Tag: Oil market analysis
WTI Crude Oil Price Rises to $69.16: Latest Updates
The price of WTI crude oil has seen a significant rise, settling at $69.16, which is an increase of $2.14 or 3.19%. This surge in oil prices has caught the attention of traders, as...
Crude Oil Futures Weekly Forecast: Bears Target $67.75 | Forexlive
Crude Oil Futures are currently experiencing a bearish trend, with prices falling steadily in recent weeks. The market has been respecting a long-term descending resistance line on the weekly chart, indicating that bears are...
How to Identify Signs of Saudi Arabia Flooding Market with Cheap Oil | Forexlive
Saudi Arabia is considering increasing oil production, as reported by Dow Jones and Market Watch. This move could potentially flood the market with cheap oil. The reason behind this possible decision lies in the...
Crude Oil Price Forecast 2021: Trends and Analysis
Hello everyone, I'm here to talk about the recent surge in crude oil prices and what it means for traders and investors. Crude oil prices have seen a significant uptrend, rising by about 14%...
Crude Oil Futures Settle Up $0.16 at $71 a Barrel: Forexlive Analysis
Global Oil Prices Continue to Rise Amidst Tight Supply
In the world of commodities, crude oil holds a special place as one of the most valuable and sought-after resources. Recently, the price of WTI crude...
Crude Oil Prices Recovery: Sustainability Outlook – Action Forex
Crude oil prices have been on a rollercoaster ride recently, with a sharp recovery seen from the $65.50 support level. The market has shown signs of resilience, with bulls stepping in to push the...
Crude Oil Futures Settle at $68.65: Market Update and Analysis
Crude Oil Futures Settle at $68.65: Market Update and AnalysisThe world of foreign exchange trading is a complex and high-risk environment that requires careful consideration before diving in. With the potential for significant gains...