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WTI holds steady above $59.00 as markets digest Iran tensions, Trump’s tariff threats
WTI price trades flat near $59.30 in Monday’s early European session. Traders continue to assess the situation in Iran and…
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Heating Oil Rebounds
US heating oil futures rebounded toward $2.24 per gallon after briefly retreating from recent highs, tracking firmer feedstock costs as…
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Three Markets to Watch Next Week
Global markets remain on edge as internal unrest in Iran persists, fueling ongoing geopolitical anxiety. This instability is compounded by…
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Iran Tensions Underpin Crude Oil Prices
February WTI crude oil (CLG26) on Friday closed up +0.25 (+0.42%), and February RBOB gasoline (RBG26) closed up +0.0014 (+0.08%).…
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WTI hovers below $59.00 as US-Iran tensions ease, weekly loss looms
WTI price is set for a modest weekly loss following three consecutive weeks of gains. Crude Oil prices decline as…
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WTI retreats toward $60.00 as fears of a US military strike on Iran ease
WTI falls after Trump said reports suggest Iran’s crackdown-related killings are easing. Oil prices stay pressured as the EIA Crude…
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Heating Oil Down Over 3%
U.S. heating oil futures fell more than 3% to around $2.21 per gallon on Thursday, retreating from a five-week high,…
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Crude Inventories Surge Against Expectations, Oil Maintains Strong Gains
Crude Oil Inventory Change: +3.39m bbl (Expected: -2.2m bbl; Previous: -3.8m bbl) Gasoline Inventories: +8.997m bbl (Expected: +4.1m bbl; Previous: +7.7m bbl)…
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Trade of The Day – Oil.Wti
Facts: OIL.WTI breaks above the 100-day exponential moving average The RSI for the last 14 days remains in the 61-point…
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WTI holds losses below $60.50 as Venezuela resumes exports, US stocks rise
WTI slips as Venezuela begins reversing Oil production cuts imposed during the US embargo. Two supertankers departed Venezuela carrying about…
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