Weekly Oil Views: Crude in Correction Territory Amid Oversupply, Risk Aversion
It took jitters in the broader financial markets to force benchmark crude futures to align with the weakening physical market fundamentals, but it...
248 Views
Short Oil/Long Gold Will Reward
WTI oil bear plunge confirms our bear stance and the weak demand side of the equation. We outline fresh resistance points to re cycle short...
245 Views
Crude Collapses to 3-Month Lows as Financial Markets Swoon
- Benchmark Brent and WTI crude futures were sliding early Wednesday in Asia after settling at close to three-month lows on Tuesday as growing...
317 Views
Oil Support Break and Macro Downside Risk
WTI is finally seeing some downside pressure building after breaking pivotal support at 42/41.50 and validating our short bet from 43.35. Our stop...
248 Views
Weekly Oil Views: Crude Yanked Down by Risk Aversion
Crude took a sharp dive last week, in sympathy with There were two main factors behind the slump: A sharp rebound in the US dollar from...
251 Views