Brent Oil
Brent Crude is extracted from the North Sea near Europe; its oil fields include Brent, Ekofisk, Forties, and Oseberg.
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WTI hovers below $59.00 as US-Iran tensions ease, weekly loss looms
WTI price is set for a modest weekly loss following three consecutive weeks of gains. Crude Oil prices decline as…
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Heating Oil Down Over 3%
U.S. heating oil futures fell more than 3% to around $2.21 per gallon on Thursday, retreating from a five-week high,…
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Crude Inventories Surge Against Expectations, Oil Maintains Strong Gains
Crude Oil Inventory Change: +3.39m bbl (Expected: -2.2m bbl; Previous: -3.8m bbl) Gasoline Inventories: +8.997m bbl (Expected: +4.1m bbl; Previous: +7.7m bbl)…
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Trade of The Day – Oil.Wti
Facts: OIL.WTI breaks above the 100-day exponential moving average The RSI for the last 14 days remains in the 61-point…
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WTI holds losses below $60.50 as Venezuela resumes exports, US stocks rise
WTI slips as Venezuela begins reversing Oil production cuts imposed during the US embargo. Two supertankers departed Venezuela carrying about…
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Brent Slips as Traders Weigh Geopolitical Risks
Brent crude futures fell toward $63 per barrel on Monday, giving back earlier gains as the potential resumption of Venezuelan…
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Crude Oil Settles Sharply Higher as Iranian Protests Escalate
February WTI crude oil (CLG26) on Friday closed up +1.36 (+2.35%), and February RBOB gasoline (RBG26) closed up +0.0203 (+1.15%).…
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Crude Sharply Higher on Energy Demand Strength and Index Buying of Oil Futures
February WTI crude oil (CLG26) on Thursday closed up +1.77 (+3.16%), and February RBOB gasoline (RBG26) closed up +0.0658 (+3.88%).…
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Crude Prices Tumble on Signs of Robust Global Oil Supplies
February WTI crude oil (CLG26) on Wednesday closed down -1.14 (-2.00%), and February RBOB gasoline (RBG26) closed down -0.061 (-0.36%).…
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WTI Price Forecast: Sees immediate support near $55 amid US-Venezuela clash
The Oil price is under pressure on hopes that Venezuela’s Oil industry restructuring will increase global crude production. Investors await…
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