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Crude Oil Technical Analysis

WTI Crude Oil Hits $69 as China Boosts Imports

FxNews—WTI crude oil futures recently reached about $69 per barrel, showing growth for a third straight session. China's shift toward looser monetary policy November's...

Rebel Uprising in Syria Boosts WTI Crude to $67.9

WTI Crude Oil prices have recently climbed to around $67.9 per barrel. Tensions rose after rebels ousted Syria’s long-standing leader, sparking concerns about future...

Crude Oil Dips to $68.5 Ahead of OPEC+ Meeting

FxNews—WTI crude oil prices dipped from the 23.6% Fibonacci resistance level at $70, trading at approximately $68.6 in today's...

WTI Crude Oil Rises to $68.3 Ahead of Key OPEC+ Meeting

WTI crude oil futures increased to $68.3 per barrel on Tuesday. Traders are now focusing on the upcoming OPEC+...

Crude Oil Trades Sideways Below $69.6 Key Resistance

FxNews—Crude Oil prices declined from the 38.2% Fibonacci resistance level, a robust area that has kept the market bearish...

Watch Crude Oil as Bears Eye $68.3 Breakdown

FxNews—Crude Oil is in a bear market, below the 50- and 100-period simple moving averages. The prices have been...

Oil Prices Fall from $71.5 on Potential Lebanon-Israel Deal

FxNews—WTI Crude Oil prices fell from $71.5 to 78.6% Fibonacci resistance on Friday, November 22. This decline was due...

Crude Oil Prices Test $69.5 Amid Escalating Global Tensions

WTI crude oil futures rose to approximately $69.5 per barrel, testing the October 24 low as resistance. This increase...