Oil

Crude oil has been on a tear lately, taking it to the top of its range visible on the daily time frame. Will it retreat from here? Or can it extend its gains past this resistance zone? Here are the levels I’m watching. WTI Crude Oil…

Crude Oil, WTI, Brent, OPEC+, Fed, China, RBOB Crack Spread, Backwardation – Talking PointsCrude oil is on the front foot going into August after an astounding JulyOPEC+ production cuts might be having their desired effect as growth pick…

Share: WTI is attempting to breakdown but the bulls stay in charge. A break of $79.00 is required for…

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil prices have rallied over 17 percent since bottomingRetail traders now majority short for the first time since AprilThis hints at an…

Share: Open interest in crude oil futures markets increased for the third session in a row on Tuesday, this…

Share: WTI struggles to cheer China inspired risk-on mood amid overbought RSI. Five-week-old rising…

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil prices have rallied over 12 percent this month so farMaintaining gains would mean the best 20 days in 18 monthsOn the daily chart, WTI broke…

What is the price of oil? Let’s try to answer this seemingly simple question. The fact is that crude oil comes from various fields in many countries. In addition, crude oil is traded in several ways. Read in this article why the…

Share: WTI soared on Friday and rose towards the 200-day SMA at $76.82, tallying a fourth consecutive…

CRUDE OIL ANALYSIS & TALKING POINTSUSD looks to Fed for guidance.OPEC+ stands firm on supporting oil prices.Key inflection point being tested as 200-day MA comes into focus. Recommended by Warren Venketas Get…