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By Dominick Chirichella |
July 23, 2014
Crude oil prices have been struggling to hold above the breakout point for both the WTI and Brent contract after declining and settling below their respective support levels yesterday.
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By Dominick Chirichella |
July 16, 2014
Things are starting to look economical for Brent-based crude oils, while WTI remains in a backwardation.
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By Dominick Chirichella |
July 9, 2014
The Iraqi oil price risk premium is now completely out of the market even as the fighting continues but oil flow has not been interrupted nor does it look like it will anytime soon.
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By Dominick Chirichella |
July 2, 2014
Crude oil prices are drifting lower as Libyan rebels announced that the government is now free to start pumping oil from the two eastern ports.
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By Dominick Chirichella |
June 25, 2014
The crude oil complex took a breather from the evolving situation in Iraq to react to a bit of a “shot over the bow” regarding exports of oil.
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By Dominick Chirichella |
June 18, 2014
Crude prices are firm so far this morning as fighting in Iraq continues and the API reported a much larger than expected draw in U.S. crude oil inventories
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By Dominick A. Chirichella |
June 11, 2014
Oil prices are steady ahead of the EIA oil inventory report after a few surprises in last night’s API inventory report.
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By Dominick Chirichella |
June 4, 2014
Today’s oil pricing direction should be primarily influenced by the outcome of this morning's EIA oil inventory report.
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By Dominick Chirichella |
May 21, 2014
A bit of a surprise in the API inventory data showing a 10.3 million barrel draw in crude oil.
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By Dominick Chirichella |
May 14, 2014
The only way to eliminate the growing surplus of crude oil in the U.S. is to open up the export channel as imports are at the lowest level in years.
