What Could Bring Oil Prices Down?

via Trading NRG:

The price of oil has been trading close to the $100 mark in recent months. But the latest developments in the oil market might cut down the price of oil price to the low $90 in the near future. Let’s…

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What Could Bring Oil Prices Down?

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Forex, brent oil, brent wti, company review, crude oil, crude oil forecast, oil, opinion, trading

Why BP Will Continue to Recover?

via Trading NRG:

The recent decision of a federal appeals court against BP (NYSE:BP) could have an adverse effect on the company’s financial situation in the future. Despite the potential ramifications this court ruling may have on BP, the company’s situation isn’t dire,…

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Why BP Will Continue to Recover?

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Forex, company review, crude oil, oil, opinion, trading

Oil Weekly Outlook for January 13-17

via Trading NRG:

Oil price (WTI) decreased by 1.32% during last week. Conversely, the price of Brent oil edged up by 0.34%. As a result, the gap of Brent oil over WTI widened: The premium ranged between $13.30 and $14.73. Last week, the…

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Oil Weekly Outlook for January 13-17

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Forex, brent, crude oil forecast, eia oil prices, oil, opec monthly report, price, trading, u.s retail sales, wti

Will Oil Prices Continue to Rally?

via Trading NRG:

The price of oil is climbing back to the $100 mark. The recent developments in the oil market might push oil prices to hover over $100 in the near future. Let’s examine the recent developments in the oil market and…

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Will Oil Prices Continue to Rally?

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Forex, brent wti, company review, crude oil, crude oil forecast, marathon petroleum, oil, oil price, opinion, trading, valero energy