Rally Extends
The barrel of American crude finally cleared the $74/75pb resistance range on the mounting geopolitical […]
2023 In Review: A Look Back At The Highlights Of The Year
The year 2023 commenced after two years of economic uncertainty and heavy inflation across Europe […]
Soft Inflation at the Top of Santa’s Wishlist
Appetite in European stocks waned yesterday, yet the US counterparts recovered Wednesday losses and closed […]
WTI Crude Oil Hovers Near the Upper Boundary of the Channel
WTI crude attempts to surpass 74.00 Immediate resistance near 200-day SMA Stochastic looks overbought WTI […]
WTI: Oil Price Rises Further on Growing Supply Disruption Concerns
WTI oil price continues to trend higher, extending recovery from Dec 13 low ($67.70) into […]
Gold Price Eyes Breakout, Crude Oil Price Recovers
Gold price gained traction and climbed above the $2,030 resistance level. Crude oil price is […]
Crude: Temporary Recovery Has Room for $75
Crude spiked lower on Friday, but then stabilized on volume late in US session when […]
Commodities Year Ahead 2024: Fed Policy to Drive Gold, Oil to Dance to Rhythm of OPEC+
Gold enters uncharted territory twice in 2023 Fed policy to remain gold’s main driver in […]
WTI Oil Technical: Momentum-Term Downside Momentum Has Eased
Two key positive technical analysis elements have emerged at the US$67.55/66.35 major support zone. The […]
WTI Oil: Hits the Lowest Levels in Nearly Six Months Ahead of FOMC Decision
WTI oil price hit new multi-month low on Wednesday morning, in extension of Tuesday’s nearly […]
Crude Oil Price Resumes Slide, Fed Rate Decision Up Next
Key Highlights Crude oil prices declined heavily below the $73.50 support. A connecting bearish trend […]
WTI Crude Oil Holds Neutral in 2023
WTI oil finds significant support at 200-week SMA Will the price end the bearish move […]