Potential Signal: I am a buyer of this market above $65, with a stop loss at the $63.75 level. I am aiming for $67.50. The…
Speculators last week in WTI Crude Oil got rather solid price range from Monday until mid-Friday. A price realm between 61.600 and 63.300 dominated most…
During trading on Thursday, we saw the Light Sweet Crude / West Texas Intermediate Crude Oil market rally a bit, as we continue to see…
WTI trades around $62.80 on Thursday, up 1.20% but below the session high of $63.30. Price action breaks out of bullish flag pattern, confirming short-term…
The West Texas intermediate market has seen crude oil initially gap higher, only to pull back and turned around to show signs of bullish pressure.…
WTI Crude Oil trades near $63.06, up nearly 2% intraday on Tuesday. Canadian wildfires disrupt 350,000 barrels per day of oil output, fueling supply concerns.…
The crude oil market has rallied rather significantly in the early hours on Monday as the reports of the Ukrainian drone strike in Russia had…
Crude prices are rallying even as OPEC+ continues to bring crude Oil back to markets, TDS’ Senior Commodity Strategist Daniel Ghali notes. Gulf exports likely…
The Light Sweet Crude market has initially tried to rally during the course of May, but we have seen a lot of selling pressure, as…
Crude Oil appreciates despite news of supply hikes and trades at $62.50. OPEC+ countries have agreed to hike output by 411,000 barrels per day.…