Home » Posts tagged "spot oil price" (Page 2)

Trade Spot Oil – 28th April 2009

In order to trade spot oil successfully we must understand the reasons for the volatility which has now entered the oil market.  Current volatility is due to a combination of factors and they include a markedly stronger US dollar, a  sharp decline in the equity...

Continue reading »

Daily Oil Prices – Oil Chart 24th April 2009

Against all the fundamental odds which include weak global demand and an every increasing swelling of the oil stocks both on and offshore, crude oil prices continue to trade near the $50 a barrel price point largely on the view that economic conditions are on...

Continue reading »

Oil Prices – WTI Crude Oil 15th April 2009

A lack of global demand continues to pressure the daily price of crude oil and with today’s inventory figures expected to show yet further increases in the stockpile, this can only add to the current bearish tone.   As we have seen recently, the combination of...

Continue reading »

Oil Futures 3rd April 2009

Yesterday’s sharp rally in the daily price of crude oil of more than 8% indicated yet again the influence of the fundamentals in directing the price of oil.  Just as important was the weakness of approx 1.5% in the dollar due to the ECB only...

Continue reading »