After rebounding from a 17-month low, WTI futures are locked in a range. Despite being in a recovery phase, the 200-day simple moving average (SMA) just rejected the most recent
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Brent Oil was trading 1.89% downat $83.11. Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States,
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Brent Oil was trading 0.04% up at $71.72. Oil prices climbed on Wednesday, recouping some overnight losses from a stronger dollar and demand concerns, with a slow production restart in
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Brent Oil was trading 0.03% down at  $72.24. The head of Russia’s No. 2 oil producer Lukoil said that oil prices of $65-$75 were “comfortable” for consumers and that the
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Brent Crudewas trading 0.87% down at $70.64. Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day
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