Oil extended their losses in Asian trade today amid renewed worries about energy demand in the United States where data showed an unexpected jump in national crude reserves. For full story, click here
Continue reading "Oil has extended Losses on Surprise Surge in US Crude Stocks"
Tuesday, June 16, 2009
United States Oil Fund, LP has closed yesterday at $38.52. So far USO has hit a 52-week low of $22.74 and 52-week high of $119.17. USO has been showing support around 37.55 and resistance in the 39.53 range. Technical indicators are Bullish. For full story, click here
Continue reading "United States Oil Fund closed at $38.52"
The Crude Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
For upcoming crude oil investing trade shows, see the following links: Oil Sands Technology Show, Houston Energy Financial Forum
OilInvestingNews.com maintains a focus on Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Thursday, July 30, 2009