Crude

Crude oil trade between 100/200 hour moving averagesThe price of WTI crude futures are settling at $89.63. That's down $0.03 or -0.03%.Technically looking at the hourly chart above, the price settlement is just above its 200-hour moving…

SlavkoSereda/iStock via Getty Images Oil futures posted fresh new highs for the year, wrapping up a third straight weekly gain on continued concerns over tight supplies and prompting renewed predictions for $100/bbl oil. Gasoline prices…

Major US indices turned in weaker overnight, with the Nasdaq reversing its previous day’s gains, as big tech stocks faltered despite Treasury yields little changed. Apple’s new product launch failed to impress, prompting a 1.7% overnight…

USD/CAD ANLAYSIS & TALKING POINTSQuiet trading anticipated today.US CPI under the spotlight tomorrow.USD/CAD negative divergence progresses. Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market…

Crude Oil, WTI, Bent, US Dollar, NFP, FOMC, HSI, RBA, BoC, ASEAN, G-20 - Talking PointsCrude oil’s leap to new highs appears intact for now withA combination of production cuts and an inventory rundown boosted oilAfter today’s US holiday, a…

Recommended by Daniel Dubrovsky How to Trade Gold The US Dollar broadly underperformed against its major counterparts this past week, with gold prices seeing a strong rally. A root cause of this was somewhat…

Crude Oil, WTI, Brent, Russia, OPEC+, China, India, EIA, API, OVX, NFP – Talking PointsCrude oil jumped over hurdles overnight on possible Russian output cutsStockpiles in the US continue to paint a picture of solid demand thereThe oil…

Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast Wall Street headed higher for the fourth straight day, but this time with more measured gains as some reservations kicked in ahead of…

Missed the neckline breakdown on crude oil? If you’re still bearish on the commodity, this pullback might be an opportunity to short! Check out this trend reversal setup on the 4-hour time frame!WTI Crude Oil (USOIL) 4-hour Chart by…

Brent crude hourlyOil has taken a quick trip lower after brent fell through $84 in the past hour. That leaves oil down 31-cents on the day after rising as high as $84.74 earlier.The selling comes despite the latest US oil rig count falling…