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 ...

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The West Texas Intermediate Crude Oil market has initially shot higher earlier in the trading session on Wednesday, but then gave back gains to show signs of hesitation. By doing so, the market looks ...

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 ...

The expiry of November ICE Brent futures has seen backwardation between the expiring month and the December contract shoot up to a whopping $2 per barrel. At the same time, despite some very bullish ...

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 ...