Tag: oil

Crude Oil – Will the rise sustain? | Commodities Prices Review | Nymex / Nybot

Ever since the Crude Oil prices breakout from the $93 resistance, prices has seen a good surge towards $107-$108 region. Strong support at $106. Some caution here when the Crude Oil RSI is hovering around overbought levels. More importantly, there are various bearish divergence signals at RSI & MACD. Current rise may not be sustainable in short term. The next…

Stock Markets Analysis (Dow Jones Index, Straits Times Index, Oil, USD/SGD) | Investment Review | Singapore

On the political front,¬†Gaddafi’s regime accused the United States, Britain and France of ‘a conspiracy to divide Libya’ on Monday as pressure built to arm the rebels and the UN named a special envoy to Tripoli.The worsening conflict sent world oil prices higher, while Nato head Anders Fogh Rasmussen said attacks on civilians by Gaddafi’s troops could amount to crimes…