Stay updated with breaking news from Oil Technical. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Oil prices ease in APAC trading, extending an overnight drop as JCPOA talks resume, adding the prospect for additional supply onto energy markets. But bears are up against a market in heavy backwar...
Oil prices have marked fresh seven year highs for the past three weeks with WTI now eyeing uptrend resistance. The levels that matter on the weekly technical chart.
Oil maintainsa positive outlook in 2022, but its overbought condition and price's proximity to key technical resistancemay pave the way for a brief pullback before the next leg higher.
Crude oil prices surged above $80 overnight after Fed Chair Jerome Powell testified before Congress. The Canadian Dollar followed amid a broadly weaker US Dollar. EIA data is eyed.
Oil prices rose overnight after a bullish report from the American Petroleum Institute (API). OPEC also sees robust demand this year despite the Omicron variant. EIA data and the US NFP jobs report...