Crude oil price

Crude Oil Finds Support and Could Retest the August Highs

Crude oil has recovered from a drop below the $40.00 level and should now make a push for the August…

Oct 19, 2020, 15:27 BST

Brent Crude Oil Price Choppy as Trader Warns About Demand

Crude oil price has inched lower today as the market reacts to the rising Covid-19 cases around the world. The…

Oct 16, 2020, 12:17 BST

Crude Oil Off Intraday Lows As US Crude Oil Stocks Drop

Crude oil price on the Brent benchmark is falling today as the impact of OPEC's predictions on crude oil demand…

Oct 15, 2020, 18:10 BST

Crude Oil Retreats from Resistance at $40.00 Again Over Virus Fears

Crude oil gave up yesterday's inventory gains and is 2.5% lower on the day as fears over a second wave…

Oct 15, 2020, 12:32 BST

Crude Oil Price in a Pennant Formation – Bullish While Above $40

Crude oil price continues its months-long consolidation and remains stuck at the $40 level. Despite the technical picture looking bullish,…

Oct 14, 2020, 11:57 BST

Crude Oil Price Capped at 42.50 As OPEC Sees Drop in Demand for 2020 & 2021

The Organization of the Petroleum Exporting Countries (OPEC) has predicted in its latest monthly forecast that the global demand for…

Oct 13, 2020, 14:36 BST

Crude Oil Drops Below $42 As Libya Restarts 300K Barrels/Day Oilfield

Crude oil price tumbled on Monday as a result of oversupply concerns and weaker demand. Crude oil production in Norway…

Oct 12, 2020, 18:16 BST

Crude Oil Fails at $41 Again – Could Move Lower on U.S. Inflation

Crude oil prices failed to find new ground above the $41.00 level and this level will define the week ahead.…

Oct 12, 2020, 09:29 BST

USDCAD Threatens the 1.3150 Support After Upbeat Canadian Employment Data

The USDCAD extended losses for the 3rd day in a row this Friday on USD weakness and stellar Canadian Employment…

Oct 09, 2020, 14:03 BST

USDCAD: Loonie Posts 17-day High Against the Greenback as Hurricane Delta Strengthens

The USDCAD resumed the downward move today, hitting the lowest level since September 21 after oil prices rose on the…

Oct 08, 2020, 18:46 BST

Crude Oil Price: Back Above $45 on Hurricane Delta Threats

The crude oil price bounced nicely lately, albeit on the lower timeframes. A close look at the bigger timeframes reveals…

Oct 08, 2020, 12:15 BST

Crude Oil Prices Remain Stuck Around $41 As Hurricane Delta Strengthens

Crude oil prices on the Brent benchmark was mildly lower this Wednesday as data from the Energy Information Administration signalled…

Oct 07, 2020, 18:24 BST