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...
Share: The WTI price trades with losses near the $73.00 area, cutting a four-day winning streak. Weak NFPs from the US and dovish bets on the...
Share: WTI crude oil pares the biggest daily gains in a week amid downbeat mood. China Caixin Services PMI drops in June, fears of recession, Sino-American...
Share: WTI crude oil is down 0.55% at $70 per barrel amid fears of a global economic slowdown impacting oil demand. Saudi Arabia and Russia’s supply...
Share: WTI bulls move to test the bear’s commitments at dynamic resistance. $72.700 vs. 66.80s in play within the bear’s lair. Commodity demand is slacking into...
Share: WTI failed to surpass the 20-day SMA at $70.29 and then stabilized around $69.75. US reported that GDP from Q2 was revised upwards to 2%...
Share: WTI jumped from a low of $67.10 to a daily high of $69.40. EIA Crude Oil Stock declines were significantly higher than the consensus. US...
Share: WTI remains pressured around weekly low after welcoming bears the previous day. Cautious optimism about China, receding fears of Russia-induced supply crunch fears weigh on...
Share: The oil price has printed a fresh nine-day low at $67.60 amid bleak economic forecasts. In the battle against stubborn inflation, central banks are sharpening...
Share: Central bank rate hikes, led by BoE, stoke fears of diminished oil demand. WTI falls despite recent OPEC+ output cuts and surprise dip in US...
Share: WTI jumped to its highest level since June 8, reaching $72.70. Powell didn’t deliver hawkish surprises, maintaining his stance from last Wednesday’s presser. A positive...
Share: WTI fell to a five-day low of $69.82, seeing more than 1.50% losses. PBoC rate cuts fueled energy demand concerns among oil traders. World indexes...
Share: WTI fades bounce off intraday low, defends previous day’s U-turn from one-week high. Fears about tropical storm Bret turning into hurricane outside US Gulf renews...