WTI declines below $63.00 as weekly EIA crude inventories unexpectedly build
WTI price loses ground to near $62.95 in Friday’s Asian session. US crude oil stocks unexpectedly rose for the…
WTI posts modest gain above $65.00 on rising supply concerns
WTI price trades with mild gains near $65.30 in Wednesday’s early Asian session. The ongoing Russia-Ukraine conflict led…
Oil News: Crude Futures Jump 3% on Russia Supply Risk and Fed Rate Cut Hopes
Support remains layered, with $64.05 now acting as the first technical floor. A failure to hold this level…
Climbs to one-week high; bulls await move beyond $65.00 mark
WTI attracts buyers for the second straight day amid concerns about supply disruptions. The technical setup favors bulls…
Oil News: Bullish Oil Outlook Hinges on Break Above 50-Day Moving Average in Thin Trade
A breakout above this zone could unlock upside momentum toward last week’s swing top at $65.10, followed by…
Oil News: Crude Holds Above 52-Week Moving Average Support as OPEC+ Decision Looms
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Buyers show interest as geopolitical tensions re-escalate
Gold climbed to a fresh monthly high above $3,400.The technical outlook suggests that the bullish bias remains intact.The…
Crude Oil Price Forecast: Extends Bullish Reversal, Buyers Push Toward Key Resistance
Fibonacci Support and Breakout Signal Yesterday’s decline completed a 61.8% Fibonacci retracement of the recent upswing, helping stabilize…
Crude Oil Price Forecast: Retreats From $65.77 High as Resistance Holds
Key Support and Moving Averages Support on Tuesday appeared near the 10-Day moving average, now at $63.79. This…
Oil and Natural Gas Technical Analysis: Crude Rebounds on Geopolitical Risks, Gas Holds in Tight Range
Monetary policy signals provide additional support for oil. Fed Chair Powell signalled possible rate cuts in September, putting…
Natural Gas Price Forecast: Bear Trend Holds Despite Intraday Recovery
Bearish Structure Still Dominates Despite today’s rebound, natural gas remains entrenched in a broader downtrend. Bearish confidence increased…
WTI gains momentum above $63.50 as hopes for Russia-Ukraine peace deal fade
WTI price gains traction to near $63.40 in Monday’s Asian session. Waning prospects for an immediate Russia-Ukraine peace deal…