Oil companies are hemorrhaging money. The oil market is in its worst downturn in decades. The price of oil has plummeted 72% since June 2014. Oil is trading below $30 a barrel for the first time since 2003.
If you’ve been reading the Dispatch, you know the world…
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Our trading partner Mike Seery is out with his calls for this week and he includes some of reliable rules to…
ContinueAdded by The Crude Oil Trader on January 19, 2015 at 4:04am — No Comments
Crude oil futures in the January contract had a wild trading week continuing a bearish trend after settling last Friday around 66.15 basically going out at the same price today and if you are still short this market I would…
ContinueAdded by The Crude Oil Trader on December 7, 2014 at 4:41am — No Comments
Crude oil futures in the January contract are down $6 a barrel as OPEC announced on Thanksgiving that they will not cut production as the trade was…
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