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API Crude Oil Inventory Data Saved Brent

After last week’s failure to break higher in Brent and WTI, which showed a clear bearish signal on the weekly chart, both crudes declined sharply at the beginning of this week. Brent declined all the way to $50 while WTI Crude managed to…
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Crude Oil Failed To Break Out & It’s Going Nowhere

Once again Crude Oil Prices showed further signs of weakness, despite all of the measures that have been taken by the Oil producers, whether OPEC or Non-OPEC members. Every day we are receiving new statements by many of the producers…
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Crude Oil Tight Range Despite OPEC Deal

Since the announcement of the OPEC deal in December, there are no doubts that Crude Oil prices have stabilized, including Brent Crude and WTI Crude. However, since the beginning of the year, the prices have been trading within a tight…
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