oil analysis

Whether oil prices are facing a change in direction or whether this will only be pause before continuing declines

Brent oil price technical analysis forecast Crude oil prices climbed above 53 $ late last month, a bullish signal, also Brent traded above 62$ and reaching to major resistanceJust a few of months ago, analysts and investment banks slashed their oil price forecasts as OPEC’s production cuts drew down the global oil oversupply slower than initially expected, and rising U.S.…

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Will Crude Oil Prices Continue To Climb

Crude Oil Prices Forecast Analysis Update  Crude oil technical analysis Will the history repeat itself ….. well if you ask me the answer will be yes !We saw today almost 7% move in crude oil price, OPEC agrees first oil output cuts since 2008, an agreement was in line with an accord reached in Algiers in September. OPEC member Algeria…

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