Browsing: Brent vs WTI

Last week’s rally had pushed futures toward a breakout, but the inability to overcome key resistance levels halted bullish momentum.…

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Brent Technical Analysis Brent looks very much the same. It’s above the 50-day EMA and, in fact, looks maybe a…

Prices have softened after failing to break through the 200-day moving average resistance at $62.21, with the 50-day moving average…

Trade Setup The advance builds on Tuesday’s bull hammer reversal from a $56.41 trend low, followed by yesterday’s breakout from…

For traders, that message couldn’t be clearer: volatility is back – and Oil is the hottest trade right now. Each…

At 09:50 GMT, Light Crude Oil Futures are trading $61.61, up $3.11 or +5.32%. The sanctions, announced Wednesday by the…

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Traders continue to eye short-term opportunities within a broader bearish setup. Any move above $59.21 would signal stronger buying interest,…