WTI Crude Oil Forecast: June 2020
Saying volatility now exists in WTI Crude Oil would be a bit like calling a category 5 hurricane a minor event. Venturing into the trading of WTI Crude Oil is… Read more »
Tag: WTI
Crude Oil Prices May Be Plotting a Return to $40/Barrel WTI
CRUDE OIL & GOLD TALKING POINTS: Crude oil prices rebuild link with broader sentiment trends Technical setup hints a test above $40/bbl might be ahead Gold prices edge down, struggle… Read more »
WTI crude oil futures settle at $33.25
Down -$067 or 1.98% The price of WTI crude oil futures are settling at $33.25 or -$0.67 or -1.98% on the day. The low for the day reached $30.72. The… Read more »
WTI ticks up, trades in 5-week highs
WTI recovery is gaining steam while in 5-week highs. Strong resistance can be awaiting near the 32.00/33.65 price zone. WTI four-hour chart The crude oil recovery is ticking… Read more »
Oil Prices Rebound, With June WTI Futures Expiry Looming
As the expiry date for June WTI futures approaches, oil has had a solid performance in recent days, with the commodity closing out Friday on a two-month high, and with… Read more »
WTI recovery stalled below $28.00 per barrel
WTI bulls lost steam below the 28.00 resistance. The level to beat for sellers is the 24.00 support. WTI four-hour chart The WTI recovery lost steam below… Read more »
WTI crude oil futures now up over 20% on the day
Continued the rally to the upside the price of WTI crude oil futures are now up 20.4% on the day. The contract is up $4.16 at $24.54. The high price… Read more »
WTI Crude Oil Forecast: Approaching Major Resistance Region
The West Texas Intermediate Crude Oil market initially pulled back during the trading session on Monday to kick off the week but found support at the same place it had… Read more »
WTI breaks short-term rising channel, slips further below $19
NYMEX WTI Futures for June fails drops over 5.0% while defying a short-term bullish technical pattern. 61.8% Fibonacci retracement, 200-HMA on the sellers’ radars. Buyers look for fresh entries beyond… Read more »
The most popular commodity index moves all WTI exposure away from June
S&P Global is reported to have told clients to roll all their exposure out of WTI June futures and into July with immediate effect According to a notice by the… Read more »