🛢️ Oil Recap XTIUSD


U.S. crude inventories fell by 2.4M barrels final week (vs -1.9M anticipated), often a bullish signal for costs.
But, WTI nonetheless dropped ~2%, weighed down by tariff headlines and issues about Russian provide.

On the chart, we’re watching a breakout that pale into a possible Head & Shoulders.
Key helps sit at 64.60 / 64.00, with deeper ranges at 63.80–63.00 if promoting strain extends.

What’s your take — is that this only a pullback earlier than one other leg larger, or the beginning of a deeper correction?

submitted by /u/LMtrades
[comments]



Source link

Related articles

Halliburton launches XTR CS injection system for CCUS and CO₂ injection wells

Halliburton has launched a brand new injection system designed to assist carbon seize, utilization and storage (CCUS) operations, as operators search improved reliability and efficiency in CO₂ injection wells. The XTR™ CS injection system...

Decrease Charges, Increased Gold: Trump’s 2026 Playbook – Analytics & Forecasts – 14 February 2026

Gold simply hit $5,590—an all-time excessive. And it didn’t occur accidentally. The chart tells the story: a gradual climb since August 2025,...

Crypto Group Challenges Banks Proposal With Its Personal Invoice Options

The CLARITY Act has taken one more stunning flip as debates on its implementation proceed. A crypto group has challenged the banks’ proposal on the crypto invoice with a brand new set...

MT5 Quantity Indicator – ForexMT4Indicators.com

The MT5 Quantity Indicator shows tick quantity—the variety of...

Bitcoin spikes 6% on softer US inflation however the CPI document nonetheless has holes after the shutdown

At 8:30 a.m. in New York, the world paused for the January U.S. inflation knowledge, and it landed with a tender thud.Headline CPI printed +2.4% yr over yr, a shade beneath the +2.5%...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com