Spot Crude Oil Prices Recovers
January 21, 2011 3:28 pm by Russell GlaserSpot crude oil prices have come off of their lows from Thursday following strong economic data.
Despite Poor GDP, Spot Crude Oil Rises Gains Again
May 28, 2010 2:32 pm by Russell GlaserSpot crude oil prices jumped to a two week high on Thursday following a Chinese commitment to European investments, in particular European debt instruments. This propelled traders into riskier investments such as commodities while selling the dollar. Markets have shrugged ...
Spot Crude Oil Price Moves above $80
February 22, 2010 2:23 pm by Russell GlaserThe price of spot crude oil jumped above $80 in the opening hours of the Japanese trading session. This is the first time since January that the spot price broke this threshold, building on the 4% bullish run the commodity ...
Spot Crude Oil Trading at Significant Support Level
January 29, 2010 12:47 pm by Russell GlaserSpot crude oil prices are trading under the $74 price level during the opening hours of European trading session as the US Dollar continues to rise against the major currencies. Crude prices are beginning to strengthen slightly as they have ...
Spot Crude Oil Trades Higher after Banking Holiday
January 18, 2010 10:35 pm by Russell GlaserSpot crude oil price rose during the European trading session but were flat during the New York hours. The rebound in spot crude oil trading has come after spot prices have fallen sharply from a 15-month high.
Negative U.S. Economic Data Drops Spot Crude Oil Prices
January 15, 2010 12:04 pm by Russell GlaserSpot crude oil prices finished lower yesterday for the fourth consecutive price decline in the commodity. Driving prices lower was negative fundamental data; a contraction in core retail sales and an increase in weekly unemployment data.
Spot Crude Oil Prices Fall after Inventories Report
January 13, 2010 10:54 pm by Russell GlaserSpot crude oil prices fell for the third consecutive day. The drop in the price was intensified after a rise in crude oil inventories was reported by the Energy Information Administration.
New Highs for Spot Crude Oil Trading
January 11, 2010 12:25 pm by Russell GlaserSpot crude prices continue to ride the bullish trend higher, moving beyond a 15-month high in the early morning hours of the European trading session. Positive Chinese data along with Friday's U.S. Non-Farm Jobs Report helped drive spot crude oil ...
Spot Crude Oil Prices Stand Near 15-Month High
January 7, 2010 3:01 pm by Russell GlaserThe price of spot crude oil continued to rise yesterday after the release of the weekly crude oil inventories report. A lower dollar and colder weather across the globe helped to support the rising price.
Spot Crude Oil Trading – Resistance Level
January 6, 2010 1:28 pm by Russell GlaserTraders today are anticipating the release of the weekly crude oil inventories data. This could be the event that finally pushes the commodity over a significant resistance level the price has been unable to breach.
