US Oil Tests Key Resistance
WTI crude steadies as Russia bans countries that abide by the Western price cap. On […]
Crude Oil Price Trims Gains, Gold Faces Key Hurdle
Key Highlights Crude oil price started a fresh decline from the $81 resistance. It broke […]
Chinese Reopening Story is Not All Rosy
Yesterday, Russia finally responded to the EU’s price cap on its oil exports, saying that […]
WTI Oil Hits Three-Week High on Improved Sentiment
The WTI oil price rose above $80 per barrel and hit the highest level in […]
Slow Week
It has been quite a quiet start to the week with many major markets still […]
WTI Oil Futures Bounce off 1-Year Low
WTI oil futures (February delivery) have been trending lower since mid-June when the price got rejected at […]
US Oil Grinds Higher
WTI crude edges higher over a larger-than-expected draw in US inventories. The commodity has so […]
WTI oil extends rebound, but down trend still intact
Oil prices extended the near term rebound this week as winter storm hit the US. […]
Stocks Rise Cautiously after Steep Losses Last Week
US futures Dow futures +0.12% at 32930 S&P futures +0.13% at 3855 Nasdaq futures +0.22% […]
US to Start Rebuilding Oil Reserves Next Year
Market movers today There are only few key data releases left for 2022, and this […]
WTI oil down as China boost fades
Oil prices closed lower overnight as the near term rebound appeared to be fading. The […]