Share: WTI crude oil remains pressured at the lowest levels in three weeks after falling the most in a month. Downside break of bullish chart pattern,...
Share: Oil prices have weakened as investors begin to fear the deal to extend the debt ceiling may be derailed by Congress. Mixed messages from OPEC+...
Share: Oil price finds a floor after Republicans and Democrats agree a deal to extend the US government debt ceiling on Sunday. The deal means a...
Share: WTI crude oil begins the week with a gap-up, crosses short-term resistance line on market’s mildly positive mood. Bullish MACD signals favor energy buyers but...
Share: WTI crude oil closes higher, settling at US$72.67 per barrel, driven by mixed signals from OPEC+ regarding cut production. Ongoing talks between the Biden Administration...
Share: Oil price recovers after the steep sell-off on Thursday due to mixed messaging from OPEC+ members. Russia’s Novak says production cuts are unlikely whilst the...
Share: Oil price falls as traders take profit and the debt-ceiling impasse continues without a deal in sight. The US Dollar continues rallying after US macroeconomic...
Share: USD/CAD renews three-week high but stays sidelined of late. Traders rush to US Dollar in search of risk safety amid anxiety about US debt ceiling...
Share: Oil price continues to rally after Saudi Prince Abdulaziz bin Salman, the country’s oil minister, warns short-sellers to “watch out”. Inventory data from the EIA...
Share: WTI bulls eye a continuation from support structure. Bulls remain in control on the front side of the bullish trend. As per the prior analysis,...
Share: An unexpected rise in US PMI data spurs Oil to rally on increased demand hopes. Oil is supported by optimism US lawmakers will reach agreement...
Share: Oil price opens the week lower on concerns global trade may be impacted by geopolitical wrangling at G7 summit. China provokes the United States by...
Share: WTI bulls move in for the kill from support. The $72s are on the bulls radar. WTI is trying to correct but remains down on...
Share: Oil price rises amid optimism that a deal on the debt ceiling will be reached, averting a financial crisis and securing future demand. The US...
Share: CME Group’s flash data for crude oil futures markets noted traders added nearly 9K contracts to their open interest positions on Thursday, reversing at the...
Share: WTI crude oil remains firmer inside one-week-old symmetrical triangle, eyes first weekly gain in five. Firmer RSI (14) line, not overbought, joins sustained trading beyond...
Share: WTI sinks despite the upbeat mood on Wall Street. US oil is down by some 0.9% meeting a new low on the day of $71.47....
Share: Oil price trades with losses as the US Dollar strengthens on hawkish Federal Reserve speeches, US debt-ceiling uncertainty. Data showing a greater-than-expected rise in inventories...
Share: WTI picks up bids to rebound from weekly low, snaps three-day downtrend. US Dollar pullback, hopes of more demand from China supersede bearish EIA Oil...
Share: WTI extended its losses to three consecutive days below $80.00 a barrel. US EIA reported that stockpiles had risen the most since June 2021. WTI...