Crude oil price

Crude Oil Price Outlook: OPEC+ Meeting Holds the Key

The focus of crude oil markets shifts towards the OPEC + alliance, which meets this Thursday to reappraise the existing…

Mar 02, 2021, 14:14 GMT

Brent Crude Oil Price Pullback Likely Ahead of OPEC+ Meeting

The crude oil price declined sharply in the overnight session as traders focused on the upcoming OPEC+ talks and US…

Mar 02, 2021, 07:30 GMT

Crude Oil Price Up Slightly As OPEC Output Falls in February

Crude oil prices have shown marginal gains this Monday after Reuters reported a drop in the total oil output from…

Mar 01, 2021, 14:36 GMT

Crude Oil Price Forecast: Key Levels to Watch in March 2021

The crude oil price rose for the fifth consecutive month in February as investors reacted to the ongoing economic recovery.…

Mar 01, 2021, 06:11 GMT

USD/CAD Bounces from 3-Year Lows As Targets Below 1.2500 Remain Viable

Earlier today, the Loonie strengthened against the greenback as Canada's 10-year bond yield surged to 13-month highs at 1.481%. This…

Feb 25, 2021, 17:13 GMT

Crude Oil Price Trades Above $63 and the Bullish Trend Remains Intact

Crude oil price keeps forming higher highs while holding the series of higher lows, a move that defines a bullish…

Feb 25, 2021, 08:21 GMT

Crude Oil Price: Brent Crude Attempts a Break of $64 Ahead of EIA Oil Inventories Report

Ahead of the EIA report, crude oil prices have recovered sharply after Tuesday's decline. The drop in crude oil prices…

Feb 24, 2021, 13:33 GMT

Crude Oil Price: Sharp Drop in Inventories Keeps Price Above $64

Crude oil prices on the Brent and WTI benchmarks are on the retreat this Thursday as the markets take a…

Feb 18, 2021, 17:04 GMT

Crude Oil Price Dynamic Resistance An Obstacle to Further Advances

Crude oil price has finally reached dynamic resistance given by the neckline of an inversed head and shoulders pattern. The…

Feb 18, 2021, 08:16 GMT

Crude Oil Price Holds $60 but Meets Dynamic Resistance

The main theme of the trading year so far is the remarkable rise in crude oil price. The price broke…

Feb 16, 2021, 08:08 GMT

Norway Strike Could Send Crude Oil Prices Above $64

Crude oil prices extended their rally on Monday, as threats of a strike action in Norway by a section of…

Feb 15, 2021, 16:00 GMT

Crude Oil Breaks Above $60 in a Furious Move Higher

Crude oil did it – it broke above the $60 level after it consolidated in a triangular pattern. It appears…

Feb 15, 2021, 09:21 GMT