WTI Crude Oil Archives

WTI Oil Technical Analyses: Target Price 87.30 To 88.80

Last Updated On September 4, 2023 11:52 AM by Ananya

WTI Oil Technical Analyses: U.S. oil may break a resistance at $86.20 per barrel, and rise into a range of $87.30-$88.80. Image source: Thomson Reuters The bullish momentum is pretty strong, as illustrated by the consecutive gains over the past few days. The contract could be riding on a wave …

Oil Heading for Seventh Weekly Advance With WTI Nearing $80

Last Updated On October 8, 2021 10:25 AM by Neal Bhai

Oil headed for a seventh weekly gain, the longest run since December, as a global energy crunch roiled markets from Europe to Asia.

WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips)

Last Updated On December 9, 2020 6:19 PM by Neal Bhai

WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips) – crude oil prices entered a brief consolidation after hitting a key chart resistance level at US$ 46.30.

Crude Oil prices Rise on OPEC Output Cuts, as U.S. Sanctions Bite

Last Updated On February 12, 2019 9:59 AM by Neal Bhai

Gold Silver Reports (GSR) – The ongoing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped prop up WTI, traders said.

WTI Crude Oil Backs off From $70 Despite Iran Sanctions

August 7, 2018 8:13 PM by Neal Bhai

Gold Silver Reports (GSR) – The US official reimpose sanctions on Iran today in a move that will cut global oil supply. The news was accompanied by a presidential tweet.