Tags » Oil Markets

11-04-2014 Brent Crude Analysis

Weekly Chart

Notable Comments/Data

  • US crude oil inventories rose by 4.03m barrels in the week ending April 4
  • US total crude oil inventory : 384.1m barrels…
  • 664 more words
Technical Analysis

04-04-2014 Brent Crude Analysis

Monthly Chart

The monthly chart actually did nothing that interesting in March and has only begun to violate the lower trend line during this month. Basically got an entire month to go before the current candle closes and a break can be confirmed but we can already see there’s some downside pressure and the market draws ever closer to the apex. 557 more words

Technical Analysis

28-03-2014 Brent Crude Analysis

Weekly Chart

Notable Comments/Data

  • US crude oil inventories rose 6.6m barrels in the week ending March 21. Build of 2.8m expected
  • US total crude oil inventory : 382.5m barrels…
  • 514 more words
Technical Analysis

21-03-2014 Brent Crude Analysis

Weekly Chart

A interesting week as the market has come off far enough to test the lower trend line and was also able to trade slightly below it briefly. 663 more words

Technical Analysis

14-03-2014 Brent Crude Analysis

Weekly Chart

The oil markets are responding to the Ukrainian crisis just as much as Fixed income. The market spent the week slowly coming off before shooting upwards on Friday after major concerns of escalation in Ukraine. 375 more words

Technical Analysis

Tullow Suspends Work Off Guinea as Partner Investigated by U.S. – Bloomberg

Tullow Oil, a U.K. explorer operating mostly in Africa, has suspended work at a project off Guinea following the start of an investigation into its partner, Hyperdynamics Corp.  247 more words

Oil

07-03-2014 Brent Crude Analysis

Weekly Chart

It was quite an interesting week in Brent thanks to the increased activity and larger trading range compared to recent weeks. The week started off with plenty of gains thanks to the tensions in Ukraine before spending the rest of the week coming off and settling slightly lower. 489 more words

Technical Analysis