Tag: Crude

Impact of EIA Report on Crude Oil Futures

Prices at the pump are down a bit lately but what’s next? The Energy Information Administration (EIA) publishes a massive number of statistics. The EIA’s weekly inventory report is widely followed by traders...

Crude Oil Roll Date – July 2022

Tuesday, June 21st marks the Last Trade Date for the July 2022 Crude Oil futures contract. Active CL traders can roll to the August contract as early as Friday, June 17th, before the...

Could crude oil soon crash 23% again like in March? : Commodities

Between March 8 and 16 crude oil dropped 23% in just one week from $123.7 to $95. First, anybody can explain why this drop happened so drastically and so quickly (just 1 week)...

Crude Oil Perseveres

On April 20, 2020, the seemingly unthinkable happened: Crude oil prices fell below zero. More accurately, the May 2020 WTI crude oil futures went negative, touching a low price of -$40.32 per barrel.Originally...

Energy Futures & Crude Oil: Correlations or Coincidences?

How is your knowledge about the energy markets? Not only are energies a cornerstone of the financial sector, they’re also arguably the most critical foundational component of our global society. Energy...

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