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BTIG outlined on Monday morning that prices of crude oil (CL1:COM) have broken above a key downward technical resistance line, indicating that the commodity has room for upside to possibly $80-$85 per ...
Crude oil has been sitting in an interesting position recently as it has been consolidating up against resistance around the 200-Day MA for two weeks. The significance of the 200-Day line was ...
Currently, WTI oil is trying to settle above the resistance at $65.50 – $66.00. In case this attempt is successful, WTI oil ...
Natural gas settled near the $1.90 level as traders reacted to the EIA report, which showed that working gas in storage decreased by 96 Bcf from the previous week. The nearest significant resistance ...
Pipeline transport of oil is so much safer than other modes that resistance to it is raising risks, concludes a study published by the Fraser Institute, Calgary. The risk of a spill in road transport ...
Draka announced the new Arctic Grade cable which meets all cold bend and cold impact certifications required to operate in extremely cold climates. “With more than 25% of the globally un-discovered ...
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