http://www.prices-oil.org Daily oil prices for trading oil today Fri, 15 Jul 2011 11:22:37 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http://www.prices-oil.org/daily-oil-prices/wti-oil-price-in-the-cftc-report/ http://www.prices-oil.org/daily-oil-prices/wti-oil-price-in-the-cftc-report/#comments Fri, 08 Jul 2011 11:05:40 +0000 admin http://www.prices-oil.org/?p=2822 #leftcontainerBox { float:left; position: fixed; top: 60%; left: 70px; } #leftcontainerBox .buttons { float:left; clear:both; margin:4px 4px 4px 4px; padding-bottom:2px; } #bottomcontainerBox { height: 30px; width:50%; padding-top:1px; } #bottomcontainerBox .buttons { float:left; height: 30px; margin:4px 4px 4px 4px; } The CFTC weekly report can provide some valuable insights into the market sentiment for a wide variety of commodities and currencies, but the way this data is presented is far from user friendly, and is therefore ignored by many oil traders. In addition, many traders believe that COT data has little relevancy as it appears [...]]]> http://www.prices-oil.org/daily-oil-prices/wti-oil-price-in-the-cftc-report/feed/ 0 http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-28-feb-2011/ http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-28-feb-2011/#comments Mon, 28 Feb 2011 21:13:19 +0000 admin http://www.prices-oil.org/?p=2815 #leftcontainerBox { float:left; position: fixed; top: 60%; left: 70px; } #leftcontainerBox .buttons { float:left; clear:both; margin:4px 4px 4px 4px; padding-bottom:2px; } #bottomcontainerBox { height: 30px; width:50%; padding-top:1px; } #bottomcontainerBox .buttons { float:left; height: 30px; margin:4px 4px 4px 4px; } Although the recent tensions in the Middle East and Libya have been cited as reasons for the surge in oil prices, from a technical perspective I have been long the commodity for many months – in fact I was fully expecting oil to breach $100 per barrel in Q1 – & you can read my [...]]]> http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-28-feb-2011/feed/ 0 http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-24-jan-2011/ http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-24-jan-2011/#comments Mon, 24 Jan 2011 20:15:58 +0000 admin http://www.prices-oil.org/?p=2811 #leftcontainerBox { float:left; position: fixed; top: 60%; left: 70px; } #leftcontainerBox .buttons { float:left; clear:both; margin:4px 4px 4px 4px; padding-bottom:2px; } #bottomcontainerBox { height: 30px; width:50%; padding-top:1px; } #bottomcontainerBox .buttons { float:left; height: 30px; margin:4px 4px 4px 4px; } Today’s weaker dollar and positive equity markets have done little for the WTI contract which at time of writing is trading at $87.80 per barrel, having fallen from a high of almost $90 per barrel.  Crude oil remains soft on fears that China, which the world’s second largest consumer of energy, is likely to raise [...]]]> http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-24-jan-2011/feed/ 0 http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-5-jan-2011/ http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-5-jan-2011/#comments Wed, 05 Jan 2011 20:52:08 +0000 admin http://www.prices-oil.org/?p=2797 #leftcontainerBox { float:left; position: fixed; top: 60%; left: 70px; } #leftcontainerBox .buttons { float:left; clear:both; margin:4px 4px 4px 4px; padding-bottom:2px; } #bottomcontainerBox { height: 30px; width:50%; padding-top:1px; } #bottomcontainerBox .buttons { float:left; height: 30px; margin:4px 4px 4px 4px; } Daily oil prices have today rebound back above the $90 per barrel price handle following better than expected crude oil inventories which confirmed a draw of -4.2m barrels against a forecast of -1.4m barrels.  This data also followed much better than expected employment data in the US suggesting that the US may now be seeing [...]]]> http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-5-jan-2011/feed/ 0 http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-17-dec-2010/ http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-17-dec-2010/#comments Fri, 17 Dec 2010 18:30:39 +0000 admin http://www.prices-oil.org/?p=2793 #leftcontainerBox { float:left; position: fixed; top: 60%; left: 70px; } #leftcontainerBox .buttons { float:left; clear:both; margin:4px 4px 4px 4px; padding-bottom:2px; } #bottomcontainerBox { height: 30px; width:50%; padding-top:1px; } #bottomcontainerBox .buttons { float:left; height: 30px; margin:4px 4px 4px 4px; } Following two weeks of sideways consolidation with today’s candle on the oil chart adding to the recent pattern, the only question that remains is whether the explosive break out for oil prices to the upside occurs before the end of the year or in 2011 – but make no mistake crude oil prices are heading [...]]]> http://www.prices-oil.org/daily-oil-prices/daily-oil-prices-17-dec-2010/feed/ 0