Fears of Rising Rates and Worsening Growth Push Oil Prices Near 5-Week Low. In conclusion, oil prices are facing multiple headwinds including rising interest rates, slowing economic growth, and the
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Despite positive China statistics, oil declines due to economic concerns. FUNDAMENTAL OVERVIEW BRENT CRUDE OIL TECHNICAL ANALYSIS DAILY CHART: Technical Overview Brent Crude Oil is currently trading in the up
Crude Oil (Light Sweet) Technical Analysis: Weekly Chart In the weekly charts, Crude Oil was trading in a down channel. Crude Oil is currently trading below all SMA except MA
After the OPEC production cut, crude oil gains continue; API data is forthcoming. Following OPEC+’s unexpected move to reduce its production levels, oil prices increased on Tuesday, adding to the
Fears about demand cause oil to decline as the market anticipates a Fed decision. FUNDAMENTAL OVERVIEW BRENT CRUDE OIL TECHNICAL ANALYSIS DAILY CHART: Technical Overview Brent Crude Oil is currently
Political unrest and supply issues cause the price of crude oil to increase. Oil prices traded higher Monday, recouping some of last week’s heavy losses on heightened geopolitical tensions and
The Oil’s first daily increase in four days supports WTI bulls as they reach $80.00. WTI picks up bids to rebound from weekly low, snaps three-day downtrend. US Dollar pullback
Oil prices were steady on Thursday, as optimism over recovering Chinese demand was offset by U.S. oil inventories hitting their highest in months and signs the U.S. Federal Reserve could
Crude Oil WTI futures rose 0.57% at 75.80 on Monday. Oil hovered close to an annual weekday as increasing considerations over U.S. economic health and therefore the FRS for the
Crude Oil WTI futures rose 0.57% at 75.80 on Monday. Oil hovered close to an annual weekday as increasing considerations over U.S. economic health and therefore the FRS for the