After two heavy days oil has stabilised a little and is having a look at $100 (from below!).Its difficult to see it racing back thorugh $100:It's a better tone across much of...
(Reuters) – S&P Global Ratings revised on Wednesday the outlook for Mexico’s state-oil firm Pemex to stable from negative, after it reviewed Mexico’s long-term outlook.
By Stephanie Kelly (Reuters) – Oil prices slipped in early Asian trade on Thursday, after hitting a nearly three-month low during the previous session, as fears of a potential...
Recession concerns suggest falling demand for oil. When the economy shrinks, business expansion comes to a standstill, consumers reduce demand, which means less energy is needed to...
WTI Extends Losses After Unexpected Crude BuildOil prices continued to slide on apparent recession fears today with Brent joining WTI below $100, with low liquidity exacerbating...
The stock market is finally waking up to the fact that a recession is already here.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Buy | Buy | Neutral | Strong Sell | Buy |
| Technical Indicators | Strong Buy | Strong Buy | Strong Buy | Strong Sell | Strong Buy |
| Summary | Strong Buy | Strong Buy | Buy | Strong Sell | Strong Buy |