Profit from Oil
A Guide to the Oil Market
Tuesday, 11 June 2013
WTI crude technical analysis: how will prices react to tomorrows EIA inventories report?
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Tonight’s industry-backed API crude inventory report showed US domestic crude stocks increased a staggering 8.97 million barrels, way abov...
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Tuesday, 4 June 2013
WTI Crude Technical Analysis: Further to fall?
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WTI has trended downward from a high of $96.8 on 20 th May to reach as low as $91.20 at the start of the week, before rebounding back up ...
Thursday, 23 May 2013
Brent and WTI technical analysis: Waiting for a trend form?
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As the charts below shows, Brent and WTI have both been trading in a range since the beginning of May, with the North Sea grade ranging...
Monday, 13 May 2013
The Correlation between Oil and Other Market Products: Equities
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Many traders look for correlation strategies where either a trend in some security translates into a trend in another, or the disconnec...
Saturday, 20 April 2013
Weekly Crude and WTI Oil Market Summary: Brent falls below $100 for first time in 9 months.
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15/Apr/13 - 19/Apr/13 In the week preceding this, announcements form major international energy organisations adjusting oil demand ...
Wednesday, 17 April 2013
Weekly WTI Crude Oil Inventory Analysis: EIA release of 17th April
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Summary of today’s release: last weeks’ change in Crude Inventories figures: API: -6.7m EIA Consensus: +1.2m EIA actual: -1.2m ...
1 comment:
Tuesday, 9 April 2013
Crude Oil Technical Strategy: Trading the Relative Strength Index (RSI)
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Read oil market news and you're bound to come across references to technical analysis, which is viewed by many traders as an importan...
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