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IPC Index — Mexico MarketWTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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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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China, Saudi Aramco and Oil – What’s Next?
One of the most striking developments in recent months is how completely sentiment and expectations have diverged – clearly visible…
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WTI drifts higher above $95.50 on US-Iran tensions, Strait of Hormuz disruption fears
WTI price gains ground to near $95.70 in Tuesday’s early Asian session. Escalating US-Iran tensions and Strait of Hormuz disruptions…
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WTI rises above $95.50 as Trump rejects Iran’s proposal
WTI gained after Trump rejected Iran’s proposal, keeping the Strait of Hormuz effectively closed. Drone strikes hit a cargo ship…
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