ENTITY

Crude Oil (CL1 COM COMDTY)

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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.
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bearishCrude Oil
14 Oct 2019 12:37

Weekly Oil Views: Market Likely to Shrug off Damp Squib of a US-China "Deal"

It was something of an anti-climax. The US and China capped a week of sanguine anticipation over a “partial” trade deal by agreeing to minor...

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bearishCrude Oil
07 Oct 2019 13:24

Weekly Oil Views: Market Sticks with Bleak Outlook, the Only Certainty for Now

The oil market is indeed surrounded by “black swans”, as the Russian energy minister put it last week.  Just count the variables – an economic...

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bearishCrude Oil
30 Sep 2019 15:41

Weekly Oil Views: Goodbye Risk Premium, Hello Demand Pessimism

It’s been a fortnight since the most brazen drone and missile strikes on two of Saudi Arabia’s largest oil facilities left them severely damaged...

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bullishCrude Oil
23 Sep 2019 17:19

Weekly Oil Views: Saudi Outage Shock Creates a Bipolar Oil Market

The outage of 60% of Saudi Arabia’s crude production due to last Saturday’s crippling drone and cruise missile attacks on the Kingdom’s Abqaiq and...

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bullishCrude Oil
23 Sep 2019 15:43

WTI Tactical Long/Short Range

Crude Oil (CRUDE OIL COMDTY) is setting up for a secondary spike on supply constraints and increased tensions. Chart support comes in near Friday's...

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