More Venezuelan oil. More supply. Lower crude prices?
That’s the story investors are trying to figure out right now.
But recent moves in crude show why the relationship between headlines and prices isn’t always so straightforward. In this video, see what recent crude oil forecasts reveal about the relationship between the headlines, the market and what prices may do next.
Watch now:
What Is Crude Oil Signaling Right Now?
You just saw how Steve Craig’s outlook changed as crude’s Elliott wave pattern changed. With the Energy Pro Service, you can follow his latest analysis of crude oil and other major energy markets as those patterns unfold.
Want the Bigger Picture on Crude — and Global Markets?
Crude oil is just one piece of a much larger global market picture. Global Market Perspective brings together EWI’s analysis of stocks, bonds, interest rates, currencies, metals and energy markets to help you understand the major trends taking shape around the world.
