Crude is dripping lower
WTI has lost ground towards $105.50 (its not hit there yet). Brent is lower alongside. There is not a lot of fresh news flow crossing for oil. Posted earlier: Oil…
Read More »Crude Oil Trend Breaks Downward – Rejecting The $120 Price Level
The recent downward Crude Oil trend may have caught many traders by surprise. Just before the US Fed raised interest rates on June 15, 2022, Crude oil was trading above…
Read More »Saudis say they’ll pump more oil if Russian output falls – oil price falls
Reuters headline reports on a Financial Times piece reporting on what the Saudis will do if Russia trims its production of crude. FT is gated but the report is here…
Read More »European Union to propose a ban on Russian oil by the end of the year
Bloomberg (gated) have the report, citing ‘people familiar with the matter’: European Union is set to propose a ban on Russian oil by the end of the year, with restrictions…
Read More »Oil Blow-Off Phase, Sanctions & Shortages Video
Chris Vermeulen from The Technical Traders sits down with Jim Goddard on HoweStreet.com to discuss oil, natural gas, gasoline, and precious metals’ latest moves. Oil had a blow-off phase as we saw…
Read More »USDCNH under Pressure
The USDCNH has been trading in a restricted price range throughout 2022 between 6.3045 – 6.4096. Like other currency pairs, investors’ interest in these intersections is determined by trend conditions,…
Read More »Top public lands producers decline U.S. House committee hearing on oil prices
Original source: https://www.investing.com/news/stock-market-news/top-public-lands-producers-decline-us-house-committee-hearing-on-oil-prices-2794298
Read More »Crude Oil Price Outlook Hinges on OPEC Meeting
The price of oil may continue to retrace the decline from the yearly high ($130.50) if OPEC sticks to the current production schedule at the next Ministerial Meeting on March…
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$CEI | US BANS RUSSIAN OIL | MONSTER RALLY IN OIL STOCKS!
Professional trader @ Shawn Catena is back with today’s Trade Of The Day review highlighting another impressive volume day for Camber Energy Inc (NYSEAMERICAN:CEI). Camber Energy Inc. shares have seen…
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