West Texas Intermediate (WTI) US crude Oil prices attract fresh sellers on Friday and erode a part of the previous day's modest recovery gains from the vicinity of the weekly low.
WTI fails to build on the overnight recovery and meets with a fresh supply on Friday. Bearish traders need to wait for a break below the weekly low, around 75.70-$75.65. A sustained move and acceptance above 200-day SMA will negate the negative bias. West Texas Intermediate US crude Oil prices attract fresh sellers on Friday and erode a part of the previous day's modest recovery gains from the vicinity of the weekly low.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
Commodities Technical Analysis WTI
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WTI slides below $78.00 mark, rising Middle East tensions to limit deeper lossesWest Texas Intermediate (WTI) US crude Oil prices tick lower during the Asian session on Tuesday and for now, seem to have snapped a four-day winning streak to a three-week top, around the $78.75-$78.80 area touched the previous day.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin sets for decline following close below $52,000 markBitcoin (BTC) and Ethereum (ETH) retested their major support levels on Monday; a break below these levels could signal a bearish trend ahead, while Ripple (XRP) closed below its key support level, indicating a likely bearish outlook in the coming days.
Read more »
Silver Price Analysis: XAG/USD slides further below $28.00, lowest since May 9Silver (XAG/USD) remains under heavy selling pressure for the second straight day on Thursday and dives to its lowest level since May 9, around the $27.80 region during the Asian session.
Read more »
GBP/USD Price Analysis: Slides below 1.3000 despite solid UK dataThe Pound Sterling reversed its course on Thursday against the Greenback, even though UK data was solid, while the US jobs market shows signs of weakness.
Read more »
Silver Price Prediction: XAG/USD rebounds from multi-month low, not out of the woods yetSilver (XAG/USD) stages a goodish recovery from the $26.45 area, or a three-month low touched during the Asian session on Thursday and for now, seems to have snapped a three-day losing streak.
Read more »
Shutting Down Coal & Gas By Steps, Slides, & Substitutions – India Utilities Seminar Transcript & SlidesThe latest installment of my India utilities seminar series was on the strategic reduction of coal's negative externalities while ensuring a reliable grid.
Read more »