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IPC Index — Mexico MarketCrude Oil
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WTI Price – Flat lines below $87.50 as bears await 100-day SMA breakdown
WTI edges higher as renewed hostilities between the US and Iran keep geopolitical risks in play. The lack of follow-through…
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WTI Price Sticks to losses below $89.00; bearish setup backs further weakness
WTI attracts some follow-through sellers on Tuesday in reaction to the Israel-Iran truce. The US-Iran peace deal uncertainty keeps geopolitical…
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Brent Jumps as Iran and Israel Exchange Missile Strikes
Brent crude futures jumped more than 4% to above $97 per barrel on Monday, rebounding from a two-session decline after…
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WTI Price Sticks to gains near $92.00; 200-SMA on H4 holds the key for bulls
WTI kicks off the new week on an update note as renewed hostilities dampen peace deal hopes. The technical setup…
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WTI slips below $93.00 following Israel-Lebanon ceasefire deal
WTI falls as an Israel-Lebanon ceasefire renews hopes for a broader diplomatic resolution, easing global oil supply concerns. Geopolitical optimism…
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Brent Oil rises above $97.00 as Iran’s ceasefire wobbles
Brent Oil prices have appreciated 5% so far this week, reaching highs above $97.00. Escalating tensions between the US and…
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Oil Climbs for Third Straight Session
WTI crude futures climbed toward $95 per barrel on Wednesday, marking a third consecutive session of gains as ongoing uncertainty…
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Oil on hold as the market bets on diplomacy
Oil prices fell on Tuesday, giving back part of the earlier gains. Around the opening of the U.S. session, Brent…
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WTI drifts lower below $89.50 as traders await progress on Middle East peace talks
WTI price drifts lower to near $89.35 in Tuesday’s early European session. Iranian officials reported that they were cutting off…
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Chart of the Day – OIL
Brent crude (OIL) is up nearly 3% today, reaching $93.86 per barrel, with a daily trading range of $92.52 to…
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