Tag: oil
Energy Crisis Brewing? Oil & Gas Price Breakouts Stir Worries
The coronavirus crash in the spring of 2020 left crude oil and natural gas prices decimated. An energy crisis was but a remote thought...
Crude Oil Elliott Wave Forecast: New Highs, But When?
The price of crude oil is moving higher as supply side concerns grow. And this is pushing gas prices higher at the pump as...
Crude Oil Futures Could Move 10 Percent Higher On Breakout
I recently wrote a bullish trading piece on Crude Oil as it was attempting to breakout above its down-trend line.
That breakout call was premature,...
Crude Oil Price Reversal Positive For Energy Sector & Stocks
Crude oil prices have reversed course and are pushing back higher once more. This comes after oil prices held a key support level.
The...
Is Crude Oil Forming Bearish Hanging Man Price Pattern?
Several commodities have been on a tear higher over the past 18 months. This list of commodities includes crude oil.
As a key economic input,...
Oil & Gas ETF (XOP): Bullish Reversal Alongside Crude Oil?
Crude oil has traded down to an important price support zone and appears to be showing early signs of bottoming.
It's still early, but should...
Crude Oil Trading At Critical Inflection Price Point
The past several months have seen the price of crude oil rise substantially. This isn't all that surprising given that the economy is slowly...
US Oil Fund ETF (USO) Eyeing New Highs
Crude oil prices raced higher from late October to early March this year.
After a multi-week move lower, traders wondered if the crude oil rally...
Perhaps Inflationistas Should Be Watching Crude Oil?
Commodities prices have risen rather sharply over the past 12-18 months, adding to worries of pricing pressure and inflation.
As you can see in the...
Crude Oil Futures Bullish Reversal Higher Targeting $70
I am bullish on Crude oil futures for a trade here, following this week's reversal higher.
The price of crude oil futures held above the...
