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Browsing: Brent vs WTI
At 13:19 GMT, Light Crude Oil Futures are trading $60.22, up $0.13 or +0.22%. Oil Pauses After Russian Loadings Resume Crude…
Inventory Build Reinforces Oversupply Concerns The most bearish development of the week came from the U.S. Energy Information Administration, which…
The move confirmed $58.12 as a minor bottom and kept prices within reach of the 50-day moving average, currently acting…
For value-oriented traders, this divergence represents rare asymmetry: high upside potential with comparatively limited downside risk. Copper’s role in the…
Daily Light Crude Oil Futures Thursday’s closing price reversal bottom at $58.12 set the stage for Friday’s strong rally. That…
Stateside, the USD ended the session on the ropes. Technically, I see little in the way of support on the…
Thursday’s Narrow Continuation Downward pressure persisted Thursday, yet sellers managed only a modest new low of $58.24 within a tight…
Oil News: Crude Selling Paused at $58.12—Bearish EIA Report Could Trigger Drop to $55.95
The current decline began when a three-day rally stalled at the 50-day moving average resistance at $60.84. Selling intensified after…
In terms of Fed rate-cut expectations, we have seen a moderate hawkish repricing, with 13 bps of easing implied (a…
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