Oil Price Stabilizes Near Year’s Highs
Last week, the Russian Federation and Saudi Arabia confirmed plans to reduce production by the […]
WTI Oil Futures Jump to Fresh 9-month High
WTI oil futures (October delivery) have been in a steady advance since early July, generating a structure of […]
Crude Oil Price Rally Could Extend To $90
Key Highlights Crude oil price is rising above the $84 and $85 resistance levels. A […]
WTI Oil Outlook: Extended Production Cuts to Further Underpin Price
WTI oil price edged lower in early Wednesday’s trading, after advancing 0.9% on Tuesday and […]
Price of Oil Sets Maximum of the Year
Yesterday, the price of WTI oil rose above USD 85.50 per barrel. This has not […]
Soft US Jobs Data, Further China Stimulus Fuel Appetite
Last week ended on a positive note, and this week started with a solid risk […]
WTI Oil Technical: Risk of Countertrend Setback After Rallying a Year-to-Date High
Erased prior two weeks of consecutive losing streaks to trade a current year-to-date closing high […]
Dollar Stays Resilient after Volatile Week, Euro Falters as Worst Performer
In a week marked by high volatility, Dollar proved resilient, closing within its established range […]
Gold Price and Crude Oil Price Turn Green
Gold price is showing positive signs above the $1,925 pivot level. Crude oil price is […]
WTI Oil Points to August’s High, But Will the Bulls Show Up?
WTI oil futures (October delivery) snapped the 81.00 barricade and crawled moderately back above the […]
WTI oil eyes critical resistance zone at 90 amid supply constraints
Oil prices climbed to their highest level in 10 months today, as robust demand coupled […]