ENTITY

Crude Oil (CL1 COM COMDTY)

911
Analysis
EnergyUnited States
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.
more
bearishCrude Oil
09 Nov 2020 18:59

Biden Win Neutral for Oil for Now, Market Focus Back on Fundamentals

A Biden win has bullish as well as bearish implications for oil. But they may balance out and take a while to play out. So hold your bets. For now,...

Logo
230 Views
Share
02 Nov 2020 22:11

TMI Indicators:  November Commodity Sentiment - Base Overshoots, Ferrous Improves, Gold Bottoming?

Our text-mined commodity sentiment indicators see an overshoot in copper sentiment, a notable turnaround in iron ore sentiment, and potential signs...

Logo
335 Views
Share
bearishCrude Oil
02 Nov 2020 16:21

WTI Risk to 28 Below 32

WTI break of 37.50 support and a-b-c flat range will unleash bear pressure that will add to energy sector concerns. WTI is attracted to old highs...

Share
bearishCrude Oil
02 Nov 2020 13:31

Weekly Oil Views: Battered by Europe Lockdowns, Crude Awaits OPEC+ Rescue

Crude has been pummelled to 5-month lows. Europe lockdowns are weighing on the demand side, while Libyan supply gushing back into the market is...

Logo
364 Views
Share
bearishCrude Oil
26 Oct 2020 12:41

Weekly Oil Views: Brent Hones in on $41-43 Range but Prone to Skittish Slides

Oil market fundamentals are weak. Demand recovery in Europe and the US is under a cloud from a second wave of Covid, while OPEC+ looks poised to...

Logo
241 Views
Share
x