gained 1.48% and climbed to $103.57 (an intraday high). Growing hope for a deal to extend funding of the U.S. government and concerns about supplies from Libya and the Middle East were two major factors, which pushed the price of crude oil higher.

  • Oil Trading Alert: Crude oil drops as U.S. crude stocks shoot up and dollar appreciates

    October 10, 2013, 7:15 AM

    On Wednesday, crude oil lost 2% and dropped to $101.18 (an intraday low) as the largest weekly buildup of U.S. crude stocks in a year weighed on a market. Investors had been already concerned that Washington's budget impasse would curb demand in the world's biggest oil consumer, but this big build in supply caught them by surprise and sparked a selloff, pushing losses in light crude beyond $2 a barrel.

  • Oil Trading Alert: Crude oil gains as geopolitical risk creeps back into markets

    October 9, 2013, 9:14 AM

    On Tuesday, crude oil gained 0.38% and reached $104.08 (an intraday high) as geopolitical risk crept back into the markets, even as the U.S. dollar increased after a phone call between U.S. President Barack Obama and U.S. House Speaker John Boehner over the budget crisis.

  • Oil Trading Alert: Crude oil drops as production resumes in Gulf of Mexico

    October 8, 2013, 7:51 AM

    On Monday, crude oil dropped to $101.86 (an intraday low) as crude output in the Gulf of Mexico resumed after Tropical Storm Karen passed without any serious supply disruptions. Additionally, a government shutdown that entered its second week also pushed prices down by rising fears the impasses will affect confidence in the U.S. economy and slow recovery. However, the main worry for oil market investors is the shutdown will curb crude demand in the world's largest oil consumer, as federal workers are temporarily out of work.

  • Oil Trading Alert: Tropical Storm Karen supports price of light crude

    October 7, 2013, 10:07 AM

    Despite this drop, oil bulls managed to hold the price of crude oil above $102 per barrel also on Friday. During the last session of the previous week, light crude gained 0.77% and reached $104.19 per barrel as energy companies in the Gulf of Mexico started shutting in production and were evacuating some workers as Tropical Storm Karen headed towards a crucial part of the basin.

  • Oil Trading Alert: Weaker U.S. dollar supports price of crude oil

    October 3, 2013, 9:07 AM

    On Wednesday, light crude gained over 2% and reached $104.23 (an intraday high). It is crude oil’s largest daily percentage gain since Sept. 18. The price of light crude was supported by a weaker U.S. dollar as commodities priced in the greenback became less expensive for holders of other currencies. Yesterday, the dollar was under selling pressure as a U.S. government shutdown entered a second day with no end in sight.

  • Oil Trading Alert: Crude oil extends losses as U.S. government shutdown could reduce oil demand

    October 2, 2013, 9:23 AM

    On Tuesday, light crude lost 0.65% and dropped to $101.06 (an intraday low) on concerns that the U.S. government shutdown would reduce demand for this commodity in the world's largest oil consumer. Wrangling in the United States between President Barack Obama and congressional Republicans has forced the first government shutdown in 17 years. The shutdown has left hundreds of thousands of federal employees on unpaid leave.

  • Oil Trading Alert: Crude oil drops as likelihood of imminent U.S. government shutdown remains uncertain

    October 1, 2013, 8:47 AM

    On Monday, crude oil lost 0.48% and dropped to a new monthly low at $101.05 as the prospect of a U.S. government shutdown could crimp oil demand. However, light crude erased most of the losses late in the day and closed at $102.29 per barrel. In the previous month crude oil lost 5.08% as many of bull factors have been removed from the market. Crude oil supply has improved, with Libya ramping up output while tensions over Syria and Iran eased. It is the first monthly loss since May.

  • Oil Trading Alert: Price of light crude drops as soft U.S. data trigger profit taking

    September 30, 2013, 10:01 AM

    On Friday, the price of crude oil rose to $103.77 per barrel and reached above the August 22 low on an intraday basis. However, soft U.S. data led to profit taking by fueling concerns that U.S. recovery still faces potholes and may demand less fuel and energy going forward. Additionally, the price of oil fell as tensions eased between the United States and Iran after the Obama-Rouhani talks.

