Archive for Crude Oil
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Crude oil price has been falling down since the high of USD147. At first, I thought it was just a correction and it will continue its up trend. I even heard a friend saying that an petroleum company forecast for the crude oil price to go up till as high as USD200. That will definitely hurt many people as the inflation can also go up as well.
How low will it go?
Welcome to InvestMoneyLab, you can now gain special private access to Gold Mastermind Club which is an inner circle that we share the latest profitable trading system and stock picks for free. Feel free to leave some comments before your leave too. Thanks for visiting!I observed a bullish engulfing formation on the crude oil price [...]
I posted that crude oil price was trading at an attractive position yesterday and thought that we should monitor closely in order to ride the opportunity to Long crude oil.
I was reading on Yahoo Finance and I was shocked to see the headline "Oil prices near $130 on rate chatter ", wow, it rebounded. I [...]
The US dollars has been gaining some rising momentum in the last few days and crude oil has been easing from its record high price of USD135 last week. The crude oil price is trading at approx. US 123 on NYMEX now.
I was looking that crude oil trends using technical analysis today. It is trading [...]