Crude Oil Rally Faces Resistance as WTI and Brent Lose Momentum
WTI and Brent crude oil have rallied sharply, but high-volume dojis, RSI divergence and cautious positioning warn of pullback risk.
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Crude Oil Analysis: WTI Approaches $100 Amid Growing Supply Risks
Recent trading sessions continue to highlight a strong bullish bias across the oil market. As reflected in the performance of WTI crude, prices have maintained a solid recovery since the beginning of October and are now up more than 12% since October 8, a development that continues to underline the strength of demand in the short term.
Crude Oil Outlook: WTI Holds Support as Brent Shows Strength
WTI crude holds support as bearish momentum fades, while Brent shows relative strength and positioning hints at a possible rebound.
WTI crude squeezed between Hormuz risk and diesel ban speculation
WTI is being pulled in opposite directions as Hormuz risk collides with growing political pressure over US diesel prices.
WTI Crude Oil Mulls Bounce from $90
Having fallen 17% from its cycle highs in just five days and now holding above $90, perhaps it could be time for crude oil to bounce over the near term.
Why Crude Oil Slid While Middle East Tensions Kept Building
The crude oil pullback from monthly highs is running ahead of the headlines, as WTI and Brent ease while Middle East tensions stay unresolved.
Crude Oil Rally Running Low on Gas?
WTI crude oil holds above $100, but bearish price action near resistance suggests the powerful rally may be losing momentum.
Crude Oil Analysis: Geopolitical Risk Continues to Drive the WTI Barrel Higher
During recent trading sessions, a new wave of buying momentum has continued to gain relevance around WTI crude oil price action. Over the last three trading sessions, the market has maintained a bullish streak and is now up more than 5.5%, highlighting significant buying pressure in the short term.
Oil Shock Hits Bond Yields and Squeezes the Consumer
U.S. 10-year and 30-year bond yields have moved higher as markets reopen after the Labor Day weekend, with the producer price index and the consumer price index landing within days of each other. The European Central Bank decision sits between them, where the economic projections and Christine Lagarde's press conference carry more market risk than the rate move itself. The DAX has also broken below its 21-day exponential moving average, a sign that momentum beneath a resilient index is starting to fade.
DAX, Crude oil forecast: Rising energy prices, yields threaten risk assets
Following a weak handover from Asia, European markets and US indices were under pressure this morning, as rising oil prices and elevated bond yields once again weighed on risk appetite. Among the major European indices, the German DAX will be in firm focus this week, with the ECB’s rate decision coming up on Thursday. That decision is likely to be a hike, as rising oil prices threaten to re-accelerate inflation.
WTI Broke Its March Ceiling and Brent Could Not Follow
WTI crude oil broke above a declining resistance line that had capped every rally since March 2026, and Brent did not follow.
Crude Oil Climbs as U.S. Iran Strikes Restart Supply Fear
Crude oil prices are rallying as renewed U.S. and Iran strikes push supply risk back to the front of the market.
Crude oil forecast: WTI threatens breakout as US-Iran tensions escalate
Oil prices have surged for a second consecutive day, after the US and Iran traded strikes for the first time in two weeks and re-escalated the tensions. WTI oil was climbing to one-month highs and threatening to break above a key bearish trend line, at the time of writing. The latest leg higher is being driven primarily by the renewed escalation in tensions between the US and Iran, with traders ignoring the controversial US-Venezuela deal for now
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