Brent crude oil sends a strong reversal signal
The doji pattern that the Brent crude made yesterday sends a strong signal that the extended downtrend has run out of steam; buying the futures at current market levels provides great opportunities on the upside. Yesterday More...
Crude oil prices ease with traders awaiting Janet Yellen’s speech at Jackson Hole
Thursday US economic data offset disappointing flash China manufacturing PMI bringing some relief for crude oil; suspense ahead of Fed Chair’s speech at Jackson Hole keep traders off big bets. The West Texas More...
Crude oil continues its downtrend in Asian trade on a bearish EIA crude inventories report
Oil futures continued trading lower; prices were suppressed by increasing crude oil inventories and easing geopolitical tensions. Crude oil futures continued their slide in Asia today on an uptick in US crude oil More...
