Trading Crude Oil Prices – A Tricky Game
Posted: Sun Mar 20, 2016 8:24 pm
It’s not news to anyone that crude oil is is one of the most difficult markets to analyze and invest in nowadays, especially if the goal is the medium to long term.
After reaching a maximum of just over $107 in June 2014, the crude oil price has initiated a sharp fall to a minimum of $26 in February 11, 2016, largely because of a big oversupply, combined with a succession of news, even nowadays, about the discovery of new marketable reserves.
However, from February 11 to March 18, the crude oil price WTI rose a respectable 58% in the futures market, without there having ... (read more)