West texas intermediate

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WTI Flies High During A Typically Strong Month

April 17, 2019 1:52 AM
A potential bull flag is forming on WTI near its 7-month high. Whilst the August lows currently stand in its way, we think a break above $65 is eventually on the cards given the strength of the trend.

WTI Bulls May Still Have Gas in the Tank After a 15-Week, 50% Rally

April 9, 2019 1:40 PM
Oil prices have been on an absolute tear since bottoming around Christmas: West Texas Intermediate (WTI) has gained more than 50% over the past 15 weeks, with Brent experiencing a 41% rally of its own over the same period.

WTI Looks Firm As We Enter A Typically Strong Month

April 3, 2019 11:57 PM
WTI stands near a 5-month high and, whilst there are near-term signs of exhaustion, market positioning, technicals and seasonality suggest further gains could eventually unfold.