crude oil

Crude oil futures back to near the previous week's lows on Tuesday morning after OPEC’s small oil output cut failed to impress investors resulting in a sharp decline in the crude oil price. The Organisation of Petroleum Exporting Countries and allies led by Russia, known as OPEC+, decided to cut...

Shares of the leading electric vehicle charging network in North America and Europe ChargePoint (NYSE: CHPT) advanced more than 12% on Wednesday. This EV charging company released its second quarter financial results on Tuesday. ChargePoint second-quarter revenue increased the top-end of its...

The British pound remains one of the weakest currency pairs this month. GBPUSD started this week with a bearish note, on Monday touched 1.1650 its lowest level since March 2020. For this week, the first key support level is located at 1.1630/20. In case it breaks below this level, it will head...

Crude oil prices closed lower on Tuesday (29th), with WTI crude oil futures falling below the $100 per barrel level for the first time since mid-month, due to Russian media reports that Russian officials described the Russia-Ukraine talks as "constructive. Meanwhile, OPEC+, which includes...

Crude oil prices tumbled about 7% on Monday to close at their lowest level in more than a week, mainly because the worsening of the epidemic may dampen energy demand, and progress in peace talks between Russia and Ukraine is expected to help ease concerns about energy supply risks. Crude oil...

Crude Oil, the price may fall. On the daily chart, the upward wave C forms, within which the first wave 1 of (1) of C developed, and a downward correction develops as the second wave 2 of (1) of C. Now, the wave of the lower level a of 2 is developing, within which a local correction has ended...

The attack on the Arabian oil facility once again caused market concerns about global crude oil supply, which made crude oil prices reversed and closed higher on Friday (25th), and the price of Brent crude oil rose nearly 12% this week. While the EU's inability to reach an agreement to embargo...

Crude oil futures prices fell more than 2% on Thursday (24th), retreating from more than two-week highs reached yesterday, mainly as global leaders gathered to discuss Russia's invasion of Ukraine, the United States announced new sanctions on Russia, but the European Union Opinions remain...

Crude oil rose more than 5% to more than 2-week high as supply concerns worsened, U.S. inventories fell Crude oil rose again on Thursday, EIA crude oil inventories unexpectedly dropped sharply, and the energy supply interruption problem fermented, causing oil prices to rise again. The top...

Crude oil futures prices ended lower on Tuesday (22nd), WTI crude oil futures prices retreated after a 7% rise in the previous day, as investors were evaluating the prospect of the European Union banning the import of Russian crude oil. Crude oil rose first and then fell on Tuesday. From the...

Crude oil futures prices rose on Thursday (17th), WTI crude oil and Brent crude oil both returned to above $100 a barrel, a partial rebound after a 3-day losing streak, due to the intensified Russian-Ukrainian war and expectations of a sharp reduction in Russian crude oil supplies. warming up...

Crude oil prices fell on Wednesday, with WTI and Brent both closing below $100 a barrel, as U.S. crude supplies rose for the first time in three weeks, as official U.S. data showed and traders worried that high fuel prices would lead to demand decline. Traders also continued to monitor...

Crude oil prices rose on Friday but ended the week lower as traders assessed potential efforts by countries to fill a void in the global market for Russian oil. President Biden announced that the United States and its allies will revoke Russia's "most-favored-nation" status in trade. The oil...

As the United States and the United Kingdom announced a ban on crude oil imports from Russia, crude oil futures rises nearly 4% on Tuesday (8th), and WTI crude oil and Brent crude oil futures hit their highest closing prices since 2008. Judging from the four-hour line, the Bollinger rails are...

U.S. Crude Oil: In this weeks iTrade Weekly report I said: "The daily and H1 trend is down, but H4 remains up at close of trade this week. But H4 looks set to trigger a sell signal, and when it does, all three time frames will be confluent and pointing downwards." The H4 chart did, indeed...

The week is relatively quiet with Forex News events. On Thursday we will be monitoring data releases during London session, there is chance to see volatility on the GBP due to BOE Inflation Report, MPC Official Bank Rate Votes and Official Bank Rate. Friday there are important releases from US -...

Support for further correction to the level of 29.30 Breaking the 29 mark for the duration Descending Conversely, breakthrough will lead to the region 37-39 46-48 Canadian dollar analogy: Breakthrough area 1.4340 + _ give the approval to continue the course of the weakening of Hdolrhkndi In...

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USD remains stable On Friday the US dollar remained stable to higher against the other most important currencies, following the publication of the mixed U.S. trade and industry data, as anxiety over the management of the sovereign liability crisis in the Euro zone weighed on demand for...

US DOLLAR Dollar flounders - its biggest hit in 12 weeks Despite the fact that wide-ranging market circumstances are not favorable for maintaining the trends of US equities, as a benchmark for risk appetite, have floundered, the dollar has nonetheless suffered, its biggest hit in 12 weeks...