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By Anthony Lazzara |
October 10, 2012
Crude oil, after a swift drop to the key $88 level, has reversed course and now is trading over $93. This $93 level is our key pivot for this market.
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By Dominick A. Chirichella |
October 10, 2012
Oil made a strong recovery on Tuesday on a combination of short covering and ongoing concern over the evolving geopolitical situation in the Middle East
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By Phil Flynn |
October 10, 2012
Oil prices bucked the trend of weakness in the commodity markets because of a series of rising risks.
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By Mark Shenk, Bloomberg |
October 5, 2012
Oil pared a decline after government data showed the U.S. added 114,000 jobs last month as the unemployment rate in the U.S. unexpectedly fell to 7.8 percent.
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By John L. Caiazzo |
September 30, 2012
The financial situation in Spain continues to worsen, while riots continue in country's operating under an austerity ultimatum.
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By Moming Zhou, Bloomberg |
September 26, 2012
Oil fell below $90 a barrel as a report showed U.S. stockpiles rose for a third week and on concern the worsening European crisis will reduce demand.
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By Michael P. Regan and Rita Nazareth, Bloomberg |
September 25, 2012
U.S. stocks sank, sending the Standard & Poor’s 500 Index to its biggest loss in three months, amid concern that global stimulus measures won’t be enough to boost growth.
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By Phil Flynn |
September 24, 2012
Oil had a drop of Humpty Dumpty proportions yet somehow the oil bulls still believe.
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By John L. Caiazzo |
September 23, 2012
The European debt crisis and the grinding recovery in the U.S. housing market continue to stifle any real economic recovery.
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By Anthony Lazzara |
September 5, 2012
Crude oil futures have been in a bullish upward channel since June 2012 lows. With the recent drop from $98 to $94 per barrel, this market is approaching the lower band of this channel.
