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This is the position we Americans find ourselves in, if the markets rally crude oil will surely soar. But can the U.S. economy even survive $80 crude oil? Check out our new video…....

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February crude oil closed higher on Tuesday due to short covering as it consolidated some of this week’s decline. Today’s mid range close sets the stage for a steady opening on Wednesday. However, the door is open...

February crude oil was lower overnight as it extends this month’s decline. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near term. If February extends this month’s...

February crude oil closed down $3.07 at $37.76 a barrel today. Prices closed near the session low and hit a fresh two-week low today, amid a firmer U.S. dollar and more recent dour world economic data that suggests less demand...

February crude oil was lower overnight as it extends last Thursday’s decline below the 10 day moving average. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near term. If February...

February crude oil closed lower on Friday as it extended Thursday’s breakout below the 10 day moving average crossing at $42.98. Today’s low range close sets the stage for a steady opening on Monday. The door is open...

February crude oil closed lower on Thursday and below the 10 day moving average crossing at $42.47 signaling that additional weakness is possible near term. Closes below last Wednesday’s low crossing at $36.94 would temper...

February crude oil was steady to slightly higher overnight due to short covering as it consolidates some of Wednesday’s decline. Stochastics and the RSI are turning neutral hinting that a short term top might be in or is...

February crude oil closed sharply lower on Wednesday due to profit taking as it consolidated some of the rally off December’s low. Today’s low range close sets the stage for a steady to lower opening on Thursday....