WTI

Crude Oil, WTI, Brent, Saudi Arabia Russia, OPEC+, EIA, API, OVX – Talking PointsCrude oil leapt over hurdles overnight as production cuts are pushed further outInventory data show US demand to be strong and solid ISM number supports a…

Crude Oil, WTI, Bent, US Dollar, NFP, FOMC, HSI, RBA, BoC, ASEAN, G-20 - Talking PointsCrude oil’s leap to new highs appears intact for now withA combination of production cuts and an inventory rundown boosted oilAfter today’s US holiday,…

Share: WTI rose near the $82.90 zone, setting a three-day winning streak. Supply crunch fears amid the…

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil prices extend gains from last weekMore retail traders are becoming bearishWill positioning hint at WTI clearing resistance? Recommended…

OIL PRICE FORECAST:Most Read: What is OPEC and What is Their Role in Global Markets?Oil prices continued their advance this morning helped by geopolitical fears and depleting inventories. A slightly stronger dollar this morning also failed…

Missed the neckline breakdown on crude oil? If you’re still bearish on the commodity, this pullback might be an opportunity to short! Check out this trend reversal setup on the 4-hour time frame!WTI Crude Oil (USOIL) 4-hour Chart by…

Crude Oil, WTI, Brent, Fed, Powell, Jackson Hole, US PMI, EIA – Talking PointsThe crude oil price is treading water as markets await Fed viewsWeak US PMI data appeared to overwhelm EIA inventory figuresMarkets are poised for clues from the…

OIL PRICE FORECAST:Oil Mixed Today Following an Improved European and US session as Sentiment briefly improved.US Rig Count for Week Ended August 18 Drops to 520 from a Previous 525.Technicals Flashing Mixed Signals with Overall…

Crude Oil, WTI, Brent, Federal Reserve, DXY Index, China, PBOC, EIA, API – Talking PointsCrude oil faces some challenges with China’s outlook in focusHigher Treasury yields and the China situation might be relatedThe PBOC is poised to ease…

Share: WTI increased more than 1% on Friday and found resistance near $81.30, above the 20-day SMA. US Oil…