Browsing: Brent vs WTI

Despite the strong consolidation, the long-term outlook for gold remains strongly bullish. Central bank buying and ongoing geopolitical risks continue…

Bull Hammer Breakout Triggers On Thursday, crude oil triggered a breakout of the hammer and rallied to test resistance around…

Daily Light Crude Oil Futures The 200-day MA at $65.35 is the only support level that’s been tested and respected…

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On the other hand, China’s economic data also supported oil prices. Crude throughput in June jumped 8.5% year-over-year, pointing to…

At 10:32 GMT, Light Crude Oil futures are trading $66.20, down $0.32 or -0.48%. The first resistance sits at the…

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20-Day Line Turned Down Notice that the top of the flag shows resistance around the 200-Day MA (blue) and the…

Traders had been bracing for potential supply disruptions as former U.S. President Donald Trump signaled sanctions against Russia. However, his…

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