Crude Oil
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WTI Price Forecast: Seems vulnerable near mid-97.00s; break below 38.2% Fibo. awaited
WTI drifts lower for the second straight day amid the optimism over a potential US-Iran peace deal. The overnight breakdown…
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Chart of The Day – Will oil reach $150? Enverus warns
Brent crude (OIL) futures are edging lower after Monday’s surge, when investors reacted with panic to renewed escalation between the…
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WTI stays below $102.00 as US Navy moves to restore Hormuz shipping
WTI declines as supply disruption fears ease, with the US Navy moving to reopen the Strait of Hormuz. Maersk said…
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WTI Jumps as Hormuz Threats Rise
WTI crude oil futures jumped more than 3% to above $105 per barrel on Monday as Middle East tensions intensified,…
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Ethanol Futures Rise to 30-Month High
Ethanol futures climbed above $2.0 per gallon, near their highest level since October 2023, as global demand for biofuels continues…
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WTI Oil rises towards $100 after Trump vows to free Hormuz ships
WTI Oil rises about $3 on Monday, nearing the key $100.00 level. Markets reacted with skepticism to Trump’s vow to…
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WTI recovers above mid-$98.00s after gap lower as Hormuz risks offset OPEC+ output hike
WTI attracts some dip-buying following a modest bearish gap down opening on Monday. Rising Iran tensions and Hormuz risks turn…
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WTI Crude falls as Iranian proposal raises hopes for renewed US-Iran negotiations
WTI Crude falls after reports of Iran’s new proposal to the US aimed at ending the war. Ongoing Strait of…
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WTI rises to near $102.50 amid rising supply concerns from Middle East
WTI heads for a second weekly gain as US-Iran tensions persist and Hormuz reopening prospects fade. Trump said the Iran…
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WTI advances above $105.50 as Iranian ports’ blockade deepens
WTI rises amid an intensifying naval blockade of Iranian ports. Canada’s oil sector draws renewed major interest as Middle East…
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