ARAMCO

Light Crude Oil prices consolidates due to mismatch between what is said and done within the OPEC

Recently resurgent Light Crude Oil supports potential ascending triangle

Light Crude Oil prices find exhaustion at Fibonacci Expansion 161.8% at 43.45 where we may see a ranging market between 44.57 and 43.69

Light Crude Oil prices fell after the release of U.S Crude Oil Inventories with prices now testing the support price at 50.95

Crude Oil resumes recovery, ending week higher

Crude Oil edged higher, breaching 61.50.

Light Crude Oil prices continue to fall with candles now touching Fibonacci Expansion 161.8% at 52.73

Crude oil jumped higher on Monday, following a report from OPEC which had they forecasting the price of crude oil moving back to $80 per barrel in year 2020

Light crude oil futures to continue falling with weak demand and high supply of crude oil

Light Crude Oil prices break below 45 forming a new low this week

Light Crude Oil prices rebounds away from 50 after the release of U.S Crude Oil Inventories

Light Crude Oil prices breaks below 45 and now finds support at 44.28

Light Crude Oil prices continues on the bearish run after retracing to a high of 52.05, forming a lower high indicating the start of a bearish run

Crude Oil turns lower at 58.50 on profit taking.

Crude Oil outlook: suggest that Light Crude Oil prices form a lower high on the daily chart with prices holding below 60

Light Crude Oil prices seek to fall lower with prices now falling below Fibonacci Expansion 161.8% at 52.73. Given the strong bearish momentum of the pair..

Saudi Arabia is also likely to extend output curbs ahead of Opec meeting despite corruption crackdown. Is Saudi oil production policy going to continue?