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EIA Data and Black Gold
October 26, 2017, 6:06 AMOn Wednesday, black gold lost 0.55% after the EIA report showed that crude oil inventories increased for the first time in five weeks. As a result, light crude slipped to the May peak, but then rebounded. Is this a verification of the earlier breakout or the first step to lower prices?
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Will Crude Oil Climb Any Higher?
October 25, 2017, 9:32 AMOn Tuesday, black gold increased, but will oil bulls be strong enough to push the price of crude oil higher in the coming days?
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Crude Oil – Major Resistances Hold #2
October 24, 2017, 6:46 AMOn Monday, crude oil wavered between small gains and losses, but finally closed the day under $52. Where will the commodity head next?
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Crude Oil – Major Resistances Hold
October 23, 2017, 9:42 AMOn Friday, crude oil bounced off session’s low and closed the previous week slightly below $52. Did it change anything in the short term?
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Crude Oil – Similarity to September
October 20, 2017, 10:33 AMOn Thursday, crude oil lost 1.44% and invalidated the earlier small breakout above the resistance zone – similarly to what we saw in the previous month. What does it mean for black gold?
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