WTI

Crude Oil continues to be supported amid a confluence of positive supply and demand drivers although the strong momentum of the past couple of weeks faded a bit ahead of the key $80 level. On the supply side, the tensions in the Red Sea are…

Oil (Brent Crude, WTI) AnalysisChina adds further support to the ailing economyBrent crude oil drops at prior swing low, propped up by the 200 SMAWTI oil oscillates around key, long-term trend filterThe analysis in this article makes use of…

This commodity is still stuck in consolidation, as it hovers close to the ascending triangle top.Can it go for a breakout soon? Here are the inflection points I’m watching on the 4-hour time frame. WTI Crude Oil (USOIL) 4-hour Chart…

The price of WTI crude oil futures are settling at $76.64. That's down -1.23% or -1.58%.The high-priced today reached $78.77. The low price extended to $76.64.Technically, the price fell below its 100 and 200 day moving averages today at…

Heads up, crude oil traders! A reversal might be in the cards for this commodity, and this pullback could provide an opportunity to catch the new trend. Check out these levels I’m watching on the hourly chart.WTI Crude Oil (USOIL)…

WTI, Brent Crude Oil AnalysisSaudi’s signal challenges to the oil market during seasonally lower demandBrent crude oil prices drop at the start of the week – retest of the low in sightWTI tests $70 with $67 on the horizon. Geopolitical…

U.S. crude oil prices are knocking on a key resistance zone!Will WTI crude see another setback today? Or will the commodity see new weekly highs before the week ends? Let’s check out this 4-hour chart: WTI Crude Oil (USOIL) 4-hour…

OIL PRICE FORECAST:Oil Failed at the 200-Day MA as the Technical and Fundamental Factors Weighed on the Price.OPEC+ Announce 2 Million bpd Cuts for Q1 2024 but it Appears Markets Expected More.Will the Bulls Recover or is a Retest of $70 a…

OIL PRICE FORECAST:Oil Continues to Advance as Market Participants Eye Further Cuts by OPEC+.Rumors Suggest That There is Still Disagreements Regarding 2024 Quotas Within OPEC+.WTI Faces Technical Hurdles While Retail Traders are…

Oil is bouncing once again in the longer-term downtrend. Will this attract longer-term sellers once again or is it finally time for the bulls to take charge? WTI Crude Oil (USOil): 4-Hour WTI Crude Oil CFD: 4-Hour Chart by TradingView…