Browsing: Brent vs WTI

Daily Light Crude Oil Futures Traders are closely watching the 200-day moving average at $63.31, which remains a significant resistance…

Gold chart. Source: FX Empire Spot Gold continued to tear higher on Monday, rising 1.4% to clock fresh record highs…

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“Structural deficits are colliding with an unprecedented demand boom,” explains GSC Commodity Intelligence. “This is the kind of perfect storm…

OPEC+ Output Hike Falls Short of Expectations Oil prices regained more than $1 on Monday, recovering part of last week’s…

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Distribution of commercial longs- all time. Source: Duggan Capital. In summary: Specs still short at high but not maxed out…

The crude oil market has strong support at $60. A break below this level would confirm massive oversupply concerns and…

U.S. Inventories Surprise to the Upside Bearish pressure intensified after the EIA reported a 2.4 million barrel build in crude…