Oil price massive fall is not making sense once again. Crude oil price has fallen from around $107 per barrel to almost $51 per barrel and there are analysts who are now predicting crude oil price touching $20 per barrel. It sounds like 2008 once again. This time on the short side. In 2008, crude… Continue reading Oil Is In the Stupid Range Once Again
Category: Crude Oil
Crude Oil Is Under Intense Pressure Once Again
Crude Oil is under pressure once again. The free fall for the Crude Oil started somewhere in June when it was trading around $107 per barrel. Since then the prices are falling and now the price has touched $75 per barrel and it is expected to fall more. US crude futures are now trading at… Continue reading Crude Oil Is Under Intense Pressure Once Again