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WTI Oil: On track for a potential recovery after 2-month of 12% decline
MarketPulse· 7 days agoWatch the key medium-term support of US$78.40/US$76.60 on WTI crude oil. A break above US$81.70 may trigger a multi-week bullish impulsive upmove in < ...
U.S. Added 3.3M Bbl to Strategic Petroleum Reserve in May, DOE Data Shows -- OPIS
Market Watch· 1 day agoThe reserve held 370.2 million bbl - 143.8 million bbl of sweet crude and 226.4 million bbl of sour crude - as of Friday, DOE said. May purchases were entirely ...
Oil Falls on Concerns Over Supply Surplus
The Wall Street Journal· 2 hours agoOil fell in early Asian trade, extending recent declines, amid concerns about the prospects for a supply surplus on OPEC+’s plans to gradually phase out...
Gold, WTI Crude Oil Trade Sideways: Key Levels to Monitor | Investing.com
Investing.com· 6 days agoRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks...
Oil Futures Fall as Higher U.S. Product Stocks Offset Crude Draw
Barrons.com· 5 days agoOil futures fall as a bullish 4.2 million barrel drawdown in U.S. crude stocks is offset by...
Gold and WTI Crude remain in sideways consolidation patterns
The Forex Market· 6 days agoGold volatility has dropped significant as we are in a sideways consolidation at this stage. After...
Oil Slides to Four-Month Lows as OPEC+ Move Is Seen as Bearish
The Wall Street Journal· 20 hours agoNEWSPLUS 0730 GMT – Oil prices slump to four-month lows, signaling OPEC+’s policy move disappointed...
Oil drops more than $1/bbl as OPEC+ decision spotlights shaky demand
MSN News· 11 hours agoBy Erwin Seba HOUSTON (Reuters) - Oil prices fell more than $1 a barrel on Tuesday on scepticism...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 1 day ago“Several countries are going to phase out and that will get more oil into markets after October.” The WTI is trading below $75 a barrel and Brent is at...
Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to...