As WTI crude oil tests an important area of support/resistance near $49 there are some signs that crude prices could ultimately fall below $40 if... Continued
The Annotated Crude Oil Crash
An interesting timeline of the 2014-2015 Brent crude oil crash via Bloomberg Briefs:
Energy and Gold’s Evening Must Reads
Bears come out to play as Gold, Silver, Platinum and Gas among other commodities get mauled MarketWatch: Gold post biggest drop in the past 14 months!!! ... Continued
Energy & Gold Must Reads
Bloomberg: Oil baron Hamm shares outlook on spending and Oil production CEO: Zinc is facing a substantial supply deficit, InZinc may be in prime position Oilprice.com: Gangs,... Continued
Energy & Gold Evening Must Reads
A wild day in the equity markets and some early signs of a bottom in crude. Here's what we are reading this evening... Marketwatch: He... Continued
6 Positive Signs for Crude Oil
There are some constructive signs mounting in crude oil: Demand has clearly picked up in the US as drivers enjoy sub-$2 gasoline prices in many... Continued
Hedge Funds Pile on Bearish Oil Bets
During the week ending January 20th hedge funds increased short positions in WTI crude oil futures to the highest levels since September 2010: There is... Continued
Energy & Gold Weekend Linkfest
Lots of quality material to read over this weekend: Peter L. Brandt: The NYSE Composite is forming a near textbook continuation H&S pattern, get ready for... Continued
Quotes on Oil from Davos
A set of quotes on oil from some people in high places from Bloomberg Briefs: There are some observations and deductions to be made from this... Continued
Iraqi Oil Supply Exploding
From Bloomberg Briefs: Iraqi oil production has absolutely exploded during the last 6 months to now more than 4 million barrels of oil per day.... Continued