Tag Archives: oil

Oil Market Analysis Jan 12, 2012

Oil’s down move accelerated after price dropped below 102.35 and even broke below 100.65 support level, but price found a minor support from where …… [more]

China supports Iran’s oil trade despite U.S. pressure

China does not gave to U.S. demands to curb Iran’s oil revenues and rejected sanctions against Tehran, even after U.S. Treasury Secretary Timothy Geithner …… [more]

Oil Market Analysis Jan 11, 2012

Oil failed to hold trading above 102.35 level despite the fact that price touched 103.34 resistance level, however, this is a bullish sign for …… [more]

Oil Market Analysis Jan 10, 2012

Oil managed a pullback after price dropped below 100.65 support level and Oil extended even higher breaking above 102.35 resistance level. Our intraday bias …… [more]

Oil Market Analysis Jan 9, 2012

Oil’s upward move seems to wore out after price failed to trade once again above 102.35 level, making this level strong one. Our intraday …… [more]

Oil Market Analysis Jan 6, 2012

Oil failed to hold and trade above 102.35 level which was key for upward increase in price, , thus move would be in favor …… [more]

Oil Market Analysis Jan 5, 2012

Oil’s upward move shows sign of wear and price is going for a sideway consolidation move above 102.35 level, thus move would be in …… [more]

Oil Market Analysis Jan 4, 2012

Oil has made one big jumped for over 4.2% in last session, price shot towards 103.34 but oil failed to hold 102.35 and now …… [more]

Oil prices soared more than 4%

Oil record strong performance today after good data on the U.S. manufacturing sector. Data showed that activity in the largest economy still gaining strength, …… [more]

Oil Market Analysis Jan 3, 2012

Oil gapped and price is heading toward test of the temporary high, if there is a positive retest thus shows that sideways move is …… [more]

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