Browsing: Brent vs WTI

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The rally, up more than 45% year-to-date, has been fuelled by a weaker dollar, expectations of further Federal Reserve rate…

Daily Light Crude Oil Futures Despite Monday’s retreat, the uptrend remains intact with a higher-high, higher-low formation. Traders are eyeing…

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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…