WTI crude breaks the July high then closes below it for the second day
Oil tries and fails on a break again WTI Crude oil finished the day down 24-cents to $41.95. It rose as high as $42.87 to break the July high of… Read more »
Tag: Crude
Dow Jones, Crude Oil May Rise as USD/CAD Falls on Positioning Signals
Dow Jones, Crude Oil, USD/CAD, Trader Positioning – Talking Points IG Client Sentiment hints Dow Jones may continue higher Crude oil price outlook bullish as short bets accumulate USD/CAD downtrend… Read more »
WTI crude oil futures are settling at $41.70
Up $0.69 or 1.68% The price of WTI crude oil futures are settling at $41.70. That’s just below the 50% retracement of the 2020 trading range for the September contract… Read more »
Crude Trading using Plannetay Aspect
As Discussed in last Analysis Coming week as Venus Sqaure Neptune suggesting good move should be seen in Crude,3081 will play a crucial price point. Venus Sqaure Neptune showed its… Read more »
Crude Oil Price Outlook Eyes OPEC Output Restart, US and China Demand
Crude Oil Fundamental Outlook: Neutral Crude oil prices may be exposed to competing fundamental forces US and China Oil demand recovering, OPEC to raise output next All eyes turn to… Read more »
Hang Seng Index Rebounds, Silver Consolidates. Crude Oil May Fall
HANG SENG INDEX, SILVER, CRUDE OIL OUTLOOK: Hang Seng Index edged higher to 24,800 in mid-day trading, 25,000 remains key resistance Silver prices entered consolidation after seeing a 15% intra-day… Read more »
Crude oil API inventories produce a draw of 6.829mln
Weekly API inventories produced a draw of 6.829mln in Crude. There was a Cushing build of 1.144mln, Gasoline build of 1.083mln and Distillate also increased by 0.187mln. WTI 30 min chart WTI has barely moved… Read more »
Crude Oil Futures: Extra rangebound likely
CME Group’s advanced figures for Crude Oil futures markets noted open interest went up for the second session in a row on Monday, this time by around 12.7K contracts. Volume… Read more »
Crude Oil Price May Reverse Lower- Brent Oil Forecast
Crude Oil Technical Outlook The market adjusted between fears and hopes Brent oil price chart exposes a reversal signal Brent Price- Bulls Pullback Last week, the Brent oil hit a… Read more »
Crude Oil Gann Price Time Analysis
As Discussed in last Analysis No Major move seen in last week and crude traded in small range but still unable to close above 3081.22 July very Important for crude. Coming… Read more »