Crude Oil Bouncing Off 50% Retracement Line at $90
December 9, 2010 9:00 am by Greg HoldenThe price of Crude Oil has been receiving support from the winter season in the northern hemisphere lately, but we are beginning to see technical indicators which suggest downward pressure.
Oil Inventories Decrease by 3.8m Barrels
December 8, 2010 7:14 pm by Greg HoldenCrude Oil Inventory data released by the Energy Information Administration (EIA) today revealed a decline in inventories for the week ending Dec. 3rd.
Oil Prices Lifted from Severe Cold in US Northeast
December 8, 2010 3:42 pm by Greg HoldenThe sudden spike above $90 a barrel in Crude Oil on Monday has many investors paying close attention to today's release of Crude Oil Inventories from the United States.
Contemplating a Second Crash — Through Crude Oil?
June 7, 2010 1:35 pm by Greg HoldenThis article is not about what traders are actually expecting to happen, only a theoretical speculation regarding a recent observation. Crude Oil's weekly chart scares me. Here's why: Oil is a commodity which trends in relatively stable patterns. Even when ...
Crude Oil Trading Tip – A Bearish Correction?
March 9, 2010 5:49 am by Greg HoldenToday's news seems minor compared with the rest of the week. We can, however, expect to see two relatively major developments in today's trading. The first is the release of Great Britain's trade balance. While this figure doesn't carry much ...
Spot Crude Oil Prices Follow the EUR/USD Lower
January 22, 2010 2:25 pm by Russell GlaserSpot crude oil prices were trending higher during the morning hours of the European trading session today. That was despite poor data from the Department of Energy. Driving the prices higher today so far was a weaker dollar.
