Oil bears have regained momentum and pushed the price down impulsively. Oil dropped below $40 psychological area.
Oil volatility increased but still remaining above the dynamic level. Oil to break above event-level $43.50 area in the coming days?
Oil broke above $41.50 area with an impulsive bullish close yesterday on the New York session. Why Oil price dropped as the U.S build bigger inventory?
Oil price sustains below $38 area and becomes quite volatile and corrective. Oil price dropped as Coronavirus pandemic's new cases raise concerns.
Oil bears have regained momentum after the price failed to break above $40 area. Oil broke below $35 area today as COVID-19 pandemic second wave began
Oil price rose today during the Asian session by extending gains of the last four days. Oil bullish rally continues as OPEC output cut signs positive.
CFTC has reminded the markets that June WTI contract will expire on Tuesday, 19 May as oil prices may turn negative again.
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