Share: WTI dropped 0.95% as China’s rate cut and push for increased lending reflect a slowing economy. Saudi Arabia’s July oil shipments to China see a...
Share: WTI crude oil takes offers to refresh intraday low, extends week-start losses. Fears of China’s slowing economic recovery, banking woes in US and concerns about...
Share: WTI trades in negative territory for the third consecutive day. China’s economic woes exert selling pressure on WTI prices. Oil traders await US PMI, the...
Share: WTI climbs to $78.80 per barrel, up 0.39%, as hawkish comments from the Fed initially dent but later fail to suppress oil prices. Iran announces...
Share: WTI crude oil recovers from key EMA confluence within 13-day-old falling wedge bullish chart formation. Steady RSI, bearish MACD signals and 4.5-month-old horizontal resistance area...
Share: WTI crude oil prints the first daily loss in three while retreating from short-term key resistance line. Convergence of 200-day EMA, 50-day EMA puts a...
Share: WTI edges lower to $79.85 after retracing from $80.65 amid the fear of China’s growth rate, potential US interest rate hikes. A tighter supply caused...
Share: WTI crude oil extends the week-start retreat within a fortnight-old bearish channel. Downside break of rising support line from Wednesday, looming bear cross on MACD...
Share: WTI prices gain momentum due to a decline in the US Dollar. The market lowered their expectation of the Federal Reserve (Fed) rate hikes in...
Share: WTI wanders around the $81.30 zone just above the 20-day SMA. The US reported weak economic activity data and lower-than-expected EIA crude stockpiles. Investors eye...
Share: USD/CAD bounces off weekly low to prod three-day losing streak. Oil price retreats as market prepares for top-tier US data, China PMI, stimulus fail to...
Share: WTI rose near the $82.90 zone, setting a three-day winning streak. Supply crunch fears amid the Hurracain Idalia tractions Oil prices. A stronger USD and...
Share: WTI jumped above $79.00, but RSI and MACD point at overbought condition. China announced that they will implement economic stimulus to bolster local demand. All...
Share: WTI consolidates its recent gains around the $78.80 mark. Supply cuts from Saudi Arabia and Russia, hopes for Chinese stimulus measures lift WTI prices. Further...
Share: WTI soared on Friday and rose toward the 200-day SMA at $76.82, tallying a fourth consecutive weekly gain. Chinese stimulus rumors bolstered Oil prices. All...
Share: WTI crude oil treads water after rising the previous day, appears well set for a four-week uptrend. Downbeat EIA inventories join China stimulus to provide...
Share: The WTI peaked at $76.11 and then settled below $76.00. Jobless Claims came in lower than expected and strengthened the USD. Markets turned cautious amid...
Share: EIA Crude Oil Stocks Change data indicated lower demand for crude oil. The renewed trade war tensions between the Sino-US might exert pressure on WTI....
Share: WTI clears daily gains after peaking at a daily high of $76.83 near the 200-day SMA. EIA reported that US Crude Oil stocks decreased more...
Share: WTI bulls are taking profits ahead of the weekend and the price retreated near $75.50. The price was rejected twice this week by the 200-day...