After rejecting $67 to $66.50 key area, oil bears have regained momentum and hit April 2021's low. Oil sustains above $62 support level.
Oil has become quite impulsive and non-volatile after breaking above $35 area. Oil recover higher expecting that OPEC+ will cut the output further.
An average person on the street to take part in crude oil CFD trading. CFD refers for contract for difference that is a way to make profit from price change
Oil bulls had a daily close above the $21.50 per barrel. Therefore, the bullish interventions may lead the price towards $28 in the coming trading session.
Oil price drop below zero for the first time since futures trading started in 1982. The oil price crash might be good for retailers but bad for producers.
Oil prices recover after last week's fast fall following OPEC production cut speculations. US-China trade deal also weighs in.
WTI crude spikes and hit $58. However, there is a new report that the perpetrators of the Saudi Oil attacks have been discovered.
Crude oil price rally to 4 weeks high amid US-China trade talks optimism. The following analysis includes the Brent and WTI technical analysis.
Crude oil prices falter at the beginning of this week. The following technical analysis is based on the Elliott wave theory.
Crude oil is about to close this week bullish. The following crude oil Elliott wave update share some technical insights.