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 […]
Crude Oil Price Nosedives, Fed Hiked Rates Again
Key Highlights Crude oil prices started a fresh decline below the $75 support. A major […]
WTI Oil: Oil Price Extends Weakness After 5.5% Drop on Tuesday
Oil price extends weakness after 5.5% drop on Tuesday, driven by demand worries and expected […]
Oil Has Closed the Gap But Ready to Go Lower
WTI oil stabilises near $75 for the third day at the lowest monthly level. The […]
Gold Price and Crude Oil Price Face Key Hurdles
Gold price is struggling to gain momentum above the $2,003 resistance. Crude oil price is […]
WTI Oil: Bears to Pause for Consolidation after a Heavy Losses
Bears are taking a breather in early Thursday’s trading after a strong fall in past […]