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Crude Oil Retreats From 60.92

WTI crude oil prices are giving back the gains after prices touched a new 13-month high earlier this week. The declines come after prices fell to fill the gap from last Friday at 59.55. With most of the intraday declines already pulling…

Will Oil Start to Slide?

After dipping down to record levels in 2020, oil is now seen as the commodity to trade. The recent bullish rally has seen prices reclaim their pre-pandemic highs. Now traders are asking, just how much further can the black gold…

Are WTI Prices Normal?

For most of the latter half of last year, crude prices remained largely stable, with WTI hovering just a little over $40/bbl. This could have gotten some traders used to a relatively flat price range for crude. But if one thing is true…