Crude Oil Price Starts Recovery But Faces Hurdle
Key Highlights Crude oil prices started a recovery wave above $70. It broke a major […]
US Debt Theater: Final Act?
Risk sentiment remains poor as the US couldn’t reached an agreement on its debt ceiling. […]
Oil Under Pressure, But Downside Limited
WTI crude oil rebounded on Monday after three sessions of declines in the second half […]
WTI Oil: Bears Regained Control But Struggling to Clear Key $70 Support
Oil price is holding in red for the third straight day, under fresh pressure on […]
Gold Price and Crude Oil Price Could Extend Losses
Gold price is moving lower below the $2,025 support. Crude oil price is correcting gains […]
WTI Oil Futures Set Bullish Tone, But Too Early for Trend Reversal
WTI oil futures bounced back into the 70.00 territory after its latest downfall stalled marginally […]
The Big CPI Day Today
Market movers today Today’s key event will be US CPI for April. We look for […]
Oil Market Outlook
Oil prices rebounded slightly on Friday but are still expected to show losses for the […]
WTI Oil: Oil Eases after Steep Recovery on Renewed Demand Concerns
Strong rebound from new lowest since Dec 2021 ($63.63, May 4 low) in past three […]
WTI Oil Technical: Evolving into Minor Uptrend
Last week’s intra-week loss of -17% has been recovered partially. Positive technical analysis elements sighted; […]
WTI Oil: Recovery from New Multi-Month Low Likely to be Limited as Negative Fundamentals weigh
WTI contract is holding in recovery mode for the second straight day, following a dramatic […]
WTI Oil Futures Plummet to Fresh 17-month Low
WTI oil futures (June delivery) had been in recovery mode since they encountered strong support […]