20070630 Light sweet crude QM looks to have broken out into an uptrend. Will be prudent to employ strategy to long the futures on retracement. Crude Oil futures chart
Crude Oil has been on the radar screen of the public, politicians, economists, analysts and strategists, for the reason that it's price impinges on the prices of other goods. Hence it affects inflation and the cost of living. Blog chronicles trading in crude oil futures on Nymex.