Crude Oil WTI

WTI crude oil prices are posting modest gains rising over 1% on Monday. This comes as prices briefly slipped below the lower end of the range near 51.87. Despite the current pace of gains, oil prices remain stuck within the range between…
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WTI crude oil prices continue to maintain a sideways range within the said levels. Prices attempted to make some modest gains, but at the time of writing, oil prices are giving back those gains. The current slide could see the lower end…
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Oil prices remain flat for yet another day. Price action briefly fell to the floor near 51.87 from the sideways range. But prices quickly recovered off this level intraday. For the moment, the sideways range remains intact and oil prices…
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WTI crude oil prices continue to remain trading flat within the larger horizon. Price action gave back the short term gains made. For the moment, oil prices remain firmly entrenched within the 53.70 and 51.87 levels. With prices…
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WTI crude oil prices continue to maintain a mixed bias with prices giving back the intraday gains made. As a result, oil prices are once again trading near the lower end of the sideways range at 51.87. Given that this consolidation…
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The recent bull run in the oil markets is slowing down with the commodity posting a flat close for two consecutive weeks now. On Friday, oil prices were testing the lower end of the sideways range between 53.77 and 51.87. This comes…
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Crude oil prices trade mixed as the developments on the ground unfold. With the new President Biden being quick to rejoin the Paris climate accord, speculators expect further changes on fossil fuel. President Biden was quick to announce…
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WTI crude oil prices continue to hold a bullish front with price once again testing the 13th January and 15th January highs near 53.77. However, the strong pace of gains is showing signs of weakening. Price action has failed to make any…
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WTI crude oil prices are posting a strong recovery with price action attempting to retest the previously formed highs. However, the reversal looks to be a bit fragile at the moment. As a result, if prices fail to break out above the…
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WTI crude oil prices posted a rebound following the declines from last week. Prices got a boost early on Monday following stronger GDP numbers out of China. However, the current retracement remains somewhat subdued. Unless we see a…
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