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Chart Of The Day: Trading The Decline In Crude Oil Prices - Latest News


Crude Oil Prices Stabilize in January: 5 Top Picks

Crude oil prices ... Several oil experts have forecasted that both benchmark prices may move up to 20-30% in 2019. Positive Developments on Trade War Front The three-day meeting between mid ... read more

Crude oil futures down for the 2nd consecutive day

The price of crude oil is trading at $50.71 ... Looking at the daily chart above, the rise over the 8 day period is big, but when you compare it to the 3 month decline from $76.90 to $42.36, the corre... read more

A Christmas Eve Low In Crude Oil

When crude oil was near the high, many analysts were looking for a return to triple-digit oil prices ... As the chart shows, the Saudis produced only 10.65 million bpd in December a decline ... read more

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Oil settles higher as analysts forecast a weekly decline in U.S. crude supplies

Oil prices settled ... eighth weekly decline in a row for crude stockpiles. September West Texas Intermediate crude rose 27 cents, or 0.6%, to settle at $47.64 a barrel on the New York Mercantile Exch... read more


EUR/USD Forecast: market pricing in more ECB's dovishness

US equities bared quite well with risk-factors, getting an expected boost these last few days from better-than-expected banks' earnings reports, and rising crude oil prices ... for a steeper decline i... read more

Sterling Rises Ahead Of Key Brexit Vote In Parliament

Sterling rose in early trading as investors ... The price of US crude dipped from last week’s high of $53.59 to a low of $51.21. On the hourly chart, the price is below the 21-day and 42-day EMA while ... read more

Watch Out for an Upside Breakout on Crude Oil

In this futures continuation chart of crude oil, above, we can see a pattern of higher lows (uptrend line) and a rough horizontal line. Prices have recently rallied above the 20-day and 50-day ... and ... read more

Why Crude Oil Prices Are Likely to Follow Drop in US Dollar

Despite this decline ... weekly chart, crude oil reached the September 2012 top (in terms of intraday highs) in the previous week. Yesterday, light crude extended declines and almost reached the Septe... read more

The Real Reason For The Big Sell Off In Oil

Crude oil prices rallied over $13 per ... the $68.64 level is what triggered the steep decline this week and the shift in momentum. This was likely fueled by sell stops. Nearby WTI Crude Oil on the da... read more

USD/CAD Daily Price Forecast – USD/CAD On Consolidation Action Post Overnight Decline

Crude Oil Price ... intra-day charts show consolidative action which suggests that the pair could continue consolidative action near mid 1.32 handle for rest of the day’s trading session. read more

Oil 2019 Forecast: A Tug Of War Between Bulls And Bears

From October 2018, the price of Brent Oil and WTI Crude have fallen by roughly 45%. OPEC to reduce the oil production level by 1.2 million barrels per day ... the decline in oil prices has come ... read more



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