Crude Oil Fundamental Analysis May 14, 2012, Forecast
Analysis and Recommendations:Crude Oil at this writing looks to be ending the day at where it started. Crude is trading for 97.06 without any momentum at all. Disappointing and overall negative data from China today reduced global demand for
Oil Prices – Weekly Recap 7-11 May 2012
Crude oil prices continued their descent and declined again during last. The news from OPEC of the steady rate of OPEC’s oil production and the rise in OECD oil inventories is plausibly a sign that crude oil prices, from the standpoint of the fun
Technical Analysis, May 14th — May 18th, 2012
The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of May 12th, 2012.
Gold Silver and Oil Ended the Week Declining–Recap May 11th
Gold and silver prices resumed their downward trend and ended the week falling. Other commodities also declined including crude oil (WTI); natural gas future continued to trade up yesterday. Finally, the Euro also resumed its descent and thus dec
Commodity Prices — May 11th 2012
Commodity prices for May 11th 2012.
Crude Oil Fundamental Analysis May 11, 2012, Forecast
Crude Oil is trading at 97.00 even as the markets close on Thursday. Today’s trading continues on risk aversion and on negative eco data.Inventories of crude oil show a glut in the world markets not just the US. US inventory reports showed th
Light Sweet Crude Forecast May 11, 2012, Technical Analysis
The Light Sweet Crude markets rose slightly by the end of the Thursday session. The market has been under extreme pressure over the last couple of sessions, and the chart certainly reflects this. However, one cannot help but notice that the last
OECD Oil Inventories Rose by 12.5 Mb during March – IEA Oil
According to the recent May report done by the IEA – International Energy Agency on the global crude oil market as of March/April 2012. As the global Oil Supplies rose during April; the non-OPEC supply also increased during last month. OPEC oil i
Soybean Prices Go Higher, Oil Prices Decline
Soybeans gained today after three sessions of losses on speculation that adverse weather in South America will bolster demand for US exports. Oil was down today extending its losses after the US Energy Department reported yesterday that US stockp
Crude Oil Fundamental Analysis May 10, 2012, Forecast
Analysis and Recommendations:Crude Oil remained depressed falling ever since the release of the US Nonfarm report last Friday.
Today’s crude oil inventory, from the EIA showed.
In its weekly report that U.S. crude oil inventories rose by
Commodity Prices — May 9th 2012
Commodity prices for May 9th 2012.
Light Sweet Crude Forecast May 9, 2012, Technical Analysis
Light Sweet Crude markets got hit hard again on Tuesday as the “risk off” trade accelerated. The leftists in Greece have come right out and stated that they consider the austerity measures as “null and void”, and this sent all risk assets down fo


