light crude oil outlook

Light Crude Oil prices breaks above 45 after reports shown oil rigs were taken offline in the U.S and Canada

Light Crude Oil prices falls below 50 as bullish run seen over and continues falling towards 45

Light Crude Oil prices rebounded upon touching 44.00 surging above 46 yesterday

Light Crude Oil prices find exhaustion at Fibonacci Retracement 38.2% at 50.23 where we see a continuation of the bullish run

Crude Oil moved firmly through 62.00 before pulling back sharply.

Crude Oil returns lower, closing day at 58.20. Crude Oil settled lower on Monday, tracking to the intra-day low at 57.90 before coiling back up to 58.20 at...

Crude Oil post fifth consecutive weekly losses.

Light Crude Oil futures resist from the 200 weekly average as prices set to fall. Light Crude Oil futures fell to 88.15 before consolidating.

Pressure on Light Crude Oil prices with OPEC failing to see the need for actions to be taken to curb oil prices

Light Crude Oil prices rallied as U.S workers strike reaches the second day shutting down a refinery in U.S

Light Crude Oil prices fail to break below 49 where a retracement is expected

Light Crude Oil prices rose after finding support at 45.00 and now finds resistance at 47.47

Light Crude Oil prices extend its gains after finding support at 51.57 yesterday and may seek to rise and test 54 again

Crude Oil slipped further on the back U.S. dollar ascendancy.

Crude Oil rally past 59.80

Crude Oil continues sliding, holding support at 50.10.

Resistance price as indicated by the arrow, as price of Light Crude Oil stays below 92 after a retest of 89 yesterday.