by Chris Kimble | Jan 6, 2023 | Kimble Charting
Oil prices surged on news of the Russian invasion, as investors knew the energy sector would be significantly effected by the war. But for how long? Looking at the “monthly” chart below of crude oil it appears “not for that long”. Note that we highlighted crude oil’s...
by Chris Kimble | Nov 23, 2022 | Kimble Charting
Crude oil prices rose sharply in 2022 and this has been a major factor in rising consumer prices and inflation. But the past five months have seen oil prices pull back… and this has been welcome news at the gas pump! With the holidays fast approaching, consumers are...
by Chris Kimble | Aug 22, 2022 | Kimble Charting
Consumers have taken notice to falling gas prices… and they like it. But will gas prices continue to fall? For that to happen, consumers (and investors) will need to pay close attention to crude oil prices (which have been falling lately)… And they should be aware a...
by Chris Kimble | Aug 2, 2022 | Kimble Charting
One of the most visible signs of inflation is gas prices. And, as you know, the price of gas is born out of the price of crude oil. Well, consumers have seen a small decline from the peak in gas prices earlier this year. But could prices fall much lower and further...
by Chris Kimble | Jun 24, 2022 | Kimble Charting
For over 2 years, all crude oil prices did was go higher… and higher. And consumers have been feeling this pain as the gas pump. Well, this month crude oil prices turned sharply lower joining the broad based commodities selloff. Could this be the start of a long...
by Chris Kimble | Jun 23, 2022 | Kimble Charting
We have covered the commodities rally and highlighted the everyday concerns with rising inflation and rising interest rates. Today, we’ll revisit some long-term charts of key commodities and discuss why we should be watching for potential topping formations. Below is...
by Chris Kimble | Apr 14, 2022 | Kimble Charting
Inflation concerns turned into nightmares for some over the past several weeks as crude oil prices rocketed higher on the heals of overseas tensions, war, and sanctions. Pain at the pump has now become a reality as consumers fill their cars. This is on top of rising...
by Chris Kimble | Apr 1, 2022 | Kimble Charting
This is not an April Fools day joke! After surging into the front end of March, crude oil reversed course and headed lower by nearly 30 percent (from its high). What? And this isn’t even an April Fools day joke. Check out our past two articles on the Crude Oil… we...
