Page 37 - Oil Technical Analysis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Crude Oil Price Outlook: WTI at Risk Amid Trendline Breakout, Rising Long Bets 2021-07-21 04:00:00 Daniel Dubrovsky, Strategist Crude Oil, US Dollar, Wall Street, DOE, IGCS, Technical Analysis - Talking Points: Crude oil prices aimed lower even though there was a revival in risk appetite Higher US Dollar, unexpected increase in API inventories likely played role WTI may be at risk to a turn lower as retail traders boost upside exposure Growth-linked crude oil prices were unable to capitalize on a rather rosy day for general market sentiment. In fact, WTI ended Tuesday 0.26% lower. Meanwhile o...

Crude oil prices shrugged off the US lifting sanctions on some Iranian officials as gold did the same after eye-popping inflation data. What is the technical picture for WTI and XAU/USD?

Crude oil prices are at risk after a surprisingly strong US CPI report. A similar outcome from PPI data ahead may further pressure WTI lower as the Colonial Pipeline restarts.

Crude Oil Price Outlook: OPEC Commentary, EU Summer Travel Ban Lift Eyed 2021-05-04 03:00:00 Daniel Dubrovsky, Strategist Crude Oil, WTI, EU Summer Travel, OPEC, Fed - Talking Points: Traders focused on EU summer travel lift, OPEC commentary WTI appearing to trade within the confines of a Rising Wedge Crude oil prices advanced over the past 24 hours, managing to brush aside a deterioration in market sentiment during the Wall Street trading session. The growth-linked commodity can be quite sensitive to the broader underlying fundamental dynamics driving global stock markets. Developments on Mo...

Crude Oil Price Outlook: US GDP Eyed Post Dovish Fed, OPEC+ and Indian Covid Surge 2021-04-29 06:00:00 Daniel Dubrovsky, Strategist Crude Oil, WTI, EIA, Fed, India, US First Quarter GDP - Talking Points: Crude oil prices pushed higher, trimmed gains after EIA report Dovish Fed may boost gains ahead of key first-quarter US GDP WTI prices may be aiming to revisit March peak, but path bumpy Crude oil prices aimed higher over the past 24 hours, developing most of the push during Wednesday’s European trading hours. Prices then trimmed some upside progress after EIA inventory data showed oil stoc...