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Oil Prices 29 Sep 2009

As suggested in my oil commentary on Friday, the bounce in crude oil prices duly arrived yesterday, with oil prices closing the session higher following the doji reversal signal of Friday, but remainging firmly below all three moving averages and more importantly the strong resistance...

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Oil Prices – WTI Oil Price 28th September 2009

Friday’s oil trading session was characterised by a day of volatility, but one which kept oil prices within a relatively narrow trading range following the steep falls of the last two days, and with the weekend ahead, many oil traders were squaring their positions following...

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