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A Climactic Bottoming Event in Crude Oil

I have not kept it a secret that I have been looking for a marginal new low in WTI crude to wash out weak handed... Continued

Posted on March 18, 2015March 19, 2015
by Ceo Technician

crude oil, EIA, Energy, Gold

Tags
Crude Oil, Gold, inventories

Two Charts That Say Everything You Need to Know About Oil

US crude inventories are at record highs and production is at the highest levels in several decades. Meanwhile, refinery outages (both planned and unplanned) are... Continued

Posted on January 29, 2015January 29, 2015
by admin

crude oil, EIA, Energy

Tags
contango, crude futures curve, Crude Oil, front month contract, Refinery outages

Crude Stages Reversal Post-Weekly EIA Report

Front month crude futures briefly touched $44.52/barrel following the weekly oil inventories report from the EIA which contained the following sentence: "At 406.7 million barrels, U.S.... Continued

Posted on January 28, 2015January 28, 2015
by admin

crude oil, EIA, Energy

Tags
Crude Oil, EIA, resistance, support

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