WTI Oil: Bull-Trap and Reversal Pattern Warn of Deeper Pullback
The WTI oil remains at the back foot for the third consecutive day and extends […]
US Oil Tests Key Resistance
WTI crude steadies as Russia bans countries that abide by the Western price cap. On […]
Crude Oil Price Trims Gains, Gold Faces Key Hurdle
Key Highlights Crude oil price started a fresh decline from the $81 resistance. It broke […]
WTI Oil Hits Three-Week High on Improved Sentiment
The WTI oil price rose above $80 per barrel and hit the highest level in […]
Could the Famous “Five-Day” Rule Reveal the Market Direction for the New Trading Year?
The start of each trading year is usually tricky for market participants as they leave […]
WTI Oil Futures Bounce off 1-Year Low
WTI oil futures (February delivery) have been trending lower since mid-June when the price got rejected at […]
US Oil Grinds Higher
WTI crude edges higher over a larger-than-expected draw in US inventories. The commodity has so […]
WTI oil extends rebound, but down trend still intact
Oil prices extended the near term rebound this week as winter storm hit the US. […]
Stocks Rise Cautiously after Steep Losses Last Week
US futures Dow futures +0.12% at 32930 S&P futures +0.13% at 3855 Nasdaq futures +0.22% […]
WTI Futures Head North after One-year Low
WTI crude oil futures have found a strong support level at the one-year low of 70.15, sending […]
US Oil Sees Timid Rebound
WTI crude bounced after OPEC said it expected demand growth from relaxed COVID policies in […]
WTI oil down as China boost fades
Oil prices closed lower overnight as the near term rebound appeared to be fading. The […]