ENTITY

Crude Oil (CL1 COM COMDTY)

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Analysis
Energy • United States
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.
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bullish•Crude Oil
•18 May 2020 13:54

Weekly Oil Views: Prices to Inch up in Lockstep with the World's Reopening

As the world tiptoes out of the coronavirus lockdowns, Crude Oil (CRUDE OIL COMDTY) prices have begun their slow ascent. The risk-off sentiment in...

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bullish•Crude Oil
•11 May 2020 12:41

Weekly Oil Views: Prices Bounce from Apr Nadir but Further Gains May Be Slower

“Sell in May and go away.” The old adage advising financial market investors to divest their holdings in May and return to buy for the winter...

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bullish•Crude Oil
•04 May 2020 18:32

Weekly Oil Views: Crude Rebounds on Tentative Hope of Supply-Demand Gap Narrowing

Brent futures ended April with a 31% rebound from an 18-year low of $19.33/barrel hit just seven days ago. NYMEX WTI settled at $18.84 on the last...

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bearish•Crude Oil
•04 May 2020 07:34

WTI Next Plunge

Crude Oil (CRUDE OIL COMDTY) is bouncing into near term resistance with intermediate overhead resistance that increases odds of another hard...

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bearish•Crude Oil
•30 Apr 2020 17:37

Oil ETFs: Don't Throw Good Money After Bad

The stock price of  United States Oil Fund Lp (USO US), an ETF that bets on a rise in WTI crude futures prices, has been hammered over the past...

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