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Crude Oil Price Forecast: Omicron Fuels Weakness in Energy Markets

Growth concerns around the omicron variant are provoking a burn off in oil prices. ....

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Crude Oil Price Forecast: Rally Continues, But Looking Overextended in Near-term

Energy markets have been on fire in September, and a push to fresh yearly highs may not be far away for crude oil prices. ....

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Crude Oil Price Forecast: Breakout Above Yearly High Nears, But…

Crude Oil Price Forecast: Breakout Above Yearly High Nears, But…
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Crude Oil Price Forecast: Rally Back on Track After Bear Trap

Crude Oil Price Forecast: Rally Back on Track After Bear Trap
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Crude Oil Outlook:
Crude oil prices took a dive earlier this week, but price action suggests that the bearish impulse is in the rearview mirror.
The OPEC+ announcement seems to have been digested by markets, which are refocusing on the reality of the supply-demand imbalance likely to persist.
Bears Be Warned
While US equity markets have been climbing their own wall of worry, so too have crude oil prices: the delta variant; the OPEC+ announcement to increase supply; and the surprise climb in US oil inventories.
With respect to the three points above, you can read more about the delta variant and its implication for financial markets here. ....

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Crude Oil Price Forecast: A Slow and Steady Grind Higher, but Red Flag Appears

Crude Oil Price Forecast: A Slow and Steady Grind Higher, but Red Flag Appears
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