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WTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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Oil extends losses and tests local lows. Piper Sandler bets on a rebound
Brent crude ( OIL ) is down nearly 3% today, trading around $93 per barrel and extending a clearly bearish…
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Chart of the Day: OIL.WTI
Following Monday’s improvement in market sentiment, which brought a substantial decline in energy commodity prices, we are observing a partial…
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Oil price higher, as no deal in sight for Iran and US
Key takeaways Investor enthusiasm mixed at start of the week Unclear when Strait of Hormuz will reopen ECB officials boost…
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Oil Prices Fall: Renewed Hopes for the Opening of the Strait of Hormuz
Monday, May 25, began on financial markets with a sharp decline in oil prices, a powerful opening for Wall Street…
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WTI slips below $91.00 amid rising US-Iran peace hopes
WTI falls as supply fears ease on growing optimism surrounding a potential US-Iran agreement. The US and Iran are reportedly…
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WTI – 200-SMA on H4/trend line confluence near $95.00 holds the key
WTI trades with a mild negative bias for the third straight day, though it lacks follow-through. The uncertainty surrounding a…
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Chart of the Day – Oil Reacts to Trump’s Words Again. Real Drop or Just a Correction?
The oil market has once again demonstrated just how powerful—yet often short-lived—a catalyst Donald Trump’s words can be. Yesterday’s remarks…
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Trade of the day: OIL
Facts Brent crude oil contracts (OIL) rebounded from local lows near $102.5 reached on May 20 to around $106 on…
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WTI edges lower below $98.50 on US-Iran deal optimism
WTI price drifts lower to near $98.20 in Thursday’s early European session. Optimism over a possible US-Iran agreement weighs on the…
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OIL – EIA points to a deeper supply shock than expected
Oil prices remain highly sensitive to developments in the Middle East, with Brent and WTI still holding around 100 USD…
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