Crude Oil Technical Analysis

WTI Crude Tests $70.5 Amid Supply Worries

WTI crude oil prices hovered around $70.5 per barrel, testing this area as resistance. Concerns that an excess supply next year might hinder OPEC...

Crude Oil Remained Below $70 Amid a Drop in Stockpiles

Crude Oil remained below $70.0, stabilizing at approximately $69.8 a barrel this Friday. Notably, the prices have found some support following China's announcement of...

Crude Oil Recovered to $69.3: Boosted by Holidays

Crude Oil Recovered to $69.3 and gained 1.0% in today's trading session. This rise occurred during a period of...

Crude Oil Slips Below $70 After Fed Decision

WTI crude oil dropped below $70.4, losing the gains it had made the day before. This happened because the...

Crude Oil Head and Shoulders Signals Downward Trend

Crude oil formed a head and shoulders pattern in the 4-hour chart, hinting at further drop. Immediate support is...

WTI Falls Below $71.5 on New Sanctions Against Russia

WTI Crude Oil prices fell slightly below $71.5 a barrel on Monday. This drop came after prices rose by...

Bullish Crude Oil Signals Overbought at $70.5

FxNews—Crude Oil trades bullish, above the 75-period simple moving average. The uptrend resumed after the prices exceeded the 61.8%...

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...