Volatility in the world crude oil prices (WTI crude oil) in the past couple of months has caused some ruckus in the other financial markets. Moving forward, where will WTI crude oil in the days to come? [Read more…] about Technical Update On WTI Crude Oil
WTI crude oil suffered an unprecedented fall last week when it was dropped like it was hot from a high of $114.81 per barrel to a low of $94.65 in a matter of days. Since then oil prices have rebounded again. However, it appears that oil could bound for another dip in the near term. [Read more…] about WTI Crude Oil To Slip Again?
For most of us, crude oil price soaring higher is definitely unfavorable as gas price and public transportation cost will most likely [Read more…] about Crude Oil Looking To Set A New 2-year High
In my post last March 4 about WTI crude oil (please see it here), I mentioned that its price could reach 110.00 US Dollar per barrel. Well, that is still pretty much a go at least from the technical point of view. [Read more…] about WTI Crude Oil Seen To Continue Climbing
Here’s an info-graphic on cornfields vs oilfields:
The price of global crude oil once again reached $100.00 per barrel and has been trading in that area more roughly more than a week now. Will it continue to go higher? Let us see. [Read more…] about WTI Crude Oil Could Reach $110.00 Per Barrel
WTI Crude soared back to $92.84 per barrel yesterday (January 31, 2011) during the height of the social and political unrest in Egypt. [Read more…] about WTI Crude Oil Aiming For $100 Per Barrel
Hello finance peeps! Today I’m going to talk about crude oil. If you have been tuned in to the markets for the last several months, perhaps you know or at least have heard from someone that commodities like gold and silver have recently marked their new historical highs. But unlike those two metals, the people’s “black gold” managed to stay out of the radar. In fact, during the time when both gold and silver were making new highs after another, the price of crude oil has only traded sideways – between $70.000 per barrel and $87.350. [Read more…] about Will Crude Oil Follow Gold’s Path?