Chart Of The Day: Trading The Decline In Crude Oil Prices | Latest News RSS feed

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


Chart Of The Day: Shorting Oil As It Stumbles Toward $43

Trading is now forming a flag, bearish after a sharp decline. The psychology behind ... this longest losing streak on record for oil is the ultimate setup for the definitive bearish flag. As such pric... read more

Distillate Cracks And Term Structure In Crude Oil Could Be Signs Of A Bottom

Since October 3, the price of NYMEX crude oil futures has declined for six consecutive weeks. Source: CQG As the daily chart of ... that lower nearby prices could lead to a decline in production ... read more

Crude’s Collapse Is Sending Shockwaves Across Global Markets

From stocks and bonds to currencies, assets worldwide are gripped by a crude awakening. Monday saw oil’s largest one-day drop in three years, securing its longest losing streak on record. Early tradin... read more

Looking for another news?


Calm Before The Storm As Sterling Halfs Decline

This was the biggest drop since the day the UK ... The price of WTI crude oil moved slightly higher in the Asian session but remained near the lowest low since November this year. This was a minor sup... read more


Chart Of The Day: Trading Oil's Record Plunge

The price of oil ... crude market is struggling to stop the rout that yesterday hit 12 straight days. Moreover, this is the sixth straight week WTI is falling, which hasn't been as widely acknowledged ... read more

Wrongway bet on asset that has surged 20% this week has intensified oil’s rout, says prominent trader

Prominent trader Mark Fisher has a theory on why crude-oil prices unraveled ... the additional decline was exacerbated by quantitative investment funds that were unwinding positions. Providing critica... read more

Oil Price Fundamental Daily Forecast – Sentiment May Be Getting Ready to Shift to Upside

Both WTI and Brent crude oil have hit potential support zones on the monthly chart. Additionally ... I’ll have to chalk up the three day move to light short-covering. At 0809 GMT, January WTI crude oi... read more

Natural Gas And Crude Oil - A Case Study In Discipline And Risk

In the crude oil market, the prices ... November 14, a decline of 74.45 but the price action the following day took it to a high at $4.84, a gain of 72.2%. The average daily trading volume in ... read more

Crude Rises After Cia Concludes Saudi Crown Prince Ordered Khashoggi Killing

The price of crude oil jumped by ... The pair is now trading at 1.1400, which is slightly lower than Friday’s close of 1.1420. The current price is along the 15-day EMA. It is also above the 30-day EM... read more

USD/CAD Daily Price Forecast – USD/CAD Trades Range Bound For Fourth Consecutive Trading Session

The commodity linked currency Canadian Loonie which is backed by crude oil is trading highly bearish in broad market owing to continued decline in ... by 0.10% on the day. While US Greenback ... read more

Oil prices resume decline on oversupply worries

Record oil supply heads to Asia: https://tmsnrt.rs/2PTGpUg * U.S. crude inventories rise amid surging production - API * Outlook darkens as Japan, Germany report GDP contractionin Q3 (Adds quotes, eco... read more



FeedsRSS Created by. Full RSS Feed | Privacy Policy | Contact Us