Rising Oil About to Become An Issue
US crude jumped past the $79b level this morning on escalating tensions in the Red […]
WTI Oil Technical: Approaching a Key Medium-term Resistance, At Risk of Mean Reversion Decline
WTI crude oil has started to evolve into a short-term uptrend phase reinforced by the […]
WTI Oil Futures Challenge 61.8% Fibo
WTI futures break above crucial trendline and 50-day SMA Next target is the 61.8% Fibo, which […]
WTI Oil: Bulls Hold Grip But May Take a Breather on Overbought Daily Studies
WTI oil remains at the front foot and trading near one-month high, posted on Wednesday, […]
WTI Oil Futures Swing Within Neutral Triangle
WTI oil futures extend horizontal move Resistance at 73.85; support at 69.60 WTI oil futures […]
Gold Price Dips Again and Crude Oil Price Turns Red
Gold price is correcting gains below the $2,040 support. Crude oil prices declined steadily below […]
WTI Oil Technical: Sideways Within a Potential Minor Bottoming Configuration
Ongoing hostilities in the Middle East region and the Red Sea shipping route have put […]
Middle East Escalation Coincides With Oil Price Key Level
Oil is up 2.8% since the start of the day on Friday following a new […]
US and UK Launch Airstrikes on Yemen’s Houthis
In focus today Following the airstrike launched by the US and UK against Houthi rebel […]
US CPI Bounce Goes Unheard, Focus on Bank Earnings
Yesterday’s US inflation report wasn’t exactly ideal. The headline inflation rose more than expected to […]
WTI Crude Oil Remains Within Descending Channel
WTI oil holds beneath 20-day SMA 200-day SMA looks like significant resistance WTI crude oil […]
WTI oil edges closer to 80 following escalation in Middle East and US troop fatalities
Notable rally is seen in oil markets as the week commences, with WTI crude oil […]