Tag: WTI

WTI crude oil breaks $90 on a tough tape

<p>Oil has been trading opposite the US dollar in the last month or so but that&apos;s not the case today. The dollar is strong and oil is even stronger, up nearly $2 to...

Oil Price Soars Following OPEC Production Cut – Key Tests Ahead for WTI

WTI, OPEC+ – Talking PointsOPEC+ agrees to cut oil production by 2 mln barrels per dayWTI rallies into key trendline resistance, 50-day moving averageWhite House extremely disappointed with OPEC “alignment with Russia” Recommended by...

Crude Oil Price Climbs Ahead of OPEC+ Meeting and a Sunny Outlook. Where to for WTI?

Crude Oil, US Dollar, WTI, OPEC+, CFTC, Backwardation – Talking PointsCrude oil prices have pushed higher with OPEC+ set to cut productionThe headline number of supply reduction might differ from actual outputIf OPEC+...

WTI at Major Support- Crude Break Could Fuel Collapse

Crude Oil Technical Forecast: WTI Weekly Trade LevelsCrude Oil updated technical trade levels – Weekly ChartWTI plunges to critical support pivot on seventh-weekly test – risk for inflection off 83.28-87.15New to Oil Trading?...

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