Browsing: Brent vs WTI

Dollar Strength and China Data Pressure Prices A firming U.S. dollar continued to weigh on commodity markets, limiting appetite for…

Weekly Bullish Foundation Last week delivered a decisive breakout from a small falling channel, forming a powerful weekly bullish engulfing…

Despite a significant 6.86 million barrel draw in U.S. crude inventories reported by the EIA—well above analyst expectations for a…

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Fed Rate Cut Adds Liquidity, But Economic Uncertainty Limits Oil Rally The US Federal Reserve cut interest rates by 25…

“Traders shouldn’t confuse exhaustion with completion,” Hansen cautions. “Markets rarely move in straight lines. When this consolidation ends – and…

API Reports Point to Larger-Than-Expected Inventory Draws Sentiment received a modest lift after Tuesday’s American Petroleum Institute (API) report indicated…

Resistance and Downtrend Pressure Crude sits between 20-day support and the 50-day average at $62.50, still easing lower. A sustained…

At 09:43 GMT, Light Crude Oil Futures are trading $60.18, down $1.13 or -1.84%. Russia Sanctions Create Headline Risk, But…

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