Crude Oil
-
Crude Prices Push Higher on Dollar Weakness and Reduced Russian Oil Exports
January WTI crude oil (CLF26) on Monday closed up +0.77 (+1.32%), and January RBOB gasoline (RBF26) closed up +0.00474 (+2.60%).…
Read More » -
WTI jumps to near $59.30 as OPEC+ agrees to halt Oil supply hikes
The Oil price rises 1.7% to near $59.30 as the OPEC+ agrees to hold the Oil supply from the first…
Read More » -
WTI drifts higher above $58.00 on Fed rate cut hopes
WTI price edges higher to near $58.15 in Tuesday’s Asian session. The anticipation that the Fed may opt for an…
Read More » -
Oil Down with Focus on Ukraine Peace Deal
WTI crude oil futures fell to $58.5 per barrel on Tuesday, paring gains from the previous session, as prospects for…
Read More » -
Chart of The Day – OIL.WTI
Oil prices started the week with a slight selloff, adding to last week’s 3% decline. The oil market is now…
Read More » -
Oil Steady Amid Prospects of Russia-Ukraine Deal
WTI crude oil futures hovered around $58 per barrel on Monday after a three-day decline, as investors weighed the possibility…
Read More » -
WTI falls to $58.00 as Ukraine–Russia tensions ease, sanctions eyed
WTI price declines as easing Ukraine–Russia tensions raise the possibility of reduced sanctions on Russian Oil. President Zelenskyy signals openness…
Read More » -
WTI drifts lower to near $60.50 as US crude inventories rise, sanction risks in focus
WTI price declines to near $60.50 in Wednesday’s Asian session. US crude inventories rose by 4.4 million barrels for the…
Read More » -
WTI retreats to near $59.50 on oversupply forecasts, sanctions could limit downside
WTI price dips as oversupply concerns resurface following an ING report forecasting a substantial market surplus through 2026. Goldman Sachs…
Read More » -
Trade of The Day – OIL.WTI
Facts: The previous 3 attempts to overcome the 55-56 level ended in failure. The RSI(14) indicator shows a value below…
Read More »
