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Westpac: Oil remain supported

Oil jumped higher Monday as non-OPEC countries agreed to contribute a further 558,000b/d in production cuts and remained supported throughout the week on investor...

Crude Oil Prices: “Random”? Hardly.

Last week's shocking spike in crude oil prices is +12% and counting, the biggest one-week gain in five years. Media stories blame one culprit:...

WTI Crude – Oil Breakout from the Triangle

On the chart H1 OIL.WTI price follows an upward trend, as evidenced by the sequence of lows and highs. Another tool to help define...

OIL In The Spotlight. Price On The November Highs

The prices for oil futures definitely grow on Monday. Crude WTI + 3.36%, oil BRENT + 1.54%. Investors' decisions are  affected by  the upcoming...

WTI Oil – Triangle Pattern

Crude WTI moves inside a triangle formation which lasts from 5 October. Bullish movement that led to the current price situation began on September...

Crude oil (WTI) – near the purchasing zone

WTI crude oil price began to strengthen after reflection from the line -1/8, which in theory MM Lines is in the overbought area. Increases...

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