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Oil Archives

Crude Oil sells off with strong dollar and weak equities

Crude futures have slipped back below our 1st tier downtrend and uptrend lines in reaction to broad-based strength of the Dollar. This week's wave of negatively mixed econ data appears to be taking its toll on riskier investment vehicles, leading investors towards the Dollar and away from crude and ... Nov 20, 2009 1:13PM

Oil slips towards $77 as dollar gains

Oil edged lower toward $77 a barrel on Friday, extending a 2 percent drop in the previous session and pressured by a stronger U.S. dollar. Nov 20, 2009 9:16AM

Daily Oil Report - Nov 20, 2009

Oil pulled back in trading as we saw a rebound in the strength of the US dollar. Nov 20, 2009 8:23AM

Oil falls $1 a barrel to below $77

Oil fell $1 a barrel to below $77 on Friday, pressured by a firmer U.S. dollar and as falling equities raised concern about the economy and the outlook for energy demand. Nov 20, 2009 7:56AM

European shares slip as banks, oils retreat

European shares fell for a fourth consecutive session on Friday, with banks retreating from earlier gains and energy stocks falling after crude CLc1 prices slipped. Nov 20, 2009 7:16AM

European shares extend losses; banks, oils fall

European shares extended losses on Friday after banking stocks turned lower and energy stocks retreated as crude CLc1 prices slipped. Nov 20, 2009 6:58AM

Fundamental Oil Report (2009-11-20)

Oil prices declined yesterday for the first time this week as a result of lower equity prices, which therefore hinted that fuel demand and that the U.S. economy will recover but at a weak rate, leading to more investors leaving the oil markets. As funds flew out, since investors decided to lock in ... Nov 20, 2009 4:11AM

Technical Oil (2009-11-20)

Technical analysis for crude oil with major support and resistance levels and recommendations for 20-11-2009 Nov 20, 2009 2:06AM

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