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Crude Oil and New Peak
December 27, 2017, 4:59 AMOn Tuesday, the price of black gold moved higher supported by an explosion on a crude pipeline in Libya (because of this event the country has lost around 90,000 bpd of crude oil). Thanks to these circumstances, light crude hit a fresh 2017 high, but is this event as bullish as it may seem at the first glance?
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Crude Oil's Breakout and Its Implicaions
December 22, 2017, 3:53 AMOn Thursday, crude oil moved higher and broke above the upper border of the trend channel, but can we trust this increase?
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Oil Bulls, Inventories Levels and These Bearish Fundamental Factors
December 21, 2017, 9:26 AMOn Wednesday, black gold increased after the EIA showed a larger-than-expected drop in crude oil inventories. Thanks to this upswing, the commodity closed the day above $58, but the situation is not as positive as it seems at the first sight. Why?
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Crude Oil - Up and Down
December 20, 2017, 9:35 AMOn Tuesday, crude oil wavered between small gains and losses inside two trading channels. Where will the commodity head next?
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What's Wrong with Oil Bulls?
December 19, 2017, 9:35 AMAlthough crude increased after the market open, oil bears stopped their opponents slightly below $58 and triggered a pullback. What impact did it have on the short-term picture of light crude?
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