This WTI crude oil price chart shows what really affects oil prices, and it isn't as obvious as you think. Many observers make the mistake of assuming the price of oil is determined by simple supply ...

Crude oil is stuck in a range and may be due for a breakout. In analyzing the December rally and momentum indicators, we can see that momentum has decreased, however, there may be more left in the ...

Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical ...

Get yourself a ruler, a pencil and a piece of paper. Place the ruler at about 45 degrees and draw a line upward across the page. That’s what a chart of world oil consumption looks like over the past ...

SHOULDN’T OIL PRICES be surging? War has returned to the Middle East. Tankers in the Red Sea—through which around 12% of seaborne crude is normally shipped—are under attack by Houthi militants. And ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

These charts tell a story. Levels have been reached — or are about to be reached — that indicate the possibility of a more permanent change in direction. The commodities price charts may be telling in ...

Although verification of the last week breakdown under important resistance line pushed black gold under $56, oil bulls didn’t give up and triggered a pullback. What does it mean for light crude? Will ...

The price of West Texas Intermediate crude oil dropped almost 5% overnight and returned to the $50/barrel level before bouncing slightly. This benchmark for global petroleum costs is quickly back to ...

The Elliott Wave forecast for crude oil prices show a mature up trend and that a significant portion of the previous two year up trend may be retraced. Weekly crude oil chart shows price nearing the ...

After a horrendous 2015, it's been a a wild ride for the crude oil price so far in 2016. In the first 12 trading sessions of the year, front month US WTI futures tanked, falling by nearly $11 per ...

Oil investors concerned about supplies due to booming U.S. output and uncertainty over how OPEC and its allies will implement production cuts may have reason to worry about demand as well. A look at ...