WTI crude surged at the start of the week as geopolitical tensions flared after US airstrikes hit Iranian nuclear targets over the weekend. The move marks a dramatic escalation in the long-simmering conflict between Iran and Israel, now drawing in direct US involvement. Investors are now awaiting Tehran’s next move after Iranian officials said “all…
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $73.52 per barrel, up from Wednesday’s close at $72.94.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $75.08 price posted on Wednesday, and trading at $75.51. WTI Oil FAQs WTI Oil is a type of…
WTI price rises to near $72.15 in Monday’s early Asian session. Concerned over wider conflict between Iran and Israel that could disrupt supplies support the WTI price. Trump’s tariff uncertainty might cap the WTI’s upside. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.15 during the Asian trading hours on Monday. The WTI…
Global Financial markets have endured months of turmoil, with overlapping concerns over the US debt downgrade, recession fears, and an intensifying global trade war. The sharp escalation in Middle East conflict last week has only deepened the anxiety, as Israel and Iran exchanged strikes, raising the specter of prolonged regional instability. With the 90-day reciprocal…
WTI Oil surges above $72 as Israel-Iran tensions trigger a breakout. Gains for June are near 20%, pushing prices above key Fibonacci levels from longer-term moves. The 12-month moving average provides additional support below $70. WTI crude oil is surging amid escalating geopolitical tensions, with Israel’s recent strikes on Iran fueling a rally that pushed…
Crude oil prices surged sharply following news that Israel had launched direct airstrikes against Iran, targeting its nuclear and ballistic missile infrastructure. WTI crude is now trading more than 30% above its April low of 55.20, as geopolitical tensions in the Middle East reignite supply risk concerns. Israeli Prime Minister Benjamin Netanyahu confirmed that the…
Crude oil rises over 2.5% on Monday, trading near $62.60 after an early session jump to $63.25. WTI hovers below the 50-day EMA at $62.70, which has capped upside since mid-May. Technical indicators hint at improving momentum, but confirmation is needed for a bullish breakout. West Texas Intermediate (WTI) crude oil edges higher on Monday,…
WTI enters a bullish consolidation phase near a two-week high amid mixed fundamental cues. The US-China trade deal optimism helps ease demand concerns and supports the black liquid. Easing US recession fears and the Fed’s hawkish pause benefits the USD and caps the commodity. West Texas Intermediate (WTI) US Crude Oil prices rise to a…
The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trump administration is offering tariff exemptions on certain electronics products initially supported risk assets. Since then, uncertainty returned as President Trump suggested exemptions are only temporary — and that other more specific…
RSI Trend V4.00: Big Major Updates: 1-Added an integrated Fibonacci indicator with dynamically powerful and effective trend arrows. 2-Added key Fibonacci zones, highlighted with green rectangles as potential trend areas. 3-Rectangle colors change from green to gray after confirming a breakout, specifically for Fibonacci levels 61.8 and 50, as well as levels 138.2 and 161.8….