Crude Oil Reverses Recent Losses as Markets Recalibrate after Israeli Invasion

[ad_1] Crude Oil, WTI, Brent, US Dollar, Israel, USD, Gold – Talking Points Oil prices have leapt higher as markets re-appraise the Middle East The US Dollar resumed strengthening as perceived havens gain favour If geo-political conditions remain unstable, is that supportive of WTI? Recommended by Daniel McCarthy How to Trade Oil Crude oil prices

WTI crude futures settle at $82.79

[ad_1] The price of WTI crude futures are settling at $82.79. That’s up $0.48 or 0.58%. Since then the price has rallied up to $82.98. For the week, the price is still down sharply by -8.57% currently that is the sharpest fall since March 13, 2023 week This article was written by Greg Michalowski at

Crude Oil Eyeing 7 Percent Drop this Week So Far as Retail Bets Becoming More Bullish

[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices on course for worst week since mid-March Retail traders recently turned net-long WTI, a bearish sign Prices broke under key moving averages, where too? Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Crude oil prices are on course

USD/CAD trades higher near 1.3710 on market caution, downbeat Crude prices

[ad_1] Share: USD/CAD strengthens due to the Fed’s hawkish tone on interest rates trajectory. Stronger US jobs data bolster the US yields; contributing support for the US Dollar. Downbeat Crude oil prices put pressure on the Canadian Dollar. USD/CAD traces the upward path on the fourth successive day, trading higher near 1.3710 during

Brent Crude, WTI Take a Breather as USD Surges

[ad_1] Oil (Brent Crude, WTI) Analysis Strong yields, USD and Fed speak send oil prices lower Support eyed ahead of storage data as bulls weigh up possible continuation plays Risk events: OPEC, API and EIA storage data due The analysis in this article makes use of chart patterns and key support and resistance levels. For

Crude Oil Vulnerable as Recent Drop Pushes Retail Traders to Build Upside Exposure

[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices fell the most over 2 days since early June Retail traders are increasingly building upside exposure This is an early warning sign that WTI may continue lower Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Over the past