OIL (F)

Crude oil prices this week cratered to a fresh 2018 low on yet another build in US crude stockpiles. The latest data from the Energy Information Administration, which collects the data weekly, showed that in the week ending November 23rd,… Read More

Crude oil prices continued to slide this week, moving into either seventh consecutive weekly decline. This is now the longest consecutive losing streak in oil since the markets collapsed in 2014 and many market participants are fearing that… Read More

Crude oil extended its current sell-off to a sixth consecutive losing week this week. The increased selling came on the back of yet another reported build in US crude oil inventories. The latest data from the Energy Information… Read More

Crude oil extended its decline into a fifth consecutive week this week as the US crude oil inventories were seen rising once again. New Weekly High In Production The latest data from the Energy Information Administration showed that crude… Read More

Crude oil extended its bearish run this week, printing a fourth losing week as the latest data from the Energy Information Administration showed US crude oil inventories rising for their sixth consecutive week. The report from the EIA… Read More

Previously we talked about how commodity prices and forex were more linked than meets the eye. The case of energy, as best illustrated by oil prices, deserves a closer look; and shows us how the market can react quite counterintuitively.… Read More

Forex and commodities are often treated as two completely separate and unrelated instruments - there are forex traders, and there are commodity traders. And if you are trading strictly on technicals, that separation makes sense; commodities… Read More

Crude oil prices plummeted further this week, marking their third consecutive weekly loss, with price now down around $10 from the 2018 high watermark. The catalyst for this most recent decline was the latest report by the Energy… Read More