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By Dominick A. Chirichella |
February 29, 2012
Oil is being driven by two main catalysts. First, the ongoing geopolitical risk in the Middle East and Africa. Second is the amount of liquidity Central Banks continue to put in the market
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By Dominick A. Chirichella |
February 22, 2012
Oil prices are still being driven by the evolving tensions in the Middle East between Iran and the West, and to a much lesser extent based on the direction of the euro and the US dollar
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By Dominick A. Chirichella |
February 15, 2012
The evolving geopolitical situation in the Mideast, especially Iran, provides a bullish overtone while the ongoing saga around Greece is bearish
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By Dominick A. Chirichella |
February 8, 2012
EIA said that US oil demand for 2012 to be about the same as 2011 even though they are projecting a 2.1% decline for the first quarter
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By Dominick A. Chirichella |
February 2, 2012
EIA's latest oil inventory report was bearish and has played a major role in the most recent leg down in oil prices
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By Dominick A. Chirichella |
January 25, 2012
Signals from Europe were more bearish than they have been in weeks putting some pressure on the euro and thus oil closing in negative territory
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By Dominick A. Chirichella |
January 18, 2012
Oil continues to hang on geopolitical tensions, particularly those related to Iran. As such, expect inventories to remain secondary
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By Dominick A. Chirichella |
January 11, 2012
At the moment oil prices are still being mostly driven by the tensions building in the Middle East between Iran and the West coupled with the direction of the euro and the US dollar
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By Dominick A. Chirichella |
January 4, 2012
Oil prices are being mostly driven by the tensions building in the Middle East between Iran and the West coupled with the direction of the euro and the US dollar
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By Dominick A. Chirichella |
December 21, 2011
With the macroeconomic data out of the US continuing to outperform and as long as nothing new emerges out of Europe the current short covering rally could continue
