WTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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Chart of The Day – OIL.WTI
Oil prices started the week with a slight selloff, adding to last week’s 3% decline. The oil market is now…
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Oil Steady Amid Prospects of Russia-Ukraine Deal
WTI crude oil futures hovered around $58 per barrel on Monday after a three-day decline, as investors weighed the possibility…
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WTI falls to $58.00 as Ukraine–Russia tensions ease, sanctions eyed
WTI price declines as easing Ukraine–Russia tensions raise the possibility of reduced sanctions on Russian Oil. President Zelenskyy signals openness…
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Oil: Russia-Ukraine peace talk noise – ING
Oil prices came under pressure yesterday, with ICE Brent settling about 2.1% lower, ING’s commodity experts Ewa Manthey and Warren…
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WTI drifts lower to near $60.50 as US crude inventories rise, sanction risks in focus
WTI price declines to near $60.50 in Wednesday’s Asian session. US crude inventories rose by 4.4 million barrels for the…
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WTI retreats to near $59.50 on oversupply forecasts, sanctions could limit downside
WTI price dips as oversupply concerns resurface following an ING report forecasting a substantial market surplus through 2026. Goldman Sachs…
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Trade of The Day – OIL.WTI
Facts: The previous 3 attempts to overcome the 55-56 level ended in failure. The RSI(14) indicator shows a value below…
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Oil Drops as Russian Port Resumes Exports
WTI crude oil futures fell to $59.5 per barrel on Monday, paring gains from the previous session after Russia’s Novorossiysk…
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Chart of The Day – OIL.WTI
Oil prices are rising today after a Ukrainian drone struck the key Russian export port on the Black Sea —…
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IEA continues to see very well-supplied Oil market – ING
Oil prices moved higher yesterday, settling just shy of 0.5% higher, despite a bearish weekly Energy Information Administration (EIA) inventory…
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