How Will China’s Regulation Affect Oil?
China has issued new oil product export quotas to allow oil companies to send surplus […]
WTI Oil: Rising Demand and Concerns About Supply Continue to Boost the Price
WTI oil price rose further and hit the highest in two weeks on Wednesday, as […]
WTI Oil Futures Extend Slide Below 80
WTI oil futures (October delivery) have been steadily losing ground after peaking at the nine-month high of 84.15 […]
Amazing Nvidia
Nvidia announced STUNNING results when it released its Q2 earnings yesterday after the bell. The […]
Crude Oil Price Drops Below $80 And Might Extend Losses
Key Highlights Crude oil price declined below the $81.50 and $80.00 support levels. It traded […]
WTI Oil: Prices Accelerate Lower on Fresh Demand Concerns
WTI oil price fell around 1.6% on Wednesday after weak manufacturing data from Japan, Eurozone […]
Rate Expectations Pared Back as PMIs Point to Recession
European stocks have given back the bulk of their gains this morning as flash PMI […]
Crude Oil Looking for Deeper Supports Within Uptrend (Elliott Wave Forecast)
Crude rallied only in three waves and stops between 50-61.8% Fib, so it appears that […]
WTI Oil Technical: Potential Bullish Reversal to Resume Medium-Term Uptrend
The recent decline of -6.8% from its 10 August 2023 high has not damaged the […]
Gold Price and Crude Oil Price Signal Negative Trend
Gold price is moving lower from the $1,930 resistance. Crude oil price is also declining […]
WTI Oil Dips Again as Sellers Take Control
WTI oil futures got hammered after the peak at a nine-month high of 84.89, breaking out […]
WTI Oil Technical: Time for a Potential Short-Term Pullback
Recent bullish breakout from “Descending Wedge” has led to a 10% rally to reach a […]