WTI Quickly Recovered Monday’s Heavy Losses But Downside Remains Vulnerable
WTI oil was firmer in early Tuesday trading following a roller-coaster ride on Monday, when […]
Crude Oil Takes Another Plunge
Already-weak oil prices took another knock today as the Wall Street Journal reported that the […]
Week Ahead: RBNZ, Black Friday, PMIs and FOMC Minutes
With the Thanksgiving holiday in the US on Thursday, markets may be slow towards the […]
WTI Oil Outlook: Bears on Track for Weekly Drop of Around 8%
WTI oil is consolidating within a narrow range in early Friday’s trading after bears accelerated […]
USD to Regain Strength after Hawkish Fed Comments?
Asian Indices: Australia’s ASX 200 index rose by 14.9 points (0.21%) and currently trades at […]
WTI Oil Futures Retreat Below 50-day SMA
WTI oil futures (January delivery) have been stuck in a downtrend since mid-June when the price failed […]
Crude Oil Price Dips, Can This Key Support Hold?
Key Highlights Crude oil price started a fresh decline from well above $90. A major […]
WTI Falls as Demand Concerns Intensify
Crude oil prices are lower for the second consecutive week, with WTI around 2% lower […]
US Oil: How Soon is the End of the Ending Diagonal?
In the long term, USOIL seems to be forming a primary wave ⑤, which takes […]
WTI Oil: Bears Remain Firmly in Play on Demand Worries and Reinforced by Daily Bearish Engulfing
WTI oil remains in red in early Tuesday’s trading and extends Monday’s strong fall (down […]
WTI oil to break through 76.6 support as Saudi Arabia considers production increase
Oil prices tumble again today on news that Saudi Arabia is eyeing OPEC+ production increase, […]