Crude Oil
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Oil declines under the weight of inventories
Brent Crude loses over 1% due to long-term forecasts and an unexpected increase in US commercial inventories Oil prices are…
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IEA forecasts 4.3 million bpd drop in global Oil supply
The International Energy Agency (IEA) cut its global Oil supply and demand forecasts for 2026 amid shipping disruptions in the…
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WTI Price – Bulls retain control near 38.2% Fibo.; move beyond $83.00 awaited
WTI trades with a positive bias for the third straight day, close to a nearly two-week high. The US-Iran standoff…
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Commodity wrap – Oil, Gold, Natgas, Emiss
Oil: Crude oil, after declines at the beginning of last week, returned to strong gains in the face of huge…
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Crude Oil Extends Rally on US-Iran Deal Uncertainty
Crude oil rose above $83 per barrel on Tuesday, extending gains for a fourth consecutive session as hopes for a…
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WTI Price Forecast: Refreshes weekly high at $82.70 as oil supply uncertainty deepens
The Oil price posts a fresh weekly high near $82.70 amid uncertainty over the Strait of Hormuz reopening. US President…
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Trade of The Day – OIL
Facts: The price has moved back above the EMA200 level. The EMA100 remains above the EMA200. RSI (14) is 52.4.…
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WTI comes off from day’s high as investors seeks clarity on Hormuz reopening
The Oil price retreats from the day’s high to near $77.55, but is still holding significant intraday gains. Iran wants…
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Uncertainty Over Reopening of Strait of Hormuz Lifts Crude Prices
September WTI crude oil (CLU26) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26) closed up +0.0468 (+1.59%).…
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Oil climbs back above $80 per barrel
Oil recovers on Iran-Oman talks and Ukrainian attacks on Russian refineries Oil prices are moving higher during Thursday’s session as…
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