Tuesday, October 22, 2024
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Tag: CRUDE OIL

Crude Oil Falls to $70 Following Market Sentiment

FxNews—WTI crude oil prices dropped to approximately $70 per barrel this Tuesday, following a nearly 2% increase the day...

Oil Broke the $69.7 Support- What’s next?

FxNews—WTI crude oil futures dipped below $70 per barrel last Friday, marking the biggest weekly drop in over a...

Crude Oil Consolidates Amid Distillate Inventory Drops

FxNews—On October 11, 2024, US crude oil reserves decreased by approximately 2.19 million barrels. This change was unexpected as...

Oil Prices Dip as Israel Heeds US Advice on Iran Strikes

FxNews—WTI crude oil futures dropped 5% to around $70 per barrel on Tuesday following reports that Israel might not...

Crude Oil Tests $73 Amid U.S. Efforts to Calm Israel

FxNews—WTI crude oil prices dropped significantly, falling over 2.5% to $73.5 per barrel this Monday. This decline was largely...

Oil Uptrend Resumes Amid Hurrican Milton

Last Friday, the price of WTI crude oil hovered around $75.5 per barrel, marking a potential second consecutive week...

US Crude Inventory Spike Drives Oil Prices Down

FxNews—On Wednesday, the price of WTI crude oil futures fell to $73.30 for each barrel. This decrease follows a...

Crude Oil Hits $73 as Middle East Tensions Ease

WTI crude oil futures experienced a significant drop, decreasing over 4% to fall below $74 per barrel this past...

Oil Hit $76.5 Amid Middle East Tensions

Market News—WTI crude oil futures significantly rose, reaching $76.5 per barrel this Monday, marking the highest price in six...

Crude Oil Technical Analysis – Price Exceeded $74.8

FxNews—Crude Oil price broke above the descending trendline in yesterday's trading session, testing the $74.8 resistance as of this...

Crude Oil Technical Analysis – Bulls Face $73.3 Barrier

FxNews—WTI Crude Oil experienced a pullback from $67.5 resistance (September 6 Low) and almost had a $4 increase in...

Crude Oil Technical Analysis – 30-September-2024

FxNews—WTI Crude Oil bounced from $67.7 as expected and discussed in the previous oil technical analysis (Crude Oil Technical...