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Oil Investment Update: Crude Oil at Crossroads – Where Will Commodity Head Next?
June 10, 2016, 10:49 AMThe last few weeks have brought further increases in oil prices, which resulted in a breakout not only above the barrier of $ 50, but also in a climb slightly above the Oct high. Despite this improvement, oil bulls didn’t manage to hold gained levels, which resulted in a drop to the previously-broken May high. Will oil bears push the commodity under the barrier of $50 and open the way to lower levels?
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Oil Investment Update: Crude Oil - Seeds of Change Growing
May 9, 2016, 11:47 AMAlthough the world's largest oil exporters failed to reach an agreement in Doha to freeze output at January levels, the price of crude oil extended gains and hit a fresh 2016 high of $46.78 in less than two weeks after this negative event for oil. What were the main reasons for this rally? Will they continue to support the price or maybe there are new circumstances that encourage oil bears to action in the coming weeks? We invite you to check our Oil Investment Update. Have a nice read.
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Oil Investment Update: Crude Oil for the Bulls or Bears?
April 8, 2016, 11:47 AMIn the previous month, the commodity extended gains and climbed above the barrier of $40. Despite this improvement, the combination of resistance levels encouraged oil bears to act, which resulted in erasing 40% of the previous upward move. What’s next for crude oil? Whether a potential freeze agreement between OPEC and non-OPEC members will push the commodity to fresh 2016 highs or rather lead to a further deterioration? Will the technical picture of the oil market give is more clues about future moves? We invite you to check our Oil Investment Update. Have a nice read.
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Oil Investment Update: Crude Oil - Trend Reversal or Bigger Pullback?
March 3, 2016, 6:26 PMIn recent weeks, crude oil bounced off the multi-year low of $26.05 and closed the previous month above the 2009 low. Although this is a positive signal, which suggests further improvement, many oil investors are still wondering whether the final bottom is already in or maybe the recent rally is just the bigger upward correction. Will the oil-to-gold and other interesting ratios give us more clues about future crude oil’s moves?
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Oil Investment Update: Crude Oil’s Final Bottom – Price Target
February 5, 2016, 4:05 PMIn the previous month crude oil declined sharply, breaking below the barrier of $30 and reaching levels not seen since Sep 2003. Despite this bearish event, the commodity rebounded sharply in the third decade of the last month, erasing around 60% of earlier declines. This week brought another downward move, which took the commodity under $32. What’s next?
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