News And Events

Analysis

Today's crystal ball

My target for Brent at $107 has been almost reached. We'll see support come in and after the $10/bbl fall, bargain hunters may drive up the price, possibly to $110/bbl. Thereafter...

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Market looking for direction

Brent crude oil bounced up from $107 after my last report, then it stayed in a rather narrow range and looked for direction. If the US Fed did not initiate QE3, we could have seen $80...

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