Crude Oil
-
Commodities – Oil, Natgas, Gold And Cocoa
Oil The current price of Brent crude hovers around $65 per barrel, with WTI near $62. In recent weeks, the…
Read More » -
WTI hovers around $62.00, downside appears due to Russia-Ukraine peace talks
WTI price weakens amid oversupply fears following potential Russia-Ukraine ceasefire talks. President Trump stated that Ukraine and Russia are preparing…
Read More » -
Crude Oil Prices Gain on Dollar Weakens and Doubts Over an Iran Nuclear Deal
June WTI crude oil (CLM25) Monday closed up +0.20 (+0.32%) and June RBOB gasoline (RBM25) closed down -0.0030 (-0.14%). Crude…
Read More » -
WTI slumps to near $61 as Moody’s US downgrade sparks US bond yields
The Oil price faces a sharp selling pressure as US bond yields have risen sharply after Moody’s downgraded US Sovereign…
Read More » -
WTI sticks to modest intraday losses around $61.70, moves little after mixed Chinese data
WTI kicks off the new week on a softer note, though the downtick lacks bearish conviction. The uncertainty over Iran-US…
Read More » -
WTI crude oil rebounds above $61 as bulls defend $55 base, upside capped by Iran, OPEC+ supply risk
WTI snaps a two-day losing streak, key resistance sits at $65. Price reclaims 21-day EMA, technical momentum improves as RSI…
Read More » -
Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal
June WTI crude oil (CLM25) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25) closed up +0.0074 (+0.25%). Crude…
Read More » -
WTI declines below $61.50 amid hopes of US-Iran nuclear deal
WTI price tumbles to around $61.20 in Friday’s early Asian session. Trump said the US was getting close to securing…
Read More » -
Crude Prices Finish Sharply Lower on Fears of a Global Oil Glut
June WTI crude oil (CLM25) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25) closed down -0.0356 (-1.64%). Crude…
Read More » -
Chart of The Day – OIL
Oil drops 3% in response to progress in nuclear negotiations between Iran and the U.S. After months of talks, both…
Read More »