oil WTI

Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

  • Newest
  • Popular

Crude oil steadies ahead of OPEC, US inflation in focus: The Week Ahead

Thanksgiving in the US has made for a very quiet second half to the week for traders, but with a key US inflation report and an OPEC meeting on tap then volatility is expected to return next week. Also note that Australia releases inflation figures which could be the deciding factor as to whether the RBA hold or hike at their final meeting of the year.

default avatar
November 24, 2023 02:16 AM

WTI crude oil suffered its worst week in 6 months: Asian Open – 09/10/2023

The rapid decline of oil prices last week has seen calls for $100 WTI come into question. But with prices showing signs of stability above $80 on Friday and Iran declaring war on Palestine, oil prices will be closely watched due to concerns of a supply disruption potentially on the horizon.

default avatar
October 8, 2023 11:50 PM

The complete CFD trading experience

Award-winning platforms, competitive spreads, low commissions and dedicated support.

We live and breathe the markets. For over 20 years, we've helped traders realise their ambitions and continue to set the industry bar.

Trading view chart close-up

WTI crude oil plunges, USD, yields retrace: Asian Open – 05/10/2023

The combination of softer US economic data and yields pulling back from their highs allowed risk assets to sigh in relief and lift themselves cautiously from their cycle lows. Although oil prices plunged at the prospects of a struggling consumer due to low gasoline demand, sending WTI crude oil 5.5% lower during its worst day this year.

default avatar
October 5, 2023 12:13 AM
Oil rig in the sea

Oil prices flirt with $100 handle

WTI crude has risen to $91.65 per barrel (bbl) at time of writing, with a $93.44 high Brent crude oil has risen to $94.58 per barrel (bbl) at time of writing, with a $95.66 high The US dollar index has risen to 105.2 with strong momentum

default avatar
September 20, 2023 01:12 PM

WTI crude oil analysis: European Open – 24th July 2023

WTI crude oil prices rose for a fourth consecutive week despite a recovery of the US dollar. Whilst it shows the potential to pull back from the $77 highs, short-covering of large speculators and managed funds over the past couple of weeks suggests it could be headed towards $80.

default avatar
July 24, 2023 07:43 AM
Market chart

USD/JPY, Oil outlook: Two trades to watch

USD/JPY falls ahead of debt ceiling talks. Oil edges lower after Chines trade data, US CPI in focus.

default avatar
May 9, 2023 09:33 AM

European Open: Sentiment falters ahead of the open

US futures and Asian indices partially handed back some of yesterday’s gains and oil touched a 1-month low as yesterday’s optimism shows early signs of petering out.

default avatar
June 22, 2022 07:26 AM

The global energy crisis - when will it abate and what does it mean for oil?

As economies recovered from the pandemic hit, soaring demand, combined with a supply crunch sent energy markets reeling. Oil and gas prices surged to multi-year highs before falling. Will the energy crisis ease in 2022? And what will this mean for oil prices?

default avatar
May 12, 2022 09:40 AM
road sign

SP500 - a dead cat bounce or the start of a stronger recovery?

A synchronised 'risk-on' move across multiple asset classes overnight, including the S&P500 and oil, based on optimism that Russia and Ukraine may find a diplomatic solution to end the bitter war and that OPEC+ will increase oil supply.

Congress building

US open: Stocks steady as US plans to announce Russian oil restrictions

US stocks point to a steady start as the White House prepares to announce a ban on Russian oil and as US companies continue the exodus from Russia.

default avatar
March 8, 2022 02:54 PM

Two trades to watch: Oil, EUR/USD

Oil sees heightened volatility on Russia-Ukraine fears. EUR/USD extends losses amid risk off trade and ahead of ECB Lagarde.

default avatar
February 14, 2022 09:50 AM
Close-up of market chart

European Open: EUR/CHF set to buck its trend?

EUR/CHF appears poised for a countertrend bounce, having displayed a momentum shift at key support levels.

European Open: Futures open higher, WTI back above $79

WTI managed to trade back above $79 during quiet trade overnight, and price action suggests bulls are trying to carve out a swing low.

default avatar
January 10, 2022 06:25 AM