Crude Oil Futures - May 14 (CLK4)

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104.14 +0.38    (+0.37%)
1:22:07 GMT - Real-time CFD Data. Currency in USD ( Disclaimer )
Type: Commodity
Group: Energy
Unit: 1 Barrel

  • Prev. Close: 103.76
  • Open: 103.81
  • Day's Range: 103.78 - 104.15
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Crude Oil 104.14 ++0.38 (++0.37%)
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Crude Oil Contracts

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Crude Oil
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Latest Crude Oil Comments

Nins Montilla
Nins Montilla Apr 16, 2014 07:59PM GMT
Seriously? Oil inventory increased 10 times but oil price is still going up? Is oil being produced only in Russia?!? Come on! We have more than enough supplies, why keep the price so high? How will small consumers afford this!
Fortune Fund
Fortune Fund Apr 16, 2014 08:22PM GMT
Big oil only cares about money. Top should be 106
Dave Andrew Temple
Dave Andrew Temple Apr 16, 2014 10:04PM GMT
Would love to short at 110 again

Double 07
Double 07 Apr 16, 2014 07:43PM GMT
With the commodity reversing its intra day gains during Wednesday trading session, it faces the risk of further downside pressure. On further weakness, support comes in at the 102.94 level where a breach will aim at the 102.04 level. A cut through here will target the 100.68 level with a push below here if seen will expose the 99.93 level with a violation targeting the 99.81 level. Further down, supports are seen at the 98.86 level and then the 98.00 level. Conversely, resistance comes in at the 104.98 level. A breach of here will pave the way for a run at the 105.21 level, its Feb 2014 high. Further out, resistance resides at the 106.00 level and then the 107.00 level. All in all, Crude Oil remains biased to the upside short term but faces corrective weakness risks.

Fortune Fund
Fortune Fund Apr 16, 2014 07:38PM GMT
Trend is up 104.75 next target
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