Crude

Crude oil has been on a sharp rise these days, but can it continue its upward trend past this major resistance area? If so, how high can it go? Check out this long term chart pattern on my radar! Crude Oil WTI (USOIL) Daily Chart by…

Basic OverviewCrude oil prices fell sharply in the latter half of last week as some very weak US data came out, first the ISM manufacturing PMI and then the non-farm payrolls report. The market eventually rebounded on Monday and extended…

Commodity currencies are in an interesting position at the moment.The US dollar is falling on several fronts as the market reconsiders the path of the Federal Reserve's money. But they are reconsidering that because of slowing growth and…

Crude oil has been on a sharp rise these days, but can it sustain its gains beyond this longer-term area of ​​interest? Take a look at these turning points I am watching on the 4-hour time frame. Crude Oil WTI (USOIL) Chart by…

SlavkoSereda/iStock via Getty Images U.S. crude oil futures jumped more than 4 percent on Wednesday after the assassination of Hamas political leader Ismail Haniyeh in Tehran just hours after an Israeli strike on a top Hezbollah…

Figures via oilprice.com on Twitter:-The predictions I saw focused on:Main crude oil -1.6 million barrelsDistillates +0.2 million barrelsGasoline -0.4 million---This data point is taken from a special survey conducted by the American…

Did you miss the opportunity to breakout the triangle pattern on WTI crude oil? It is best to watch these Fibonacci retracement levels in case the price retests!Crude Oil WTI (USOIL) 4 hours Chart by TradingView It looks like crude…

Are oil prices about to rise soon?This is a short-term consolidation pattern that I am watching on the hourly chart of WTI Crude Oil. Crude Oil WTI (USOIL) 4 hours Chart by TradingView Negative price pressures have been weighing on…

SlavkoSereda/iStock via Getty Images Crude oil futures rose on Wednesday, snapping a three-session losing streak, after the United States reported a much larger-than-expected draw in crude inventories last week, marking a third straight…

Crude oil fell $1.15, or 1.30%, to $80.76, driven by weak growth in China, the world's largest oil importer, which has raised concerns about demand.Another contributing factor may be the expectation that former President Trump will win the…