WTI crude oil futures settle at $90.03, up $0.40 or 0.43%. The high for the day reached $91.33. The low was at $89.31. WTI crude oil trades between retracement levels Brent crude prices settled at $93.27 down $0.03 or -0.03% For the trading week, the price of crude oil is down marginally by -0.58%. Looking
Crude Oil, WTI, Bearish Engulfing – Technical Update: Crude oil prices turned lower over the past 24 hours Bearish Engulfing candlestick pattern now in focus Watch rising trendline, RSI divergence on 4-hour Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Daily Chart WTI crude oil prices might be showing early signs of topping that
Crude Oil, WTI, Brent, Saudi Arabia, China, Aramco, Fed, EIA, API, Backwardation – Talking Points Crude oil jumped to print fresh highs again yesterday Worries over China appear to be being ignored for now The oil market structure might be supportive of higher WTI Recommended by Daniel McCarthy Understanding the Core Fundamentals of Oil Trading
Share: USD/CAD struggles to gain any meaningful traction and oscillates in a range on Monday. Bullish Oil prices underpin the Loonie and act as a headwind amid a modest USD slide. The downside seems limited as traders seem reluctant ahead of the FOMC policy meeting. The USD/CAD pair kicks off the new week
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
CRUDE OIL, WTI, NATURAL GAS, NG – Outlook: Crude oil’s break above key resistance points to further rise. Immediate downside risks in natural gas haven’t been eliminated. What is the outlook for crude oil and natural gas and what are the key levels to watch? Recommended by Manish Jaradi Futures for Beginners Crude Oil: A
Baker Hughes US oil rig count There’s about a 12 month lag from US drilling to production. I suspect we’ve bottomed here but it’s tough to say how quickly it will rebound. Yes, oil is at $90 but OPEC+ has 4 million barrels per day in spare production and oil company shareholders are trying to
Share: Arm Holdings gained 24.7% on Thursday debut. ARM stock sells off Friday after initial rally. Higher Oil prices are affecting market sentiment as inflation indicators rise this week. United Auto Workers initiates strikes at Ford, GM and Stellantis factories. Taiwan Semiconductor tells suppliers to delay equipment orders. Arm Holdings (ARM) stock is
Share: US oil took a small hit on Friday, but is rebounding firmly to hold $90/bbl. OPEC production cuts are squeezing crude prices into the ceiling. The next hurdle for buyers will be pushing crude into $100. West Texas Intermediary (WTI) US crude oil hesitated in Friday trading, dipping to $88.60 per barrel before
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
