WTI VS BRENT OIL SPREAD FORECAST The Two Most Widely Used Crude-Pricing Benchmarks in the financial markets are Brent and WTI Brent crude originates from four oilfields in the North Sea. The oil extracted from these fields is typically light, making it very easy to refine into other products. Roughly two-thirds of all crude contracts around the world use Brent…
Crude oil analysis as I wrote last month: Is there a negative deviation between the oil price and the technical parameters on the charts? as reflected so happened!Oil prices founded difficult to stay at high levels prices , oil behaving strangely– we saw strange behavior – every time crude oil show strong move down it came back to higher numbers since…
crude oil analysis Oil prices find it difficult to stay at high levels, oil behaving strangely– we saw strange behavior – every time crude oil show strong move down it came back to higher numbers since may, but this month it’s not the case ! Crude oil reached all-time high since 2014 to almost 77$ and then went down sharp…
crude oil showing suspicious signs behaving continue update In 4 /7 I posted this:”crude oil showing suspicious signs” : “oil behaving strangely this week – we see strange behavior – every time crude oil show strong move down it came back to higher number – in the begging of this week crude oil opened lower gap almost 2 $ from…
crude oil showing suspicious signs oil behaving strangely this week – we see strange behavior – every time crude oil show strong move down it came back to higher number – in the begging of this week crude oil opened lower gap almost 2 $ from last week close price at 74.30 to 72.50 and then recover again, yesterday we…
oil prices analysis forecast as I wrote two weeks ago: Have we seen the peak oil prices for the next few years? meanwhile, it was the top, since this move we got yesterday lows at 64.18 price levelswhat the next move crude oil analysis crude oil technical analysis64.18 was the low of yesterday and came out a correction according to the forecast now…
oil prices analysis last week we saw crude oil made some kamikaze moves from record levels of 72.80 at the beginning of the week and closing the week on 67.24 $ – more than 5% move ( its a lot )Heavy volumes of over 700,000 contracts for July WTI crude its massive daily range of $3.31 between high to lowThe bearish action accrues due…
crude oil technical analysis forecast last march I posted an analysis for crude oil I just want to put this chart here – One picture is worth 1000 words now we are very close to those areas – it will be very crucial for crude oil prices : This review does not including any document and/or file attached to it as an advice or…
Crude oil Technical Analysis Crude oil futures rallied Tuesday due Tensions between Iran and Saudi Arabiain Baker Hughes oil rig counts from the other week show reduction who could keep prices supported. The Energy Information Administration is also due to report its inventory data today, also today will publish FOMC statement that would likely have an impact on market sentiment.…
crude oil prices – some interesting information for knowing crude oil prices down more than 10% from the last record at 66.60 $ , when it will stop?I’m going to show you some interesting stuff about crude oil prices Later in this article some news comes from IEA:” The International Energy Agency (IEA) today published their forecast for oil demand growth in 2018…