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2024-05-17T11:59:08+0100
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2024-05-17T11:59:08+0100
EIA storage data reveals minor drop but extends run of successive drawdowns; oil responding positively to improvements in the battered Chinese equity space (Brent crude) and WTI oil nears significant zone of resistance.
2024-02-09T04:55:39+0000
US Q4 GDP data could shape the ‘global growth slowdown’ narrative; brent crude upside level of interest at $82 and IG Client Sentiment is mixed while longs massively outweigh shorts.
2024-01-22T23:55:44+0000
Saudi’s signal challenges to the oil market during seasonally lower demand, Brent crude oil prices drop at the start of the week, while geopolitical developments may limit downside.
2024-01-09T03:33:54+0000
Outlook on Brent crude oil, corn and soybeans amid a negative start to the new year.
2024-01-03T10:36:20+0000
WTI crude drops below $70, indicating bearish trends; watch key thresholds for market insights.
2023-12-07T03:02:49+0000
Oil stalled at the 200-day MA; OPEC+ announced a 2M bpd cut for Q1 2024, falling short of expectations. Will bulls recover or $70 retest looms?
2023-12-01T04:46:19+0000
The weekend premium was deflated on Monday as markets look to the Fed; oil heads lower after respecting resistance at $89 a barrel and EU data underscores growth slowdown in major economies.
2023-10-31T01:55:34+0000
The downward correction in crude oil could still be in play; natural gas is approaching major support area. What is the outlook and key levels to watch for crude oil and natural gas?
2023-10-23T03:59:46+0100