Crude Oil Breaking Above $53 Resistance – is it Going After $54.20?
OPEC’s biggest producer Saudi Arabia would require oil prices at $80-$85 per barrel to balance its 2019 budget. Brace for buy signal. Full Article
Crude Oil Gains Support as Iran Squeezed Out, Trade War Lingers
China, the world second biggest economy, has more to lose if they fail to keep tariffs on hold. How this can impact oil? Find out... Full Article
WTI Crude Oil Violates Support – Global Economic Worries Dominate
crude oil managed to violate a sideways trading range of $54.90 – $53.50 to place a fresh low near $53.10. Full Article
The EIA Reports Another Build In Oil Inventories
At press time, January WTI crude is compressed in a tight daily range just beneath the 38% retracement of Tuesday’s sell-off. Full Article
WTI Crude Oil Breaks Below Triple Bottom – EIA Report Up Next
The U.S. crude inventories increased by 7.83 million barrels in the week ending on Nov 2. This signifies a decrease in the demand for crude Full Article
WTI Crude Oil Above $75.00 Ahead Of Inventories
$75.00 is the hot number in WTI crude, with buyers and sellers digging their heels in anticipating a directional move. Full Article
Crude Oil Traders Await EIA Report – How to Trade Today?
Oil prices surged to $69.90 following a report of slumps in U.S. crude inventories. Moreover, the looming sanctions against Iran boosted.. Full Article
Sell-off in Crude Oil – Quick Fundamental Review
Crude oil is trading bearish near $68.45 after industry data showed U.S. stockpiles of crude unexpectedly expanded. On the other side... Full Article
Crude Oil Gets a Surprise Build: Struggling at $70
Crude Oil has been struggling to break through overhead resistance, and late on Tuesday it got another push to the downside thanks to a surp Full Article
A Surprise Build in Crude Oil: More Downside Ahead?
Crude Oil was the big story on Monday after a big fall of more than 4%. The downside got a little bit heavier on Tuesday after we saw a surp Full Article
Crude Oil Slips Below $70 – API Report Awaited
It's been quite a volatile session for WTI crude oil yesterday as the prices fell like 4% as Libyan ports reopened and traders eyed.. Full Article
Crude Oil Testing $73 – Is It Good Time to Short?
In this update, we are going to see what exactly caused a heavy buying in crude oil and what should we expect from the oil today and... Full Article
WTI Crude Oil On Roller Coaster Ride – Top 3 Reasons
Crude oil prices gained a bullish momentum to trade above $70/ barrels, despite OPEC's decision to increase output by 1 million barrels.... Full Article
Crude Oil Trades below 23.2% Retracement while Investors await EIA Report
Today, we the investor's focus is likely to stay on EIA report as it may offer something to trade during the New York session. Here's the... Full Article
