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Tag: WTI


Finance Tech, Liquidity

Oil prices fall on sticky inflation, bigger-than-expected US crude stock build

February 13, 2024

Via: Investing.com

Oil prices fell in early Asian trade on Wednesday after a U.S. industry group reported crude stocks rose more than expected last week and as investors reined in expectations for interest rate cuts by the U.S. Federal Reserve. Brent futures […]


Energy, Industries

Oil prices gain around 1% as Red Sea tension persists

December 21, 2023

Via: Investing.com

Oil prices rose as much as 1% on Friday as tensions persisted in the Middle East following Houthi attacks on ships in the Red Sea, although Angola’s decision to leave OPEC raised questions over the group’s effectiveness in supporting prices. […]


Energy, Industries

Crude Oil Holds the High Ground on US Dollar Weakness. Will WTI go Higher?

February 8, 2023

Via: DailyFX

Crude oil has held onto overnight gains with the WTI futures contract trading above 77 U.S. Dollars and the Brent contract is trading over 83.50 U.S. Dollars. Risk assets were generally buoyed going into the Asian session by the perception […]


Energy, Industries

Crude Oil Prices Vulnerable as Central Banks Run the Risk of Inducing Recessions: Top Trading Opportunities

July 11, 2022

Via: DailyFX

WTI crude oil prices have been rising swimmingly since a bottom was found at the peak of the 2020 global pandemic. Heading into the end of the second quarter, the commodity’s momentum slowed notably. Following the brief spike when Russia […]


Energy, Industries

Crude Oil Price Forecast: WTI Near-term Bullish Amidst Broader Range

June 28, 2022

Via: DailyFX

WTI crude oil (CL) continues the rally it began to end last week after taking a beating from $123 down to $101. The outlook appears favorable in the near-term, while the broader outlook is mired in what will probably amount […]