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Crude Oil - 'See crude oil prices in range of $75 - $80 a barrel for next 18 months'
Rising prices are starting to threaten oil demand in Asia, especially in a country like India, which is starting to feel the pressure more than others. India could feel the pinch with both Venezuelan ...
Crude Oil Price Forecast – crude flat to open week
The WTI Crude Oil market when sideways overall during the day on Monday to start the week, as we continue to dance around the $74 level. I see a significantly strong resistance barrier near the $75 le...
Crude oil Making A Final Bullish Run
Crude oil is unfolding a clear, five-wave recovery from June lows which are characteristics of an impulse. We specifically see price making a new minor recovery from the 72.09 level, where recent corr...
Aramco IPO And Crude Oil Technical Overview: Bulls Are Ruling The Game
We saw a minor decline in Crude Oil prices after the cancellation of Aramco IPO, however, the recovery came earlier than the general expectations. As we have written in our previous article, the US’s ...
2018 extremely negative for crude oil tanker market
Crude oil tanker earnings have never been this bad. Earnings for Very Large Crude Carriers (VLCCs) in the first half of 2018 were as low at USD 6,001 per day, with a Suezmax tanker earning USD 10,908 ...