Crude Oil

Risk-Off Sentiment in Asset Markets Weighs on Crude Prices

June WTI crude oil (CLM25) Tuesday closed down -0.13 (-0.21%) and June RBOB gasoline (RBM25) closed up +0.0133 (+0.62%). Crude…

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Crude Oil Prices Gain on Dollar Weakens and Doubts Over an Iran Nuclear Deal

June WTI crude oil (CLM25) Monday closed up +0.20 (+0.32%) and June RBOB gasoline (RBM25) closed down -0.0030 (-0.14%). Crude…

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WTI sticks to modest intraday losses around $61.70, moves little after mixed Chinese data

WTI kicks off the new week on a softer note, though the downtick lacks bearish conviction. The uncertainty over Iran-US…

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WTI crude oil rebounds above $61 as bulls defend $55 base, upside capped by Iran, OPEC+ supply risk

WTI snaps a two-day losing streak, key resistance sits at $65. Price reclaims 21-day EMA, technical momentum improves as RSI…

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Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal

June WTI crude oil (CLM25) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25) closed up +0.0074 (+0.25%). Crude…

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Crude Prices Finish Sharply Lower on Fears of a Global Oil Glut

June WTI crude oil (CLM25) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25) closed down -0.0356 (-1.64%). Crude…

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Crude Prices Pressured as Weekly EIA Crude Inventories Increase

June WTI crude oil (CLM25) Wednesday closed down -0.52 (-0.82%) and June RBOB gasoline (RBM25) closed up +0.0040 (+0.18%). Crude…

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WTI: Bulls have the upper hand while above $62.00/200-period SMA on H4

WTI drifts lower on Wednesday and snaps a four-day winning streak to over a two-week high. The technical setup favors…

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Crude Sharply Higher on Dollar Weakness and Additional US Sanctions on Iranian Oil

June WTI crude oil (CLM25) Tuesday closed up +1.72 (+2.78%), and June RBOB gasoline (RBM25) closed up +0.0329 (+1.54%). Crude…

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WTI extends the rally above $63.00 on easing trade tensions

WTI price gains momentum to around $63.25 in Wednesday’s early Asian session.  The US and China slash tariff rates by 115%,…

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