Crude Oil
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WTI extends range play around $79.00; bullish potential intact amid Mideast tensions
WTI trades with a positive bias during the Asian session, though it lacks bullish conviction. Rising US-Iran tensions keep geopolitical…
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WTI Price Consolidates around $79.00, above 200-day EMA and 23.6% Fibo.
WTI enters a bullish consolidation phase below a nearly one-month high, set on Tuesday. Escalating US-Iran tensions and the closure…
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Oil prices sharply up after Iran escalation
Brent crude tests $85 per barrel amid intensified attacks between the US and Iran Oil prices are rising for the…
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Chart of The Day – Oil, Warsh, and inflation – will the dollar come out on top?
We began the week with significant increases in energy commodity prices and a broad investor retreat from risk. This is,…
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WTI Price Climbs above $74.00; bearish bias intact below 23.6% Fibo./200-EMA
WTI attracts fresh buyers at the start of a new week amid escalating US-Iran tensions. The technical setup warrants some…
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Crude Oil Prices Retreat as US-Iran Peace Talks Set to Continue
Crude oil and gasoline prices gave up an early advance on Friday and moved lower as prices whipsawed on various…
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WTI consolidates below $72.00 as traders monitor geopolitical developments
WTI is seen consolidating in a range as traders seem hesitant amid mixed US-Iran messaging. Exchanges of fire between the…
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Chart of The Day – Oil slides from $80 despite USA – Iran tensions. What’s next?
Brent crude (OIL) rallied on the back of the latest escalation in the Middle East, but despite strikes on Iranian…
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WTI Price Fails near 23.6% Fibo. amid mixed technical setup; hovers near $74.00
WTI edges lower on Thursday, snapping a two-day winning streak to an over two-week high. Mixed technical indicators warrant some…
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Will oil return to $100 per barrel? Trump points to the end of the ceasefire
The situation in the oil market is turning 180 degrees after less than a month. After testing the area of…
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