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Wti crude oil wave analysis

WTI crude oil reversed from support level 72.50 Likely to rise to resistance level 78.40 WTI...

February 7, 2023, 11:35 am

Oil futures get lift on china demand hopes

Oil futures rose Tuesday, finding support as ongoing hopes a revival in crude demand from China run str...

February 7, 2023, 7:25 am

Commodities watchlist: wti crude oil (usoil) wedge breakdown

Missed the breakout on WTI crude oil earlier on? You might still have a chance to hop in the selloff on...

February 7, 2023, 3:59 am

Usd/cad retreats towards 1.3400 amid firmer oil price, eyes on fed’s powell, boc’s macklem

USD/CAD snaps three-day uptrend as it eases from two-week high. Cautious optimism in the market allows WTI cru...

February 7, 2023, 2:44 am

Boc survey sees negative gdp growth in 2023 with rates falling 50 bps by year end

  • Median GDP for 2023 at -0.4%
  • GDP of +2.0% in 2024
  • Accumulated savings and commodity prices are main upside risks
  • Weake...

    February 6, 2023, 3:42 pm

Usd/cad edges lower to 1.2400 amid an uptick in oil prices, stronger usd limits losses

An uptick in crude oil prices underpins the Loonie and acts as a headwind. A combination of factors con...

February 6, 2023, 8:44 am

Eur/usd corrects lower as dollar gains heavily

Key Highlights EUR/USD started a downside correction from the 1.1040 zone. It traded below a key bullish trend line at 1.0880 on the 4-hours chart. Go...

February 6, 2023, 3:24 am

Wti crude oil futures settled at $73.39

WTI crude oil futures settled at $73.39 today. That was down -$2.49 or -3.28%.

The high price...

February 3, 2023, 8:37 pm

Chevron: end-of-cycle oil price bet

Crude oil prices have continued to decline in the last six months. Chevron's high profitability will not stand in a market of lower...

February 3, 2023, 7:56 pm

Baker hughes total rig count falls -12 to 759

The Baker Hughes rig count fell -12 to 759. That was the lowest total rig count since September 2022.

  • Oil rigs fell -10 to 599.
  • ...

    February 3, 2023, 6:08 pm

Watch fxopen's january 30 - february 3 weekly market wrap video

In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports.What CHATGPT means for inves...

February 3, 2023, 1:59 pm

Crude oil weekly price forecast – crude oil markets get slammed

Crude oil markets have fallen rather hard during the trading week, breaking back down after a couple of very quiet weeks....

February 3, 2023, 1:16 pm

Crude oil price forecast – crude oil markets continue to see downward pressure

The crude oil markets have initially tried to rally during the trading session on Friday but have turne...

February 3, 2023, 12:12 pm

Usd/jpy faces selling pressure ahead of us nfp release

Key Highlights USD/JPY is facing a strong resistance near the 130.00 zone. A crucial bearish trend line is forming with resistance near $129.80 on the...

February 3, 2023, 5:49 am

Vaalco energy: hold on, the industry is reshaping

The independent energy firm VAALCO Energy, Inc. acquires, develops, and produces crude oil and natural ...

February 3, 2023, 3:37 am

Crude oil price under the pump in the face of fed, ecb and boe hikes. lower wti?

Crude oil has steadied so far today after sliding lower throughout the week after multiple rate hikes in major economies that might be offset by China...

February 3, 2023, 2:00 am

Oil futures settle moderately lower

Crude oil prices drifted lower on Thursday, continued to be weighed down by data showing an increase in U.S. c...

February 2, 2023, 11:44 pm

Wti crude futures settle at $75.88

WTI crude oil futures are settling at $75.88. That's down -$0.53 or 0.69%.

The high price toda...

February 2, 2023, 7:40 pm


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