Crude Oil WTI

Oil prices are down over 8% intraday on Thursday. The commodity briefly made an attempt to push higher but it only resulted in a lower high forming. This eventually saw oil prices breaking past the initial support at 37.67. The close…
Read More

WTI crude oil is attempting to pare losses from the earlier sessions this week. Following the decline to the 37.67 level, oil prices are rising steadily. However, we have a range established between 40.00 and 37.67. Only a breakout…
Read More

Crude oil prices extended declines but the price level near 37.67 is holding up the commodity for now. A rebound off this level should be followed by a move higher. Therefore, watch for oil prices to test the 40.00 level and probably…
Read More

WTI Crude oil prices made a strong gain in the early Asian trading session on Monday. Prices, as a result, hit the key level of 40.00. However, the commodity gave back the gains just as quickly and is down over 2% intraday. The…
Read More

WTI Crude oil maintains a strong bullish momentum. Prices are now within reach of the key $40.00 price level. By Friday’s close, crude oil rose to a three-month high of $39.76. In the near term, the gains will likely see the 40.00 level…
Read More

WTI Crude oil prices are trading in the green after prices nearly closed flat on Wednesday. However, the current recovery is still below Wednesday’s highs. A breakout above 38.15 will potentially validate further gains in the commodity.…
Read More

Crude oil prices are down by over 1.5% on Wednesday. The declines come right after prices soared to intraday highs of 37.25 a barrel. Price action is pulling back currently amid Saudi Arabia and Russia warning OPEC members not to cheat…
Read More

WTI Crude oil prices rose more than 2% intraday on Tuesday. The gains came on the back of developing fundamentals that are bullish for the commodity. With prices now rising higher, we expect the gains to continue. The next main…
Read More

Oil prices rose to a two-month high on Monday, briefly rising above 35.50. But prices quickly gave up the gains. The retracement will likely see support forming near the 33.66 level. A reversal off this level will support the upside…
Read More

WTI Crude oil prices are finding it difficult to break past the 33.66 level. After briefly trading above this level, oil prices are back below this handle once again. But as a result, a soft double bottom pattern is forming near…
Read More