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Brent Oil Futures - Nov 14 (LCOX4)

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98.36 +0.66    (+0.67%)
20:59:45 GMT - Closed. Currency in USD ( Disclaimer )
Type: Commodity
Group: Energy
Unit: 1 Barrel

  • Prev. Close: 97.70
  • Open: 97.66
  • Day's Range: 97.20 - 98.48
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Brent Oil 98.36 ++0.66 (++0.67%)
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Brent Oil
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Latest Brent Oil Comments

Ulysses Lim
Ulysses Lim Sep 17, 2014 07:59AM GMT
NYMEX Crude is in a 50/200 death cross approaching today. https://***.facebook****/photo.php?fbid=10204464070991614&set=a.1037052576368.7157.1527096313&type=1&theater

Jagjit Sidhoo
Jagjit Sidhoo Sep 15, 2014 12:08AM GMT
A gap up opening with a steady decline means that the big players had jacked up the price so that they could sell at a higher price (small players start covering their shorts )this is indicative of a much lower price in the days to come . Never thought this could happen in a big market like oil , it does happen in thinly traded stocks , but then if the oil market is big so are the players .
Ritesh Mittal
Ritesh Mittal Sep 15, 2014 03:14PM GMT
What price do you anticipate by the end of the week? Under 95?
Jagjit Sidhoo
Jagjit Sidhoo Sep 16, 2014 11:04AM GMT
Till the Fed meeting and the Scotland poll the situation in the world markets but after these are over the trend seems to be down
Jagjit Sidhoo
Jagjit Sidhoo Sep 16, 2014 11:06AM GMT
I mean till these events are over the markets are fluid .
Ritesh Mittal
Ritesh Mittal Sep 16, 2014 12:06PM GMT
I agree with your view. I dont understand the geopolitical effect though. Sometimes the market reacts to those activities and other times it does not!

Jagjit Sidhoo
Jagjit Sidhoo Sep 12, 2014 03:03PM GMT
Looks it is heading down on the 5hr chart a bearish engulfing pattern has been formed , looks it will break 97
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