Crude oil analysis: WTI sinks further below $70
Crude prices remain on a slippery slope after the OPEC+ failed to impressive with their voluntary output cuts last week. From Thursday’s high point, oil prices have now fallen about 12% so far. On Wednesday, brent dropped below $75 and WTI took out $70, with both contracts falling in excessive 3.5% each on the day.
FTSE and crude oil analysis: Will rebound in oil finally lift UK index?
Can rebounding oil prices fuel rally in energy stocks like BP and Shell? FTSE technical analysis hints at potential recovery for UK index. Meanwhile, Brent crude oil rises above 200-day average ahead of OPEC meeting.
Everything you need to know about the Exxon and Chevron acquisitions
The two largest US oil and gas companies both announced major acquisitions that will increase production while lowering taxable revenue in the near future. Learn more in our rundown of Chevron and Exxon here.
Why trade with FOREX.com?
Tight spreads on 80+ FX pairs
Nearly 2,500 markets including Stock CFDs, Indices & Commodities
Award-winning platforms with fast & reliable execution
Crude oil analysis: WTI off lows as focus turns to OPEC+ meeting
Crude oil analysis: Investors await OPEC+ meeting on Nov 30. We expect rollover of Saudi and Russia cuts, which could help to support prices. WTI needs an interim higher high above $77.60-$78.50 to signal trend reversal after intense selling over the past several weeks.
Crude oil outlook remains positive despite drop
Crude oil prices have fallen back at the start of the new week, with Brent shedding over 3% and WTI losing 2.3% at the time of writing. In other words, oil prices haven’t moved further higher despite Israel’s increased military operation in Gaza. But prices could easily bounce back as I will discuss in this article.
Crude oil outlook remains bullish despite recent weakness
Crude oil outlook boosted above all by OPEC+ supply cuts/ Supply fears re Middle East could intensify again. Oil prices are demand inelastic, which means downside should be limited from fears about weakening global economy.
How to trade and invest in nuclear fusion stocks
Nuclear fusion stocks are a growing area of interest as scientific breakthroughs continue to boost the sector. Let’s take a look at how traders can get exposure to the trend.
Crude oil outlook: WTI could rise further as traders eye MidEast situation
Following the 5% rise on Friday, crude oil prices gave back some of those gains on Monday. However, this could be a temporary respite before oil prices rise again.
Gold, WTI crude oil: Buy on dips until a de-escalation in Israeli-Hamas conflict
Given how quickly sentiment can change and the level of risk we’re confronted with, it’s difficult to see crude and gold being anything other than buy-on-dips prospects until we see a de-escalation of hostilities.
Crude oil, gold surge as geopolitical risk premium priced in
Crude oil and gold prices have spiked in response to renewed conflict in the Middle East, helping to partially reverse ugly declines recorded last week.
WTI analysis: Crude oil in spotlight – Technical Tuesday
Investors’ focus will remain on oil prices after their recent sharp gains amid the ongoing supply cuts by the OPEC and allies, and in light of today’s bullish reversal. Owing to concerns over a crude supply deficit, there is a good chance we could see oil prices climb above $100 and thus stoke inflationary worries further.
Crude oil: WTI correction a healthy development for longevity of the bullish trend
The pullback in crude oil could be deemed a healthy development, correcting an unsustainable, one-sided trade which left the contract overbought and over-loved.
Crude oil: risk-laden week and bullish sentiment pose a threat to fresh longs
A decent pullback in crude oil is not a stretch given how lopsided near-term sentiment and positioning appears to be.
Crude oil looking fatigued after its breakneck run higher
But with fundamentals underpinning the rally, near-term weakness will provide an opportunity to add or establish fresh longs.
Crude oil looking good as fundamentals, technicalsalign
Crude oil looks set to resume its battle with sellers parked around the $84 per barrel level.
Crude oil outlook: WTI could be heading to $80
The momentum is clearly to the upside, which means the crude oil outlook is still positive. Next week's key event is likely to be the data dump from China.
Crude oil outlook: Brent jumps on Saudi, Russia voluntary cuts
Our bullish crude oil outlook has been provided a fresh impetus as we start a new quarter.
Open an account in minutes
Crude oil outlook: WTI to start Q3 with some bullish momentum
Our crude oil outlook remains positive after much of the selling pressure was absorbed successfully in June, with WTI refusing to remain below $70.
Crude oil outlook: WTI could climb to $80
My crude oil outlook remains bullish and reckon WTI could climb to $80. The "weaker demand" narrative is likely priced in and OPEC cuts point to tight market.
WTI outlook: Oil prices extend rebound after NFP
After a big drop earlier in the week, WTI has staged an impressive bounce, boosting the WTI outlook, especially in light of the OPEC’s ongoing supply cuts
Daily natural gas market update - 3 January [Institutional research preview]
Natural gas prices are in a steep freefall in today’s early trade following two weeks of heavy losses which have erased 2.125 or 32% from the spot contract.
WTI falls as demand concerns intensify
Oil investors' focus is turning back to the demand side of things and in particular China...