Crude Oil About To Decline 50% Following Triple Top
by Kimble Charting Is the stage set for Crude Oil to experience a decline of at least 50%? Possible This chart looks at Crude Oil on a monthly basis over the past 20-years.
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U.S. Consumers Will Pay The Bill For Higher Crude Prices
By Haley Zaremba Oil producers around the world are sticking to their guns and keeping oil production capped even as oil prices continue to rise. Historically, the highly cyclical and
Crude Oil Rally Stalling? Stock Market Bulls Hope Not
by Kimble Charting The 4-month rally has been broad-based, with other risk-on assets like crude oil rallying in stride. This isn’t a surprise, as crude oil will often perform in line when the
Crude Oil Could Be Peaking Here, Impacting Stocks
by Kimble Charting Crude Oil and the S&P 500 peaked last fall together and bottomed at the same time in December. Could they both be peaking together again this week? Joe Friday suggests keeping
Are China’s Crude Reserves Quietly Dwindling?
By Haley Zaremba When it comes to its strategic petroleum reserves–and most other things, for that matter–China keeps its cards close to the vest. While tight-lipped government agencies have not
Oil Rallies Despite Large Crude Build
By Irina Slav Crude oil prices brushed off the Energy Information Administration inventory report today, which saw a 7-million-barrel build in crude oil inventories for the week to April 5. The authority
Who is Lying? Stocks, Crude Oil or Yields?
by Kimble Charting Crude Oil, Stocks, and Yields have experienced a high degree of correlation over the past few months. All three peaked together near the end of September and all
Which Countries Have the Biggest Crude Oil Reserves?
by howmuch Crude oil is a fossil fuel derived from marine plants and animals that died millions of years ago, before the dinosaurs. In its liquid form, crude oil can be
Venezuela Fails To Sell Its Heavy Crude Amid Dwindling Supply
By Irina Slav More than eight million barrels of Venezuelan crude oil is sitting in tankers as U.S. sanctions are preventing the country from selling the commodity worth about half
Crude oil trading strategy for beginners
Crude oil is one of the world’s most demanded commodities and its price fluctuations make it very attractive to traders. With a strong trading plan and strategy, investing in crude
Venezuela Will Continue Exporting Crude To U.S.: Maduro
By Irina Slav Venezuela will continue trading with the United States despite the fact Washington broke off diplomatic relations following president Nicolas Maduro’s inauguration for a second term in office,
Crude Oil Leads Bond Yields
by Tom McClellan If you want to know what long term bond yields are going to do, you don’t need some fancy econometric model that incorporates GDP growth, unemployment rates, factory
Darkening Outlook For Global Economy Threatens Crude
By Nick Cunningham “The outlook for the global economy in 2019 has darkened.” That conclusion came from a new report from the World Bank, citing a variety of data, including softening international trade
OIL DOOM NOW: US crude plunges 6.7%, settling at 18-month low at $42.53, as stock market slides
With Mattis gone, the Middle East’s oil landscape uncertain, says John Kilduff from CNBC. Oil prices fall in line with another decline across global stock markets on concern about
Key Charts To Watch As Crude Oil’s Bust Continues
by Jesse Colombo Crude oil’s plunge continued on Tuesday due to fears of a growing glut and economic slowdown. West Texas Intermediate crude oil fell 7.3% to $46.24 a barrel,
