After a significant drop, oil prices have started to recover, bouncing back from a near four-month low. This recovery comes amidst ongoing concerns about a potential decrease in global oil...
Crude Oil Technical Analysis
Market News—Oil prices bounced back from a one-month low in Asian trade on Thursday. This recovery was largely due to the weakening of the U.S. dollar, which resulted from mixed...
Crude Oil is trading within a bearish channel. The Relative Strength Index (RSI), a key technical indicator, is attempting to ascend above the critical level of 50. This movement in...
In today’s comprehensive WTI analysis, we will scrutinize essential events that could affect oil prices. Then, we will meticulously delve into the details of the World Bank’s USOIL forecast. A...
In today’s comprehensive oil technical analysis, we will first scrutinize the current news on WTI crude oil and meticulously delve into the details of the WTI Crude oil forecast. Crude Oil...