Oil prices stabilize after establishing a new range
Hurricane season may have a greater influence amid tight market
Head and shoulder neckline remains intact
Oil prices...
Investors becoming wary about the economic outlook
Supply cuts remain supportive
Head and shoulders neckline provides support
Oil prices recovered a little toward the back end...
Brent losing momentum near $90
Gas prices ease after Wednesday’s surge
Divergence a technical red flag
Oil prices have risen more than 20% since late June,...
Stalling around 2023 highs
Divergence a sign of waning momentum
Oil prices have stabilized again today after another choppy, albeit broadly bullish, start to the...
Chinese trade data only a temporary distraction
Recovery not as bullish as it first appears
Divergence a red flag
Oil prices are advancing again today after...
Chinese trade data disappoints again
Saudi and Russian cuts continue to support prices
Divergence a potential red flag
The data from China appears to be weighing...
Traders push back RBA rate hike bets until November
WTI and Brent crude implied volatility falls to lowest since 2020
Turkey unloads significant portion of...
US sanctions Russian oil service companies and First deputy energy minister Sorokin
WTI Crude open interest plunges to lowest levels since January
Gold tumbles after...
Chinese growth underwhelms
Libya resumes production after brief outage
Key technical support levels still below
Oil prices pulled back from last week’s highs today, weighed down...
Output cuts and inflation data continue to boost crude prices
Temporary disruptions could add to the bullishness
Potential resistance around $83-$84
Oil is trading relatively flat...