Crude oil
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Started by metmike - Oct. 8, 2018, 11:38 a.m.

WTI Crude Oil and Natural Gas Forecast October 8, 2018

https://www.youtube.com/watch?v=RwLc2OvpzBo



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Re: Crude oil
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By metmike - Oct. 8, 2018, 11:38 a.m.
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Crude 10 year price charts below.  


Break out to the upside.


Crude 3 month chart

                   


Crude1year chart below


                   


Crude 5 year chart below

                   


Crude10 year chart below

               

                   


By metmike - Oct. 8, 2018, 11:40 a.m.
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Heating oil 10 year price charts


Heating oil 3 months-upside breakout

                   


Heating oil 1 year chart below-upside breakout

                   


Heating oil 5 year chart below-upside breakout

                   


Heating oil 10 year chart below           

                   
By metmike - Oct. 8, 2018, 11:42 a.m.
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Unleaded Gasoline Price Charts: Uptrend on longer term price chart ...... but not as strong as crude or heating oil......but also upside break out short term.

3 month                 

                   


1 Year                

                   


5 year........are we headed back to the highs?

                   


10 Year                

                   
By metmike - Oct. 8, 2018, 11:42 a.m.
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Here are the gas prices at the pump. 

The National Gas Price Heat Map from GasBuddy:

https://www.gasbuddy.com/GasPriceMap?z=4




By metmike - Oct. 8, 2018, 11:48 a.m.
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Weekly US ending stocks of crude oil. Peaked in March 2017 and have been falling sharply since then. Now the lowest in over 3.5 years...big increase last week though.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRSTUS1&f=W

          


        

Weekly ending stocks for unleaded gasoline. Barely peaked in Feb 2017 but have not dropped much...........not that bullish. Steady amounts in storage the last several weeks.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WGTSTUS1&f=W

                                    


                                             

             

Weekly US ending stocks for distillate fuel oil(heating oil-especially used in the Northeast). Peaked in Feb 2017 and had PLUNGED to the lowest in 4 years and almost the lowest in 10 years. Summer increase in stocks but then a bit of a drawdown in September. 

However, distillate stocks have increased a great deal recently(the last 3 months). history!


https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WDISTUS1&f=W