Tuesday's Trade Signals and Support and Resistance Levels

Trade levels at this site have been right on every time. It is one of the few I have found that gives this information away for free.

Don't blame the oil 'speculators'

Here's a suggestion: The next time a Congressional committee wants to hold a hearing on how "speculators" are driving up oil prices, each committee member should first be required to demonstrate - preferably in their opening remarks - a basic understanding of the mechanics of fut …

The Birth of the Enron Loophole: How Citigroup's Lobbying of the Bush Administration Led to Ripoffs at the Pumps

Combing through government archives, the first noteworthy appearance of Phibro occurs on April 6, 2001, when the Wall Street law firm of Sullivan & Cromwell sent a letter to the Commodity Futures Trading Commission (CFTC), the federal regulator of oil and other commodity trading, …

Market Sentiment Taking on a More Positive Tone

Fed Chairman Bernanke is scheduled to speak at the Senate Finance Committee Health Summit on Monday and trade signals for Monday

Double, oil and trouble

Economic theory suggests that the future price is simply traders' best guess of the shape of things to come. And traders seem to be very worried about the future. They recently pushed up the price of oil to be delivered at the end of 2016 to over $145 a barrel.