USDWTI Price Analysis – March 26 After reaching 4 days high at $25.83, WTI oil drops below $25 mark, unable to retain progress, amid generally positive market sentiment after US Congress passed the stimulus package. Oil markets appear vulnerable to fresh declines, as perceptions of growing oversupply effects outweigh the direct impact of US measures. […]
USDWTI Price Analysis – March 23 West Texas Intermediate oil prices extend the downside which started in today’s trading session since Friday. Increasing open interest combined with volatile market activity favors extra losses, well on the cards in the short-term horizon with another visit to the $20.00 level neighborhood. Key Levels Resistance Levels: $33.60, $30.21, […]
USDWTI Price Analysis – March 19 Amid many attempts so far this Thursday to expand the recovery momentum beyond the $24 price level, WTI (oil futures on NYMEX) has entered a consolidated mode over the last few hours as investors evaluate the efficacy of the new global stimulus steps to counter the economic impact of […]
USDWTI Price Analysis – March 16 Today, the price of WTI oil has fallen to the lowest since last Monday’s crash, bursting at $30 and $29 levels through round-figure confluences while ignoring external intervention. The oil sell-off activate overnight after Fed’s aggressive measures failed to calm down investors, with ongoing price war between major producers […]
USDWTI Price Analysis – March 12 On Thursday the price of a barrel of oil stabilized, but bulls are hit, as the US petroleum stopped its recovery attempt from a level of $30.21 and crashed almost 7 percent. West Texas Intermediate oil has depreciated from $33.60 to a price level of $30.72, because of the […]
Te Utu Utu USDWTI - Maehe 9 WTI hinu ananahi mo te tuku o Paenga-whāwhā kei roto i te aratau hinga kore utu i te Mane i muri i te pakanga utu i waenga i Saudi Arabia me Russia na te hui OPEC + o tera wiki. I te Mane, ka whakatuwherahia te utu hinu 11 paiheneti ki raro me te hokohoko ki te $27.40 taumata iti-tau-tau, ahakoa kaore i tawhiti atu i […]
USDWTI Price Analysis – March 5 OPEC members rallied to discuss a reduction of 600,000 barrels per day (BPD) of oil production to raise crude oil prices, affected by global demand problems caused by a coronavirus. In general, the product is traded at the bottom of its range, and any drop below $47.00 may lead […]
USDWTI Price Analysis – March 2 WTI (oil futures) is slowing its pace of recovery from a new 15-month low level of $ 43.83 after the sell-off opening gap caused by China’s horrible manufacturing PMI data released on Sunday. On the contrary, further selling stays on the cards, and any accidental attempt to buying can […]
Te Utu Utu USDWTI - Hui-tanguru 27 West Texas Intermediate (WTI) te hinu, kua eke ki te taumata $ 47.70 i etahi meneti i mua i te wa o te Press, e utu ana i te $ 47.78 he putea. Ko te haurua tuatahi o Hanuere 2019 i whakaatu i tenei taumata whakamutunga. Ko te hoko ka hono atu ki te rerenga haumaru na nga raru coronaviral i waho o Haina. […]
