Browsing: Brent vs WTI

At the same time, OPEC+ fell 500,000 barrels per day short of its pledged production increases between April and August.…

Ukraine Drone Strikes Are Tightening Russian Supply The biggest catalyst this week? Ukraine’s drone attacks on Russia’s refining infrastructure. These…

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Support remains firm at the long-term pivot of $64.21, with additional backing from the 50-day moving average at $63.72 and…

Macro Space: PCE Data Eyed Thursday’s data showed that US economic activity grew by an annualised rate of 3.8% in…

Key Levels Confirm Strength Momentum improved as crude moved above the interim swing high of $64.90, triggering a bullish reversal…

Brent Technical Analysis Brent markets are hanging around the $69 level, which, of course, is an area that’s been significant…

Daily Light Crude Oil Futures This week’s rally was ignited by back-to-back recoveries of the 200-day moving average at $63.05…

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Fed Has Room for Three More Cuts Adding fuel to the fire, the OECD’s latest outlook suggests the Federal Reserve…