WTI retreats despite EIA inventory miss. OPEC+ supply increases outweigh short-term US stockpile reduction, pushing WTI toward moving average support. Momentum indicators suggest that short-term…
WTI Crude trades near $65.50 as traders await key US Oil inventory data at 20:30 GMT. OPEC+ report signals rising supply through Q3, reinforcing pressure…
WTI price gains ground amid rising supply concerns following the Houthis’ attack in the Red Sea. The implementation delay of the US tariffs on major…
WTI Crude Oil outlook turns bearish, trading below $65.00 Prax refinery insolvency sparks a brief WTI boost due to regional fuel supply concerns. US Crude…
Analyzing Risk of Disruptions to Strategic Chokepoints in the Middle East suggested crude oil pricing screened rich to historical analogs in the overnight session, TDS’…
WTI price jumps to near $74.80 in Monday’s Asian session. Concerns that energy supplies from the Middle East could be disrupted boost the WTI price. …
Gold holds firm as traders balance safe-haven flows and Fed interest rate outlook. US-Iran tensions, Fed’s data-dependent stance, and Oil supply risks in the spotlight.…
WTI retreats from five-month high of $74.40, which was marked on Friday. Israel warned of a missile and drone attack from Iran following Israel’s attack…
WTI price declines to around $62.00 in Thursday’s early Asian session. Fears of a global oil oversupply undermine the WTI price. Oil inventories fell by…
WTI price climbs to around $62.80 in Wednesday’s early Asian session. Rising geopolitical risks and supply fears support the WTI price. OPEC+ decided to raise…