The Light Sweet Crude oil market has initially gapped lower to kick off the trading session on Monday, only to bounce from the 50 Day…
WTI Crude Oil maintained its lower price last week and finished its trading near the 65.650 ratio, but this price will be challenged early on…
WTI Crude Oil remains under pressure near mid-$65s amid thin holiday trading and a lack of fresh catalysts. Traders remain cautious ahead of the July…
The crude oil market has pulled back just a bit during the trading session on Thursday, showing signs of exhaustion after the huge push higher…
WTI Crude trades in a tight range near $64.50, consolidating after a sharp drop triggered by the Iran–Israel ceasefire. Geopolitical risk premiums unwind, with traders…
The month of June was very volatile for the crude oil markets worldwide, as Israel and Iran going to war obviously causes quite a bit…
WTI Crude Oil reports the largest weekly loss since March 2023. OPEC prepares to increase supply by an additional 411,000 barrels per day in July,…
WTI Crude Oil will start tomorrow’s trading below the 65.000 USD level unless there is a violent spike upwards upon the opening as the week…
Ironically, the floor price in crude Oil has likely declined as a result of the war. As long as the battle lines remain as currently…
US crude oil inventories recorded a surprisingly sharp decline of 11.5 million barrels last week, Commerzbank’s commodity analyst Carsten Fritsch notes. WTI price is catching…