Tag Archives: Oil

Oil prices climbed by nearly a dollar per barrel on Monday, on concerns that Middle Eastern tensions and Russia’s escalating invasion of Ukraine could limit world supplies.Brent crude prices closed at $78.22 per barrel, up 66 cents (0.9%), while US West Texas Intermediate crude futures settled at $72.78 per barrel, …

The past week proved to be a rollercoaster for global financial markets, dominated by pivotal events that shaped the economic landscape. From the Evergrande saga to pivotal interest rate decisions and robust US job data, here’s a comprehensive breakdown of the week that was. American Interest – The Fed’s Pause …

US crude oil futures witnessed mixed trading during the previous session, experiencing fluctuations between upward and downward movements. The price ranged from its lowest point at $73.74 to the highest near $79.00 per barrel. A detailed analysis of the 4-hour chart reveals the simple moving averages exerting downward pressure on …

Yesterday, positive movements dominated US crude oil futures contracts, aligning with the anticipated bullish context and reaching a peak at $78.11 per barrel. From a technical perspective, the upward momentum faced resistance at the psychological barrier of $78.00, leading to a temporary downward bias. A closer examination reveals that the …

US crude oil futures exhibited significant gains in the previous session, in line with expectations, reaching the officially targeted station outlined in the preceding technical report at $77.30 and marking a peak at $77.46 per barrel. A technical analysis on the 4-hour timeframe chart reveals the continued influence of simple …

Despite opposition from the central bank, Russia is pondering an indefinite extension of the wartime capital regulations that were implemented to relieve pressure on the ruble. The step, according to the administration, is necessary to support the currency and assist curb inflation. President Vladimir Putin issued an order in October …

US crude oil futures exhibited significant gains in the previous session, in line with expectations, reaching the officially targeted station outlined in the preceding technical report at $77.30 and marking a peak at $77.46 per barrel. A technical analysis on the 4-hour timeframe chart reveals the continued influence of simple …

US crude oil futures prices have surged as anticipated, reaching the designated target in the previous trading session at $75.20 and coming within a few points of the subsequent target at $76.00. The recorded peak stands at $75.80 per barrel. From a technical perspective, oil prices are holding steady above …

Mixed trading characterized the movements of US crude oil futures in the previous session, maintaining a positive stance despite a slightly bearish tone. From a technical standpoint, oil prices stabilized above the support level mentioned in the previous report at 73.80, and, in general, they remained above the psychological barrier …

In the latest market developments, US crude oil futures prices experienced a significant surge, achieving noticeable gains and reaching the official target set in the previous technical report at a price of $75.40. The highest level recorded was $75.42 per barrel. Technically, analyzing the 240-minute time chart reveals that trading …