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WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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Oil Hovers at Two-Week Low
WTI crude oil futures hovered below $60 per barrel on Thursday, holding a two-day decline to a two-week low, as…
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Commodity Talk – Oil, NATGAS, Gold And Cocoa
Oil Crude oil remains pressured, as US and EU sanctions have yet to materially slow Russian seaborne exports. The Trump-Xi meeting…
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Oil Down on Supply Concerns Despite OPEC+ Pause Plan
WTI crude oil futures fell to $60.8 per barrel on Tuesday after a four-day advance, amid persistent concerns about oversupply…
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Facts: OIL.WTI retested the 50-day exponential moving average. At the same time, the 200-day EMA continues to slope downward. Recommendation:…
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Chart of The Day – OIL
Oil prices remain stable today at $64.80 per barrel of Brent crude, despite a moderate production increase of 137,000 barrels per day…
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Gasoline Futures Follow Crude Oil Higher
US gasoline futures rose toward $1.9 per gallon, following the rise in crude oil prices after OPEC+ signaled a pause…
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WTI holds remains subdued around $60.00 due to oversupply concerns
WTI price struggles amid oversupply concerns ahead of OPEC+ meeting. OPEC+ members plan to increase production by 137,000 barrels per…
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WTI treads water above $60.00 before US-China trade deal updates
WTI price moves little as traders await developments on US-China trade deals. President Trump was expected to urge China to…
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Sharp Drop in U.S. Oil Inventories
03:30 PM BST, United States – EIA Data: Crude Oil Inventories: actual -6.858M; forecast -0.900M; previous -0.961M; EIA Weekly Distillates Stocks: actual -3.362M;…
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Oil Holds 3-Day Decline
WTI crude oil futures traded around $60 per barrel on Wednesday, holding a three-day decline as investors continued to weigh…
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