OPEC's Oil Production Slightly Rose in April 2012
According to the latest May report by the Organization of the Petroleum Exporting Countries regarding the recent developments in the oil market, the OPEC oil production slightly increased again during April compared with March’s oil production le
Oil Stockpiles Slightly Rose by 1.5MB– May 9
In this week's petroleum and crude oil report by the Energy Information Administration, it was reported that petroleum and crude oil stockpiles slightly rose during the previous week. their decline.
Light Sweet Crude Forecast May 10, 2012, Technical Analysis
The Light Sweet Crude markets fell again during the Wednesday session as the Americans reported a build again in inventories. However, as the session drew to a close, the action produced a hammer yet again. In fact, this is the third hammer in a
Gold and Silver Continued Their Downward–Recap May 9th
Gold and silver prices continued their downward trend with no clear end in sight. Crude oil prices also declined during yesterday trading. Alternatively natural gas price hiked again yesterday. Finally, the Euro depreciated again against the U.S.
What’s Up with Natural Gas? In Short, Nothing Much
What is going on with natural gas? This energy commodity many had deemed to continue its collapse until it will reach the bottom price of $1.5 (my colleague even speculated it might even reach $1). But now it’s making a sudden recovery. Since Apr
Light Sweet Crude Forecast May 7, 2012, Technical Analysis
The Light Sweet Crude markets fell hard during the Friday session as the Non-Farm Payroll numbers came in at a light 110,000 jobs added in America for the month of April. The fall for the session was very violent, and sliced through what would be
Crude Oil Weekly Fundamental Analysis May 7 – 11, 2012, Fore
Introduction: Crude Oil is considered the king of the commodities markets.The Strategic Petroleum Reserve is the United States’ emergency oil stockpile, and it is the largest emergency petroleum supply in the world. The reserve stores about 57
WTI Crude Oil Slides Below Rising Trendline
After the failed attempt to break above a declining trendline, WTI crude oil fell sharply. In 3 daily candles the market wiped out gains since almost 3 weekly sessions ago. The daily chart shows the latest daily candle sliding below a rising tren
Crude Oil Fundamental Analysis May 3, 2012, Forecast
Analysis and Recommendations:Crude Oil began to tumble after Wednesday’s EIA inventory report which showed, U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.8 million barrels from the
Light Sweet Crude Forecast May 2, 2012, Technical Analysis
The Light Sweet Crude markets had a strong day on Tuesday as the “risk on” attitude came back into the markets. This was lead by the better than expected ISM numbers out of America, and the announcement does suggest that the industrial base of th
Light Sweet Crude Forecast May 1, 2012, Technical Analysis
The Light Sweet crude markets had another tight session on Monday as the markets continue to try and figure out the economic growth prospects around the world. This fundamental question will determine whether or not the demand can justify these h
Gold and Oil Prices Declined on Monday –Recap April 30th
Commodities market didn’t perform well on the last day of the month as gold and silver prices decreased. Crude oil prices changed direction and edged down on April 30th after they had increased for four consecutive days.


