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Oil Trading Alert: New Highs Ahead Us?
December 5, 2016, 10:10 AMOn Friday, crude oil gained 1.21% as OPEC deal continued to support the price of the commodity. In this environment, light crude re-approached the Oct high. Will we see fresh 2016 peak in the coming week?
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Oil Trading Alert: Double Top or Fresh Highs? #2
December 2, 2016, 10:13 AMOn Thursday, crude oil gained 3.28% as the combination of an OPEC deal and another drop in U.S. crude oil inventories continued to weigh on investors’ sentiment. As a result light crude came back above the barrier of $50 and approached the Oct high. Where will the commodity head next?
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Oil Trading Alert: Double Top or Fresh Highs?
December 1, 2016, 11:14 AMYesterday, the black gold moved sharply higher as the combination of an OPEC deal and another drop in U.S. crude oil inventories supported the price. Thanks to these circumstances, light crude approached the barrier of $50. What’s next?
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Oil Trading Alert: Crude Oil Soars on OPEC News
November 30, 2016, 9:48 AMThe price of crude oil soared tremendously today after OPEC announced its first oil output cut since 2008 (to 32.5 million barrels per day from the current level of 33.6 million). Does this huge one-day rally mark the end of the previous declines?
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Oil Trading Alert: Breakdown and Slide in Crude Oil
November 29, 2016, 9:35 AMCrude oil gained 2.21% and came back above $47 yesterday, but earlier today, oil bears erased these gains. What does it mean for the commodity?
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