WTI Crude Oil Surges 22.7% Above 200-Day Average, RSI Flags Overbought Conditions
WTI crude oil has surged 22.7% above its 200-period average, trading at $105.66 on the 5-hour chart with price stacked…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold’s Bear Flag Tests $4,355-$4,372 Resistance Zone
Gold trades at $4,341.37 on the 5-hour chart, sitting just below the $4,355–$4,372 resistance zone as a bear flag pattern…
Oil tops $105 as Saudi Arabia cancels crude cargoes after pipeline shutdown
Oil prices jumped Tuesday after Saudi Arabia reportedly cancelled some September crude cargoes following a drone strike that shut its…
Brent Crude Tops $106 as Tanker Strikes and Inflation Data Push Fed Hike Odds to 64%
Brent crude topped $106 a barrel on Thursday after U.S. strikes on Iranian oil tankers, and traders pushed the odds…
Oil tops $106 as Saudi pipeline halt and Libya outages stoke supply fears
Oil surged past $106 a barrel on Tuesday after Saudi Arabia suspended loadings at its Red Sea port of Yanbu…