  • Oil Trading Alert: Crude Oil Increases As Investors Seek Bargains Following Sharp Losses Earlier This Month

    September 27, 2013, 6:36 AM

    On Thursday, crude oil gained 0.71% and climbed to $103.29 (an intraday high) as investors sought bargains after sharp losses in the previous days. Despite easing political worries about Iran and an improving supply picture, light crude rose 58 cents (compared with the Wednesday‘s closing price). It is its first day of gains following five straight sessions of losses.

  • Oil Trading Alert: Further Deterioration As Hopes Increase For Progress In Dispute Over Iran's Nuclear Program

    September 26, 2013, 8:07 AM

    On Wednesday, crude oil lost over 1% and dropped to $102.20 as Iranian foreign minister revived hopes of progress in talks about Tehran's nuclear program, and as U.S. crude oil inventories posted a large build. This was light crude’s fifth straight session of losses and its longest daily losing streak since the beginning of August.

  • Oil Trading Alert: New monthly low as fears over a disruption to supplies from the Middle East continues to fade away

    September 25, 2013, 8:13 AM

    On Tuesday, crude oil extended losses and dropped to a new month low at $102.30 per barrel as fears over a disruption to supplies from the Middle East continued to fade away. It’s worth noting that light crude has lost nearly 8% since September 14 when the U.S. and Russia reached a diplomatic solution on how to handle Syria’s chemical weapons.

  • Oil Trading Alert: Light crude lost more than 1% as higher oil output from Iraq boosted the supply outlook

    September 24, 2013, 5:36 AM

    In the recent days there were two major factors driving the price of crude oil: subsiding geopolitical tensions around Iran and rising crude output from Libya and Iraq. Yesterday, light crude dropped to its new month low at $103.12 per barrel and extended earlier losses to almost 4%. Today, further deterioration is taking place. Did this drop change the outlook for crude oil? What’s next? We invite you to check today’s Oil Trading Alert.

  • Oil Trading Alert

    September 20, 2013, 8:00 AM

    On Thursday, the price of crude oil declined slightly, to above $106 per barrel. Light crude gave back the bulk of the previous session's gains, as Libyan oil production increased and tensions over Iran eased. Crude oil slipped below the 50-day moving average and reached next strong support. What’s next? We invite you to check today’s Oil Trading Alert.

  • Oil Trading Alert

    September 19, 2013, 8:00 AM

    On Wednesday, investors received bullish EIA oil data, which showed that U.S. commercial crude stocks had fallen 4.37 million barrels to their lowest level since March 2012. This was a bullish factor, which encouraged buyers to act and resulted in an increase to over $106 per barrel. As it turned out later, it was not the end of good news for oil bulls. The next one was the FOMC statement, which followed earlier bullish EIA data. Most economists had expected that the U.S. central bank would announce a $10 billion or even $20 billion reduction. Meanwhile, investors heard two words: no taper. What impact did these events have on crude oil? We invite you to check our Oil Trading Alert.

  • Oil Trading Alert

    September 18, 2013, 8:00 AM

    Although on Tuesday the price of crude oil dropped to its lowest level since September 3, oil bulls received positive news from the American Petroleum Institute, which said that U.S. crude inventories fell by 0.3 million barrels last week, compared to expectations for a decline of 1.5 million barrels. What impact did this have on crude oil’s chart? We invite you to check today’s Oil Trading Alert.

  • Oil Trading Alert

    September 17, 2013, 8:00 AM

    On Monday, light crude lost over 2% and dropped to its lowest level since September 3. Additionally, crude oil declined below the 50-day moving average, which is not a good sign for oil bulls. What could happen if the next support line is broken? Where will the sellers’ target be? Is there anything on the horizon that could drive gold prices higher or lower in the near future? We invite you to check today’s Oil Trading Alert.

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