Tag: crude investing
Crude Oil: How Low Will It Go?
Crude bears are quickly coming out of hibernation… As energy investors are fully aware, bulls have been in control of oil prices for most of the summer. Multiple Middle East uncertainties pumped a massive fear premium into the crude market starting in early July. The essential commodity shot to $112 a barrel when Chicken Little […]
Technical Analysis: Is Crude Ready To Run Over $100?
Remember that potentially explosive chart of West Texas Intermediate (WTI) crude I showed you a few days ago? Well, it’s about to get even more interesting. But before I show you what’s in store for crude trading this week, let me quickly recap the long-term technical chart… As you can see in the weekly chart […]
