WTI price weakens amid oversupply fears following potential Russia-Ukraine ceasefire talks. President Trump stated that Ukraine and Russia are preparing to begin immediate ceasefire negotiations,…
WTI price gains ground to around $62.10 in Tuesday’s early Asian session. Iran said nuclear talks could break down if the US insists on no…
The Oil price faces a sharp selling pressure as US bond yields have risen sharply after Moody’s downgraded US Sovereign rating. 10-year US Treasury yields…
WTI kicks off the new week on a softer note, though the downtick lacks bearish conviction. The uncertainty over Iran-US nuclear talks and geopolitical risks…
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…
WTI set for weekly gains due to renewed optimism over US-China trade deal, but upside capped by supply concerns. The initial US-China trade agreement helped…
WTI price tumbles to around $61.20 in Friday’s early Asian session. Trump said the US was getting close to securing a nuclear deal with Iran.…
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…
WTI price dropped by about 3% on Thursday due to escalating fears of a global supply surplus. Trump commented, “I think we are getting very…
WTI price drifts lower to around $61.55 in Thursday’s early Asian session. Oil inventories rose by 3.454 million barrels in the week ended May 9,…