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 […]
USDWTI Price Analysis – March 9 WTI oil futures for April delivery is in free fall mode on Monday after a price war between Saudi Arabia and Russia caused by last week’s OPEC+ meeting. On Monday, the oil price opened 11 percent lower and trading at a $27.40 level multi-year low, though not far from […]
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 […]
Analiza prețurilor USDWTI – 2 martie WTI (future pe petrol) își încetinește ritmul de recuperare de la un nou nivel scăzut de 15 luni de 43.83 dolari, după decalajul de deschidere a vânzărilor cauzat de oribilele date PMI de producție din China publicate duminică. Dimpotrivă, vânzarea în continuare rămâne pe cărți și orice încercare accidentală de cumpărare poate […]
Analiza prețului USDWTI – 27 februarie Petrolul West Texas Intermediate (WTI), care a atins nivelul de 47.70 dolari cu câteva minute înainte de momentul presei, este cotat la 47.78 dolari pe baril. Prima jumătate a lunii ianuarie 2019 a arătat ultimul nivel. Vânzarea ar putea fi legată de zborul de siguranță cauzat de probleme coronavirale în afara Chinei. […]
