Tags » Brent Crude

May 21, 2015

Stocks are higher in early trading (Dow +8 pts; SPX +.24%). Telecoms are leading way again, along with industrials and energy stocks. WTI crude oil rebounded back over $60/barrel this morning and Brent crude is trading up to $66.50/barrel.   464 more words

Crude: Reversal or bear rally?

Inflation-adjusted crude oil prices are close to their 2008 low, but if we look back to the 1980s and 1990s, prior to China’s entry into the markets (apart from a brief spike in September 1990) that was the 20-year high. 38 more words

Brent Crude

April 28, 2015

Major averages gapped down at the open but quickly recovered after clarification that the Iranian navy did not board a US-flagged cargo ship today. The Dow and SPX are currently up 42 pts & .1%, respectively. 414 more words

April 20, 2015

Stocks gapped up at the open, erasing most of Friday’s selloff. The Dow and SPX are currently up 243 pts & 1%, respectively. All ten sectors are in the green, led by utilities, tech and energy. 260 more words

Brent Crude 1pm

If this level is broken then expect a move higher in the short term.

Commodities

Crude breakout: exercise caution

Nymex Light Crude broke resistance at $55/barrel, signaling the end of the narrow consolidation of the past few months. Some have heralded this as the end of the bear trend and start of a bull market. 73 more words

Brent Crude