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 $27.40 level multi-year low, though not far from […]
Uhlalutyo lwexabiso le-USDWTI - ngoMatshi i-5 amalungu e-OPEC ahlangane ukuze axoxe ngokunciphisa imiphanda ye-600,000 ngosuku (BPD) yemveliso yeoli ukunyusa amaxabiso eoli ekrwada, echatshazelwa ziingxaki zemfuno yehlabathi ezibangelwa yi-coronavirus. Ngokubanzi, imveliso ithengiswa ezantsi kuluhlu lwayo, kwaye nakuphi na ukuhla okungaphantsi kweedola ezingama-47.00 kunokukhokelela […]
Uhlalutyo lwexabiso le-USDWTI - ngo-Matshi 2 i-WTI (ikamva leoli) iyacotha isantya sayo sokubuyiselwa kwinqanaba elitsha leenyanga ezili-15 eziphantsi kwe-43.83 yeedola emva kwe-gap yokuvula ukuthengisa okubangelwa yi-China yokuvelisa idatha ye-PMI eyoyikisayo ekhutshwe ngeCawa. Ngokuchasene noko, ukuthengisa okuthe kratya kuhlala kumakhadi, kwaye naliphi na ilinge lokuthenga ngempazamo linokuthi […]
Uhlalutyo lwexabiso le-USDWTI - ngoFebruwari 27 i-West Texas Intermediate (WTI) yeoli, efikelele kwizinga le-$ 47.70 kwimizuzu embalwa ngaphambi kwexesha le-Press, ixabisa i-$ 47.78 umgqomo. Isiqingatha sokuqala sikaJanuwari 2019 sibonise eli nqanaba lokugqibela. Ukuthengisa kunokunxulunyaniswa nenqwelomoya yokhuseleko ebangelwa ziingxaki ze-coronaviral ngaphandle kweTshayina. […]
