Crude Oil Looking Higher

has turned sharply to the upside this week, very close to 42.46 high so we see signs of an impulsive continuation within a bullish trend rather than corrective bounce. As such, we adjusted the wave co...

Energy XXI files for bankruptcy

U.S. oil and gas producer Energy XXI Ltd, which has operations in Louisiana, Texas and the Gulf of Mexico, said on Thursday it has filed for bankruptcy protection, becoming one of the biggest casualti...