Is the Time for WTI Crude Oil to Create Bearish Correction?
Fed’s cautious stance drives WTI crude oil lower Commodity capped by bearish cross and 80.00 level […]
Metals Shine
The week kicked off with quite a solid appetite, especially for commodities. Gold advanced to […]
Oil Shows Weakness
Oil is losing about 0.75% of its peak on Monday, having hit a strengthening sell-off […]
How High is Too High?
Equity bulls around the globe celebrated in style the softer-than-expected US CPI data last week. […]
Calm Before Storm for WTI Oil Futures?
WTI oil futures hold near recent lows; develop within narrow neutral structure Technical signals indicate […]
PPI Data Didn’t Feel ‘Right’
Yesterday was one of those days when investors insisted on seeing a glass that was […]
Will Today’s CPI Echo the PPI Print?
In focus today In the US, the focus will be on April CPI. We forecast […]
Oil Retreating But Unlikely to Repeat Collapses of 2020, 2014 or 2008
Crude oil has been under pressure over the past four weeks but has been gaining […]
Brent Crude Oil Faces Downward Pressure Amid Demand Uncertainties
The price of Brent crude oil is currently experiencing a downturn, trading around 82.55 USD […]
Gold Price Regains Strength While Crude Oil Price Recovers
Gold price started a fresh increase above $2,320. Crude oil is recovering and might rise […]
Crude Oil Price Takes Hit, Decoding Hurdles To Fresh Increase
Key Highlights Crude oil prices declined further below the $80.00 support. A connecting bearish trend […]
WTI crude trends downward amid revised EIA supply and demand forecasts
WTI crude oil is extending its near term decline today on expectation of higher production […]