Welcome to Profit from Oil: a Guide to the Oil Market

Welcome to Profit from Oil: a Guide to the Oil Market. The aim of this blog is to provide commentary and news regarding current oil prices and the future market outlook.  I'll regularly be posting a combination of news commentary and fundamental macroeconomic analysis, as well as discussing potential technical factors influencing the oil price.

While most of the posts will relate to the more well-known types of analysis, I'll also be periodically introducing less-common technical analysis and discussing whether these tools have any relevance to current market sentiment. With this discussion I hope to further both my own and your knowledge of potential analytical tools that could be used to better our understanding of this complex market.

As well as frequent technical and fundamental analysis and commentary I will be posting more general, one-off guides to the oil market such as market overviews and guides to the supply and demand factors that generally influence the oil price. Therefore by following this blog I hope to give you the chance to not only understand the current issues at play regarding the markets, but also understand the history and background behind this important commodity.

As anyone who has an interest in markets will know, it is only by sharing and discussing ideas that our knowledge grows; hence I welcome all comments and questions and will share my own views in response.  If you agree with me that’s great, and if you disagree that’s even better! Furthermore, the topics behind my posts will be based not only on current issues but also on any feedback or questions I receive, so please ask away!

While the title of this blog is Profit from Oil: a Guide to the Oil Market, I do not pretend to be an expert in the oil market and nor am I giving investment advice.  Rather I hope that you will use this blog as a tool to find out more about oil as both a commodity and a financial instrument, as well as building your awareness of the fundamental and technical factors that influence its price. Above all, while I hope you will find my views useful and interesting, you should question them as much as you should question anyone else’s views on market issues.

Thanks for reading this introductory post, look out for the first post covering oil market commentary coming up in the next couple of days!