Tags » Brent Crude

Brent Crude & COFFEE 2-10-2016

Hey Traders!!

I am short BRENT CRUDE after a breakout of its triangle pattern and close below horizontal support. Price had stalled and attempted to rally, but based on the candle formations it seems the rally has failed. 92 more words


World Bank cuts 2016 oil forecast, Indian basket at 14-year low

With global crude oil prices in free fall through most of 2015, the World Bank has sharply revised downwards its forecast for oil price in 2016, at an average of $37 a barrel from $51 predicted in October, in the context of the continuing supply glut and low demand prospects from emerging economies. 168 more words

19 Jan 2016 (AFR) - Oil falls under $US28 as Iran prepares to boost shipments

(19 January 2016, AFR, p26, by Stephen Cauchi)

‘Brent crude plunged over 4 per cent to under $US28 a barrel in early Monday trading, wiping billions off the value of Australian energy stocks, as OPEC member Iran prepares to re-enter the oil market after years of sanctions.’ 15 more words

1.Market Observations

Crude Oil In A Pressure Cooker

January 19, 2016

Editor’s Pick

Last week crude oil broke the $30 level on the downside with both Brent and WTI closing below that important level. 67 more words


Crude Oil - The Bears Rising

The New Year 2016, proved to be just a number for crude oil bears as nothing emerged as a challenge that could interrupt their electrifying party. 581 more words


Psychological barriers in oil markets: Some research evidence

With the recent collapse in oil, this may be of interest. A research paper (co-authored with two other colleagues) and published in Energy Economics . Full paper available… 233 more words