Crude Oil WTI

Greenback Continues to Surprise The dollar index closed 0.45% yesterday as is headed for its best weekly gain in three months. Democrats in the US Senate expect a marathon voting process, with Republicans set to oppose Biden's $1.9tn…
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WTI Crude oil prices are trading weaker following the previous strong bullish sessions. Price action is reversing gains after testing the 56.00 level. The declines could, however, see near term gains once again. For the moment, the…
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Crude oil prices are posting solid gains for the third consecutive session. The gains come on the back of declining crude oil inventories. It's further due to news that the Democrats took first steps toward advancing President Biden's…
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Investors Await PMI and ADP The US index found resistance at propelling through the 91 barrier yesterday. However, it did manage to close slightly higher as the session wound to a close. The rising risks in the market associated with…
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Crude oil price finally broke out from the range it has been in for nearly three weeks. The strong upside breakout pushed the commodity toward a new one-year high. A pullback is likely to occur in the near term toward the upper range…
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WTI crude oil prices are posting modest gains rising over 1% on Monday. This comes as prices briefly slipped below the lower end of the range near 51.87. Despite the current pace of gains, oil prices remain stuck within the range between…
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WTI crude oil prices continue to maintain a sideways range within the said levels. Prices attempted to make some modest gains, but at the time of writing, oil prices are giving back those gains. The current slide could see the lower end…
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Oil prices remain flat for yet another day. Price action briefly fell to the floor near 51.87 from the sideways range. But prices quickly recovered off this level intraday. For the moment, the sideways range remains intact and oil prices…
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WTI crude oil prices continue to remain trading flat within the larger horizon. Price action gave back the short term gains made. For the moment, oil prices remain firmly entrenched within the 53.70 and 51.87 levels. With prices…
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WTI crude oil prices continue to maintain a mixed bias with prices giving back the intraday gains made. As a result, oil prices are once again trading near the lower end of the sideways range at 51.87. Given that this consolidation…
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