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...
253 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...
297 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...
218 Views
Oil ETFs: Don't Throw Good Money After Bad
The stock price of United States Oil Fund Lp (USO US), an ETF that bets on a rise in WTI crude futures prices, has been hammered over the past...
378 Views
Weekly Oil Views: Prices Clobbered as Pandemic Keeps Demand in Shackles
Crude stabilized a bit after a bizarre start to the week, with WTI settling in the negative for the first time in the 38-year history of the...
267 Views