Browsing: Brent vs WTI

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Chinese teapot refineries provide the wildcard. These independent processors lack strategic reserves and sophisticated hedging. They’ll pay any price to…

An escalation in Israel-Iran tensions could trigger a wider regional conflict, potentially sending crude oil prices above $80. A lasting…

Short covering intensified the move. Hedge funds had built record short positions betting on continued weakness from Chinese demand concerns.…

Initial Target Reached An initial key upside target zone from $68.79 to $68.98 has been defined on the chart for…

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Wednesday’s breakout above the 200-day moving average at $66.43 marked a bullish shift, turning that level into key support. However,…

However, uncertainty surrounding US-China trade relations continues to weigh on the outlook. President Trump declared that the trade deal with…

Short-term Weakness Follows Upside Reversal Although today’s price action may be short-term bearish, bull signals generated over the past few…

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