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By Jeremy Ascher |
March 22, 2010
Crude oil prices on the Nymex posted marginal losses for two consecutive weeks on mostly sideways congestion with bearish news toward the end of the week putting a damper on bullish efforts.
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By Jeremy Ascher |
March 16, 2010
Crude oil prices reached eight-week highs at $83.16 a barrel last week, but the action was sideways and choppy on a number of factors, including including a quiet dollar and equities markets.
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By Jeremy Ascher |
March 8, 2010
Crude oil topped $82 last week for the first time since Jan. 11 as the market trended higher throughout the week after initially dropping to $78 on Monday.
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By Jeremy Ascher |
March 1, 2010
Crude oil prices posted new six-week highs at $80.51 last Monday, fueled by the lingering strike at Total but followed with sideways to lower corrective congestion on economic concerns.
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By Jeremy Ascher |
February 23, 2010
Crude oil prices exploded for a second straight week, topping the $80 mark for the first time in six-weeks with the more active April contract closing up $5.56 on the week.
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By Jeremy Ascher |
February 16, 2010
Oil prices snapped a four-week losing streak last week on a slew of bullish news across the board along with technical short covering to close with the first weekly gain in 2010.
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By Jeremy Ascher |
January 26, 2010
Crude oil prices dropped for the second straight week losing nearly 5% to close below $75 for the first time since late December.
