Tag: oil

The following are charts and data showing non-commercial futures trading positions as of November 14, 2017. This data was released with the October 17 Commitment...

The geopolitical backdrop in the Middle East is fluid to say the least, and this fluidity has helped the black fluid undertake what is...

This US energy update was power by data from my firm Avory Research. The chart highlights the shrinking energy trade deficit, the drop in...

Crude Oil Chart – Daily   West Texas Crude Oil (WTI) is currently sitting under $50 per barrel. After bouncing off its 200-day average and chart support...

West Texas Crude Oil (WTI) bounced up near $49/$50 last week after holding chart support in the $46 region. But that price area represents...

After poking its head above the $50 level for the first time since May, West Texas Crude Oil (WTI) is backing off a bit. Is...

Where Is Crude Oil Headed? West Texas Crude Oil (WTI) is currently sitting near $47.85/barrel, and continues to waffle around its 200-day average near $48.75....

We have an oil market in indecision. Indecision = compression. Crude oil price compression is building energy for a big move. There a variety of influences...

Crude oil has gone nowhere over the past 10 weeks. We’ve been discussing the potential for a breakout trade in our market recap videos for the past several weeks as...

This post was written by Derek Benedet of Richardson GMP. And it never failed that during the dry years the people forgot about the rich...