Browsing: Brent vs WTI

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OPEC+ Supply Outlook and Iran Deal Keep Bulls in Check While prices are on track for a modest weekly gain—about…

Quick Recovery of 20-Day Moving Average The decline on Thursday completed a 38.2% Fibonacci retracement at $60.88 and it was…

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Daily Light Crude Oil Futures Tuesday’s rally stalled at $63.90, precisely where resistance from the pivot at $63.06 and the…

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API Report Fuels Bearish Sentiment Ahead of EIA Data Traders reacted to American Petroleum Institute (API) data showing a surprise…

Bulls in Charge Tuesday’s advance becomes more interesting when noticing the relatively bearish potential shooting star candle pattern from yesterday.…

OPEC output is projected to rise by 411,000 barrels per day in May, with further increases expected into June. Saudi…

The deal will cut U.S duties on Chinese goods to 30% from the current 145%. Beijing said it would cut…