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Oil Price Outlook: Crude Crushed – Trade Levels To Know For WTI
Article By: DailyFX Thursday, May 23, 2019 1:20 PM EDT
Crude Oil prices have plummeted more than 8% from the monthly highs registered last week with the decline now approaching initial support targets- we’re looking for a reaction off one of these levels for guidance.
In this article: OILB, UCO
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Crude Correction Continues As EIA Highlights Further Inventories Build
Article By: Orbex Thursday, May 23, 2019 9:13 AM EDT
Crude oil prices were knocked sharply lower this week as the latest industry reporting weigh on sentiment.
In this article: OILB
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WTI Crude Oil And Natural Gas Forecast - Thursday, May 23
Article By: Christopher Lewis Thursday, May 23, 2019 4:45 AM EDT
The WTI Crude Oil market fell significantly during the trading session on Wednesday, slicing through the 50 day EMA.
In this article: OILB, UNG
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Crude Oil Prices May Drop With Stocks As Market Mood Sours
Article By: DailyFX Thursday, May 23, 2019 4:13 AM EDT
Crude oil prices plunged, recording the largest daily drop in three weeks, as EIA inventory flow data reveled a much larger-than-expected build of 4.74 million barrels last week.
In this article: GLD, OILB
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Think Like A Pro Trader
Video By: Joseph James Wednesday, May 22, 2019 10:00 PM EDT
Crude Oil is bearish with three legs lower, which usually means we’re going sideways the following trading day.
In this video: FXE, QQQ, GLD, OILB, SPX
Watch
Downward Reversal In Oil Is Knocking On The Door
Article By: Nadia Simmons Wednesday, May 22, 2019 9:38 AM EDT
The outlook for oil remains bearish. Oil is still trading below the previously-broken red horizontal line and has had trouble overcoming the 50% Fibonacci retracement.
In this article: OILB
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Murky Outlook
Article By: Phil Flynn Wednesday, May 22, 2019 8:49 AM EDT
The outlook in the short term for oil looks a bit murkier this morning.
In this article: OILB
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June Boom
Article By: Phil Flynn Tuesday, May 21, 2019 9:05 AM EDT
Oil, shaking off fears of a trade war and slowing demand talk, will have to face the fact of tightening global oil supply.
In this article: OILB
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Trade The Market’s Mindset
Video By: Joseph James Monday, May 20, 2019 10:00 PM EDT
Crude Oil is sideways and trading in the middle of last Friday’s trading-range, which reminds me to avoid the middle, buy the low, and sell the high.
In this video: FXE, QQQ, GLD, OILB, SPX
Watch
Top Primary Miners Now Paying The Market $2 To Take Their Silver?
Article By: Steve St. Angelo Monday, May 20, 2019 12:44 PM EDT
According to the poor financial results in the first quarter of the year, the top primary silver miners are now likely paying the market $2 an ounce to take their silver.
In this article: PAAS, FSM, SLV, OILB, CDE, HL, EXK, GPL Also: FNLPF, AG
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WTI Crude Oil And Natural Gas Forecast - Monday, May 20
Article By: Christopher Lewis Monday, May 20, 2019 5:27 AM EDT
The WTI Crude Oil market rallied a bit during the trading session on Friday initially but struggled at the $63.66 level.
In this article: OILB, UNG
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The Saudis Strike Back
Article By: Phil Flynn Friday, May 17, 2019 8:21 AM EDT
Oil prices got another jolt to the upside after reports that a Saudi-led military coalition in Yemen carried out several air strikes on the Houthi-held capital Sanaa yesterday.
In this article: OILB
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WTI Crude Oil And Natural Gas Forecast - Friday, May 17
Article By: Christopher Lewis Friday, May 17, 2019 5:23 AM EDT
The WTI Crude Oil market rallied during the trading session on Thursday but did give back some of the gains.
In this article: OILB, UNG
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USD Steady At A Two-Week High
Article By: Orbex Friday, May 17, 2019 3:45 AM EDT
The US dollar was seen holding on to the gains, settling near a two-week high by Thursday’s close. The gains came as the trade tensions eased and focus once again shifted to the economic data.
In this article: FXE, GLD, OILB
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WTI Tests A Two-Week High Above 63.00 As Trump “Hopes” US Can Avoid War With Iran
Article By: Matt Weller Thursday, May 16, 2019 2:25 PM EDT
Oil prices have generally tracked risk appetite so far this week, dropping sharply on Monday before recovering over the last three days. Today’s rally has been supercharged by escalating geopolitical tensions in the Middle East
In this article: OILB
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WTI Crude Oil And Natural Gas Forecast - Thursday, May 16
Article By: Christopher Lewis Thursday, May 16, 2019 5:04 AM EDT
The WTI Crude Oil market rallied a bit during the trading session on Wednesday, showing the trend line to be reliable and still in effect.
In this article: OILB, UNG
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