Brent Crude – Oil Eyes Break of Key Confluence Level on Chinese Optimism
Oil prices rose due to declining US stockpiles and renewed Chinese optimism after President Xi Jinping pledged to promote growth. Mixed results from Chinese manufacturing...
Tag : Oil
WTI Crude Oil Monthly Forecast: January 2025 (Chart)
Created on January 01, 2025 The WTI Crude Oil market has been very sideways for a while, and I think it’s very likely that the...
WTI Crude Oil Forecast Today -30/12: WTI Oil Rallies (Chart)
Created on December 30, 2024 During my daily analysis of the commodity markets, the West Texas Intermediate Crude Oil market has taken front and center...
Crude Oil Weekly Forecast -29/12: Holiday Trading (Chart)
Created on December 29, 2024 This past Friday WTI Crude Oil finished the week within eyesight of the 70.000 USD mark, but the closing price...
WTI crude oil settles nearly $1 higher as weekly inventory data shows tightness
WTI crude oil settled 98-cents higher today to $70.43. Oil traded up to $88 early last year but has been treading water near $70 for...
Crude Oil Forecast Today 27/12: Consolidates (Chart)
Created on December 27, 2024 In my daily analysis of the commodity markets, the West Texas Intermediate Crude Oil market has caught my attention. The...
WTI Crude Oil Forecast Today -26/12: WTI Oil Rallies (Chart)
Created on December 26, 2024 During my daily analysis of the commodity markets, the West Texas Intermediate Crude Oil market has shown some strength, and...
No Santa Claus rally for the oil bulls
WTI crude oil settled lower by 48-cents after trading higher earlier in the day. There are some positive signs that China will stimulate demand in...
Chart Art: WTI Crude Oil (USOIL): Range Resistance Ahead?
Are crude oil bears ready to take the reins once again as we approach year-end? Check out these key technical levels we’re watching on the...
WTI Crude Oil Forecast Today -24/12: WTI Crude Falls (Chart)
Created on December 24, 2024 During my daily analysis of the commodity markets, the West Texas Intermediate Crude Oil market, or the “US Oil” market...