The price of WTI Crude Oil future values did produce a rather attractive range the past week. Trading began on Tuesday following the long Memorial…
Crude markets only have a very narrow path towards higher prices. In the imminent term, CTA selling activity will weigh on price action into the OPEC…
On Wednesday we have seen Light Sweet Crude oil markets rally, as we continue to see a lot of noisy behavior in this market. The…
WTI Crude Oil did achieve a brief high within sight of the 64.000 USD price on Tuesday after a brief spike higher. However, after starting…
The light sweet crude oil market has rallied a bit during trading here on Friday as we continue to just simply go back and forth.…
WTI snaps a two-day losing streak, key resistance sits at $65. Price reclaims 21-day EMA, technical momentum improves as RSI turns neutral. Iran nuclear deal…
The Light Sweet Crude market sold off fairly nastily during the trading session on Thursday, as we have seen a lot of resistance near the…
Indian Rupee rebounds in Friday’s Asian session. Lower crude oil prices underpin the INR, but persistent interbank USD demand and foreign fund outflows might cap…
WTI trades lower near $61.20 on Thursday, pressured by rising US stockpiles and renewed hopes for an Iran deal. Price finds interim support at $60.00…
USD/CAD trims its intraday losses as the Canadian Dollar weakens amid falling crude Oil prices. WTI continued its downward trend, sliding nearly 3% on Thursday…