Weekly Oil Views: US-China Tensions Threaten to Become Fresh Headwinds for Oil
Brent and WTI staged a strong rally over May 14-21 to levels not seen in two and a half months. The cumulative rise stacked up to 24% for Brent and...
224 Views
Weekly Oil Views: Prices to Inch up in Lockstep with the World's Reopening
As the world tiptoes out of the coronavirus lockdowns, Crude Oil (CRUDE OIL COMDTY) prices have begun their slow ascent. The risk-off sentiment in...
102 Views
Weekly Oil Views: Prices Bounce from Apr Nadir but Further Gains May Be Slower
“Sell in May and go away.” The old adage advising financial market investors to divest their holdings in May and return to buy for the winter...
248 Views
Weekly Oil Views: Crude Rebounds on Tentative Hope of Supply-Demand Gap Narrowing
Brent futures ended April with a 31% rebound from an 18-year low of $19.33/barrel hit just seven days ago. NYMEX WTI settled at $18.84 on the last...
292 Views
WTI Next Plunge
Crude Oil (CRUDE OIL COMDTY) is bouncing into near term resistance with intermediate overhead resistance that increases odds of another hard...
215 Views