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...