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Browsing: Brent vs WTI
China Expands Strategic Oil Reserves as Stockpiling Accelerates In a move that may offer medium-term price support, China is expanding…
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“This is the ultimate proof of Gold’s role as money,” says GSC. “While currencies lose value year after year, Gold…
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As OPEC+ Boosts Production Less Than Expected
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At 10:46 GMT, Light Crude Oil Futures are trading $61.91, up $1.03 or +1.69%. OPEC+ said it would raise oil…
Weekly Light Crude Oil Futures Last week’s bearish close below the 52-week moving average at $63.08 and the long-term pivot…
On the upside, resistance is layered at the 200-day moving average at $63.04, the 50-day moving average at $63.46, and…
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Testing Key Fibonacci Support By Thursday, crude oil slid further to test support at the 78.6% Fibonacci retracement near $60.64.…
Brent Technical Analysis Brent now looks like it is testing the $65 level here. If we break down below here,…