By Barani Krishnan Investing.com -- Oil prices overcame a weak start to rise more than 1% by Wednesday noon in New York, helped by the U.S. government’s report of a...
By Barani Krishnan Investing.com -- U.S. crude stockpiles rose for a second week in a row but that rise paled against large drawdowns in gasoline and distillates inventories,...
By Barani Krishnan Investing.com -- U.S. crude stockpiles rose for a second week in a row versus expectations for a decline, petroleum industry group API said in a report Tuesday...
The oil market has been extremely volatile, tracking a volatile equity market. Current market dynamics point to continued downward pressure on prices.
February 24 marks the 1-year anniversary of the Russian invasion of Ukraine Russian oil exports remain nearly unchanged from a year ago Higher reliance on Saudi Arabia and Iraq...
Oil prices are attempting to extend the ongoing relief rally this week after closing over 4% higher last week. On Thursday, the prices extended gains for the fourth consecutive day...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Neutral | Sell | Sell | Sell | Neutral |
| Technical Indicators | Strong Sell | Strong Sell | Sell | Strong Sell | Strong Sell |
| Summary | Sell | Strong Sell | Sell | Strong Sell | Sell |