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Tag: CRUDE OIL

WTI Crude Oil Hits $69 as China Boosts Imports

Crude Oil Technical Analysis J.J. Edwards -
FxNews—WTI crude oil futures recently reached about $69 per barrel, showing growth for a third straight session. China's shift...

Rebel Uprising in Syria Boosts WTI Crude to $67.9

Crude Oil Technical Analysis J.J. Edwards -
WTI Crude Oil prices have recently climbed to around $67.9 per barrel. Tensions rose after rebels ousted Syria’s long-standing...

Crude Oil Dips to $68.5 Ahead of OPEC+ Meeting

Crude Oil Technical Analysis J.J. Edwards -
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

Crude Oil Technical Analysis J.J. Edwards -
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

Crude Oil Technical Analysis J.J. Edwards -
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

Crude Oil Technical Analysis J.J. Edwards -
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

Crude Oil Technical Analysis J.J. Edwards -
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

Crude Oil Technical Analysis J.J. Edwards -
WTI crude oil futures rose to approximately $69.5 per barrel, testing the October 24 low as resistance. This increase...

Oil Prices Stable $69 as Geopolitical Risks Soar

Crude Oil Technical Analysis J.J. Edwards -
FxNews—WTI crude oil futures remained above the $66.8 critical resistance as the RSI divergence signal promised a rise in...

WTI Crude Dips to $68.5 as Norway Field Restarts

Crude Oil Technical Analysis J.J. Edwards -
On Tuesday, WTI crude oil futures decreased to $68.5 per barrel after a 3.2% increase on Monday. The main...

Oil Downtrend Hits $66.8 Amid Global Surpluses

Crude Oil Technical Analysis J.J. Edwards -
FxNews—The WTI crude oil price slightly increased today's trading session, peaking at $68.3. This small rise was mainly due...

Crude Oil Stays Below Key $69.7 as Supply Fears Mount

Crude Oil Technical Analysis J.J. Edwards -
FxNews—WTI crude oil prices remained below the $69.7 resistance, the October 24 low. The recent decline in oil prices...

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