WTI Oil Points to August’s High, But Will the Bulls Show Up?
WTI oil futures (October delivery) snapped the 81.00 barricade and crawled moderately back above the […]
Wishful Thinking?
America had another ‘bad news is good news’ moment yesterday; softer-than-expected ADP and growth data […]
How Will China’s Regulation Affect Oil?
China has issued new oil product export quotas to allow oil companies to send surplus […]
WTI Oil: Rising Demand and Concerns About Supply Continue to Boost the Price
WTI oil price rose further and hit the highest in two weeks on Wednesday, as […]
As ECB Hike Dilemma Sharpens, Traders Seek Clarity in Inflation Numbers
With Lagarde taking off her ultra-hawk armor at the latest ECB gathering and last week’s […]
Price of WTI Oil Falls to August Minimum
As the chart shows, US Crude Oil fell below USD 78 yesterday for the first […]
WTI Oil Futures Extend Slide Below 80
WTI oil futures (October delivery) have been steadily losing ground after peaking at the nine-month high of 84.15 […]
Amazing Nvidia
Nvidia announced STUNNING results when it released its Q2 earnings yesterday after the bell. The […]
Crude Oil Price Drops Below $80 And Might Extend Losses
Key Highlights Crude oil price declined below the $81.50 and $80.00 support levels. It traded […]
WTI Oil: Prices Accelerate Lower on Fresh Demand Concerns
WTI oil price fell around 1.6% on Wednesday after weak manufacturing data from Japan, Eurozone […]
Rate Expectations Pared Back as PMIs Point to Recession
European stocks have given back the bulk of their gains this morning as flash PMI […]
Crude Oil Looking for Deeper Supports Within Uptrend (Elliott Wave Forecast)
Crude rallied only in three waves and stops between 50-61.8% Fib, so it appears that […]