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Tag Archives: crude oil

Crude Oil Sell Signal

crude oil sell signal

Crude Oil Sell Signal Crude oil broke below a triple-bottom on Thursday July 7th and the price action today points to more downside ahead. Crude oil rallied early in US trading session and touched as high as $45.77 but has faded once again and is now trading at a session low. Investors loved risk today ...

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Crude Oil Higher

Hedge funds increased bullish bets on WTI to the highest level since May 2011, according to the U.S. Commodity Futures Trading Commission.

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Brent near 3-month peak

Brent crude steadied around three-month highs on Thursday, supported by expectations the Federal Reserve will keep its stimulus programme to aid the U.S. economy, while a sharp decline in crude inventories lifted U.S. oil to near 16-month peaks.

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