I wonder if the announcement of a withdrawal from the SPR is immediately discounted in the oil futures market or if it makes sense to be short (or less long, depending on other...
OIL PRICES KEY POINTS:Oil extends its winning streak and rises for a fourth consecutive sessionNews that Libya has temporarily suspended production at its largest oilfield and reports that the European Union is drafting...
Note: The chart is adjusted for the dividend. OXY forms an ascending channel pattern with resistance at $62.75 and support at $56. We could also look at the recent pattern formation as...
