Crude Oil Prices Try To Snap Back-to-Back Skid After Fourth Straight US Drawdown
Crude oil futures aimed to build some momentum before the Christmas break. Oil prices have had an up-and-down 2024 as geopolitical tensions, a weakening Chinese…
Posts Tagged: Gaza
WTI Crude Oil Price Analysis for August 19, 2024
WTI crude oil gapped down over the weekend to signal a potential downtrend in the works, as this move also took it below the short-term…
Oil Tanks on Bearish US Storage Report, Hawkish Fed Policy Stance
Crude oil futures tanked in the middle of the trading week after a bearish US storage report. With easing geopolitical tensions and a Federal Reserve…
WTI Crude Oil Price Analysis for April 30, 2024
WTI crude oil has formed lower highs and found support at the $81.50 per barrel mark, creating a descending triangle on its short-term time frames….
US Crude Oil Struggles To Hold $80 As Investors Monitor Ceasefire Talks
Crude oil futures eased for the second straight session as the energy commodity faced pressure on potential cease-fire talks in the Middle East and the…
US Oil Pares Gains After Supply Build, Hovers Around $82 Ahead of FOMC Meeting
Crude oil futures pared some of their gains in the middle of the trading week following a decent supply injection in domestic inventories. Oil prices…
Oil Prices Rebound As War in Israel Intensifies, Broadens to Syria
US crude oil futures topped $85 to close out the volatile trading week. Oil prices have struggled this week as investors braced for an escalation…
Gold Tops $2,000 on Fear Trade Fueled by War in Israel Escalation
Gold futures firmed above $2,000 at the end of the trading week, fueled by a fear trade after the war in Israel escalated on Friday….