Crude Oil
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WTI Price – Bears have the upper hand below $82.10-$82.15 confluence hurdle
WTI drifts lower on Thursday amid fresh optimism over the reopening of the Strait of Hormuz. However, the geopolitical risk…
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Geopolitical Noise vs. Hard Data: What is Really Happening in the Oil Market?
The recent correction in oil prices, which at one point reached as much as 8% this week, is driven by…
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Oil reverses declines despite Trump’s assurances, while Wall Street awaits Nvidia’s judgment report
It is clear that Wall Street investors are unsure of what to expect in the near future. Volatility in recent…
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Commodity Wrap – Natgas, Cocoa, Gold, Oil
Market Situation During today’s session on the commodities market, slight declines prevail, with the average decrease amounting to -0.26% and…
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WTI slips below $85.00 as traders take profits before new US sanctions on Iran
Investors take profits ahead of stricter US sanctions targeting Iranian oil exports and trading partners. Middle East tensions and Strait…
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Crude Oil Prices Rise as Middle East Hostilities Persist
October WTI crude oil (CLV26) closed up +0.23 (+0.26%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0377 (+1.25%).…
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Oil Holds Near Highs as Iran Conflict Uncertainty Persists
Crude oil was little changed around $94 a barrel on Friday, as investors assessed signs that Iran may be seeking…
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WTI consolidates around $86.00; bulls potential intact amid US-Iran impasse
WTI steadies following the previous day’s late pullback from a three-week high. The US-Iran standoff over the Strait of Hormuz…
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Oil Rises by Over 2%
Crude oil climbed more than 2% to around $86.70 a barrel on Thursday, reaching its highest level since July 24,…
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WTI Price Sits near three-week high, below $85.00 as bulls eye 100-SMA breakout
WTI sticks to a positive bias for the fourth straight day and climbs to a nearly three-week high. The US-Iran…
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