crude oil

Crude oil Technical analysis last month crude oil plunged 17% reached almost 50 –a bit over it, Whether oil has found support in the $ 50 area? Earlier today, we got a report that a crude tanker was on fire in the Gulf of Oman- Oil rebounded from the lowest level in five months, crude oil futures rose more than…

Crude oil Technical analysis  last week  Trump announced that US  will not be renewing or extending oil waivers they had granted to eight counties allowing them to continue purchasing Iranian oil in reduced quantities despite U.S. sanctions. Looking at the developments in the futures market, as of the end of the 23rd day, no significant change is seen, and the…

Crude Oil Analysis Crude oil hits four-month highs, OPEC said in its latest monthly oil market report its total production last month had fallen to 30.8 million barrel, it  was in large part driven by Saudi Arabia’s efforts to accelerate the price rise by cutting more-pumped 350 K  less oil in January than in December Goldman Sachs also promotes updates…

Crude oil technical analysis crude oil continue climbing due to the risk that came from conflict in Venezuela, a combination of events around the world could produce a period of price instability – the big question is how it could cope with those, without a significant impact on prices – unless if its only something momentary, that will pass soon.…

Crude oil analysis forecast as I wrote the last post: Does the violence that oil has experienced in the past two months come back like a boomerang? yes, we got it – what next? it all starts here: Oil is crashing – The marks were on the wall crude oil showing suspicious signs Is there a negative deviation between the oil price and the…

Crude oil Check status and review factors Oil is crashing – The marks were on the wall crude oil showing suspicious signs Is there a negative deviation between the oil price and the technical parameters on the charts? Two months were enough to erase two-year profitsMore than 40% decline in price in such a short timeSomething not seen in the marketsOil is…

oil prices technical analysis  Oil prices jumped sharply on Monday after the US and China agreed on 90 days at a weekend meeting at the G20 Last Friday, the price of oil stood at $ 50.70, yesterday’s opening, the price jumped to $ 52, leaving Gap behind – an open price gap that will likely close sooner or laterThe question…

Are we need to be prepared for Crude oil Prices To Rebound weeks of growing inventory builds, combined with fears of diminishing demand and US waivers for eight countries to continue oil purchases from Iran for 180 days have combined to push crude oil prices lower. Prices rose slightly yesterday prior to the data release as optimism grew that OPEC…

crude oil  price analysis it was so expected and I wrote it for you: “Is there a negative deviation between the oil  price and the technical parameters on charts ?” OPEC cut its forecast for 2019 oil demand growth, Investors now expect supply to outstrip demand, Trump yesterday again urged Saudi Arabia and OPEC not to cut oil production, contributing…