Share: The selloff in WTI Crude Oil continues, US barrel prices fall $2 on Friday. Crude oil is setting on the low side to cap off...
Share: WTI dips 1.30% to $92.45, retracting from a 12-month high of $94.99, as traders speculate on profit-booking and the potential economic impact of rate hikes....
Share: Crude oil prices recover some of the intraday losses after reaching a two-week lowest level. Investors expect that improved oil prices will drive an increase in...
Share: WTI crude oil trades with over 0.50% losses after hitting a high of $90.34. Federal Reserve’s decision to hold rates but project higher rates for...
Share: Crude prices ease from the recent gains ahead of US data releases. The hawkish remarks made by Fed officials could dampen the demand for the...
Share: WTI is strung up near $89.00/bbl after slipping off of recent highs. US crude barrels briefly saw $92.00 in the midweek on continuing supply concerns....
Share: WTI testing into $89.00 as markets take a step back after the Fed gave their latest rate call. Fed kept rates at 5.5%, but updated...
Share: US oil took a small hit on Friday, but is rebounding firmly to hold $90/bbl. OPEC production cuts are squeezing crude prices into the ceiling. The...
Share: WTI Crude Oil prices extend the upward trajectory and climb to a fresh YTD peak on Wednesday. The technical setup favours bullish traders and supports...
Share: WTI gains momentum near $87.00, the highest since November 2022. Saudi Arabia and Russia will extend oil supply cuts to 1.3 million bpd through the...
Share: WTI trades at $86.62, bolstered by Saudi Arabia and Russia’s commitment to cut production by 1.3 million barrels until year-end. Positive economic data from China...
Share: WTI rose more than 0.70% on Friday, near $88.00, but indicators on the daily chart started to flash exhaustion signals. Tighter supply acts as a...
Share: Saudi Arabia and Russia extended their crude oil production cuts, reducing supply by 1 million and 300K barrels, respectively. According to a Reuters poll, American...
Share: WTI Crude oil trades lower due to the reduction in the Chinese services economy. Market optimism buoyed by China’s fiscal measures has strengthened oil prices. OPEC+...
Share: WTI found support at $85.32 and then settled around $85.50. Investors continue to asses the US’s August NFPs released on Friday. OPEC expected to extend...
Share: WTI prices are bolstered by the falling crude oil inventories, oil production cut by Russia and Saudi Arabia. The concerns about the economic slowdown in...
Share: Saudi Arabia expected to extend its 1 million bpd output cut into October. Russia agrees with OPEC to cut exports next month. Positive business activity...
Share: Brent Crude prices stand at around $85/bbl, about 3% below the year-to-date highs reached on 9 August. Oil price declines mask improving fundamentals, economists at...
Share: WTI crude oil fades bounce off two-week low, sidelined of late. China’s Evergrande files for bankruptcy protection and bolsters debt woes amid economic fears about...
Share: WTI increased more than 1% on Friday and found resistance near $81.30, above the 20-day SMA. US Oil and natural rigs decreased for the sixth...