Oil rises on Middle East tensions. Oil rising today – against the previous sharp downward price impulse – under the effect of the rising Middle East tensions after Israeli jets struck rocket launch
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Oil falls on fears for Delta spread. Oil under strong bearish pressure, continuing the yesterday’s losses – as trader focus has now fully shifted to the rapidly spreading Delta coronavirus variant. Concerns over
Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 74.525-74.283 and it is going to the target zone №2 77.033-76.783. Any price reduction is considered
Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 72.100-71.858 and it is going to the target zone №2 74.525-74.283. Any price reduction is considered
Oil rises on improved risk appetite. Oil under the bullish pressure today extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in U.S. oil
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 73.805-73.563 and it has a potential to reach the target zone №2 71.380-71.138. The best prices to
Oil falls on expected supply increase. Oil prices continuing to fall today, extending yesterday’s sharp losses as investors prepared for increased supplies after a compromise deal between leading OPEC producers. WTI and Brent
Oil rises as U.S. inventories decline. Oil under the bullish pressure today as U.S. petroleum inventories have fallen below the pre-pandemic five-year average amid the oil consumption accelerating but crude producers being slow
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 72.643-72.401 and it has a potential to reach the target zone №2 70.218-69.976. The best prices to
Oil rises on lower stockpiles in U.S. Oil under the bullish pressure today after the released data indicated U.S. crude stockpiles were shrinking and an OPEC report predicted an undersupplied market this year.
