Crude Oil
-
Easing US-China Trade Tensions Boost Crude Prices
June WTI crude oil (CLM25) Monday closed up +0.93 (+1.52%), and June RBOB gasoline (RBM25) closed up +0.0247 (+1.17%). Crude…
Read More » -
WTI moves below $61.50, downside seems limited due to easing of US-China trade tensions
WTI price may recover amid renewed optimism driven by progress in US-China trade talks. The two nations have reached a…
Read More » -
Oil gains on easing trade tensions – ING
NYMEX WTI is trading above $63/bbl, while ICE Brent was seen approaching $66/bbl on US-China trade talk optimism. Meanwhile, the…
Read More » -
WTI sits near two-week high, just below $61.00 as traders await US-China trade deal details
WTI enters a bullish consolidation phase near a two-week high amid mixed fundamental cues. The US-China trade deal optimism helps…
Read More » -
Three Markets to Watch Next Week
Following the first high-stake trade negotiations between China and the US, market attention will once again focus predominantly on developments…
Read More » -
Crude Rallies on US-China Trade Talk Optimism
June WTI crude oil (CLM25) Friday closed up +1.11 (+1.85%), and June RBOB gasoline (RBM25) closed up +0.0230 (+1.10%). Crude…
Read More » -
EIA lowers forecast for US oil production – Commerzbank
The US Energy Information Administration (EIA) has revised its forecast for US crude oil production downwards, Commerzbank’s commodity analyst Carsten…
Read More » -
Oil Extends It’s Rebound by 1.5% on The Back of U.S. China Talks
WTI crude oil futures (OIL.WTI) are heading for a positive weekly close, rising 1.5% on Friday, as investors hope for favorable outcomes…
Read More » -
Crude Settles Sharply Higher as the US-UK Trade Deal Boosts Economic Optimism
June WTI crude oil (CLM25) Thursday closed up +1.84 (+3.17%), and June RBOB gasoline (RBM25) closed up +0.0575 (+2.84%). Crude…
Read More » -
Elliott Wave Reaffirmed Our Direction in Crude Oil
Crude oil is bearish, and it’s coming nicely lower as expected by Elliott wave theory, even on the intraday basis…
Read More »
