Oil fell by about 8% last week as tensions dropped in the Middle East. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $73.14, and WTI closed at $68.78. WTI is back to its falling channel which started in July. The double top pattern shows we can have more...

Iran and Israel disputes put more pressure on oil markets. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $78.85, and WTI closed at $75.44. You can see the mid-September uptrend channel on the 1h chart of WTI. The breakout pullback happened and it needs to pass above 78...

Oil was pumped up after hectic tensions in the Middle East. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $78.05 and WTI closed at $74.39. Brent’s coming resistances are shown on the chart. It’s not bad to take a look at WTI chart too. WTI price broke a...

Hectic events in the Middle East kept commodities turbulent. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $71.95 and WTI closed at $68.57. Gold also had a new record by closing above $2600 per ounce. Brent had a price gap but considering the regional tensions, it can move upward...

Brent recovered by about 4% this week and set the second straight weekly gain. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $74.68 and WTI closed at $71.19. As shown on 1h chart, price has been moving along the yellow support. Momentum is a little down and the...

Oil recovered slightly after 4 constant falling weeks. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $72.09 and WTI closed at $69.20. Revised supports are shown on the chart. A divergence is happening between volume and price movements. It can be a risky factor for bulls but at...

September started with a sharp fall for Oil pushing it below $70. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $71.47 and WTI closed at $68.08. The triangle, shown last week on the chart, broke downward by about 7%. The price is now on long-term support and there...

Oil closed August by about 5% decline. On Friday, Brent closed at $76.99 and WTI closed at $73.59. Watch crude oil technical analysis: Click for Special Bitumen Offer On 4h chart of Brent, you see a triangle forming the apex and the price is getting closer to the lower line. Considering the volume and RSI,...

Crude oil increased as Jackson Hole 2024 took place on August 22. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $79.05 and WTI closed at $74.91. WTI had about 2% growth only in two days while it was constantly falling in days before. On Brent's chart, a diversion...

At the end of the week, WTI had a big dip leaving a 3% gap on the chart. Watch crude oil technical analysis: Click for Special Bitumen Offer On Friday, Brent closed at $79.59 and WTI closed at $75.41. Brent moved below 61% fib level despite the decreasing US Rig count for multiple weeks.  Gold...