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Oil prices are trying to bottom, again, as OPEC Plus tries to calm the markets surrounding its oil production cut tapering plans and after the Energy Information Administration (EIA) report that...
A few months ago, Gold completed what, in time, will be viewed as the biggest Gold breakout in 50 years. It does not get any bigger or more significant than a breakout from a 13-year cup and handle...
While the petroleum markets try to shake off an almost ridiculously bearish weekly American Petroleum Institute (API) that showed a larger than expected 4.05-million-barrel increase in crude supplies...
Over the weekend, OPEC+ decided to extend oil production cuts. But, oil prices continue to head lower. Several factors are weighing on oil prices and WTI is currently targeting the $70 area. Invest...
OPEC Spins Barrels like plate spinners trying to dazzle the market without breaking anything. While the market seems confused as to what this meeting accomplished, and the tiers of many production...
Oil prices had a terrible month in May as demand concerns continue to plague the market as we head into a new era of uncertainty. On one side, we had disappointing numbers come out on diesel and...
Patterns like the one that Crude Oil is currently forming “usually” take place prior to market reversals. The bear characteristics of the market still prevail though and the bulls need a serious...
Oil declined for the second day in a row, reversing down from its 200-day moving average for the third time this month. An OPEC+ meeting is scheduled for this weekend with enough potential to break...
Take away the punch bowl just as the party is getting started! Fed Officials did not like the Memorial Day price explosion in the commodity complex and did their best to cool off expectations by...
Gold Gold (XAU/USD) volatility has dropped significantly as we are in a sideways consolidation at this stage.After last week's bearish engulfing candle on the weekly chart, I warned that this would...
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