WTI Oil: OPEC+ Likely to Keep Its Production Cut and Further Support the Price
WTI oil price rose further on Wednesday, extending advance into fourth straight day, following strong […]
WTI Oil: On Track for a Potential Recovery After 2-month of 12% Decline
Recent additional stimulus measures from China, a reduction in elevated net long positioning from large […]
WTI Crude Oil Price Shows Bullish Trend Ahead of OPEC Meeting
As the chart indicates, on Monday, the price of WTI crude oil rose by approximately […]
Could Developments in Iran and Saudi Arabia Turn the Tide for Oil?
Iran is still quiet about reasons behind the helicopter accident Saudi Arabia’s King health scare […]
WTI Crude Oil Opens the Way for Bearish Actions
WTI drops below diagonal line 20- and 200-day SMAs post death cross RSI flattens and […]
Elliott Wave Analysis on Oil (CL) Looks for Short Term Weakness
Short Term Elliott Wave in Light Crude Oil (CL) suggests the decline from 4.12.2024 high […]
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 […]
Oil Shows Weakness
Oil is losing about 0.75% of its peak on Monday, having hit a strengthening sell-off […]
Calm Before Storm for WTI Oil Futures?
WTI oil futures hold near recent lows; develop within narrow neutral structure Technical signals indicate […]
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 […]
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 […]