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First in a series of articles teaching traders the finer points of trading Oil and in particular (CL) oIl futures. Experienced Oil Day Trader starting to pass on hi s secrets.....

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Vantage FX Market Wrap; FOMC Minutes, US employment drive markets but keep an eye on Nymex Crude | 09 Jan 2014

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Oil prices near 17-month peak ahead of planned supply cuts

Crude oil for February delivery on the New York Mercantile Exchange tacked on 21 cents, or 0.39%, to $54.11 a barrel by 4:20AM ET (09:20GMT), after climbing 88 cents, or 1.66%, a day earlier.

90 North American Oil Companies Went Bust In Just 20 Months oilNinety North America oil and natural gas companies have gone under since January 2015. The law firm Haynes and Boone reported earlier this month bankruptcies were driven by historically oil and natural gas prices. The average price of a barrel of oil in July of 2016 was $41.60, less than half the price oil barrels were selling for in the summer of 2014. Oil companies have discharged approximately $66.5 billion in aggregate d

10:04 BST: light sweet crude oil for July delivery had slipped to a price of $89.76 a barrel on the NYMEX

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Today In History: January 2 - 2008: The price of oil hits $100 per barrell for the first time. Traders work in the crude oil options pit on the floor of the New York Mercantile Exchange. Crude oil rises to $100 a barrel for the first time in New York, reflecting an industry struggling to find deposits at a time of record demand.