WTI Crude Oil: growth resumption

Current trend The oil price is rising again. In mid-July, the instrument reached a strong support level at 66.30, which was the lower border of the upward channel, after which…

WTI Crude Oil: a general analysis

Current trend This week, oil is trading within a narrow price range near local highs. At the moment, “black gold” has a high growth potential due to numerous supply disruptions…

WTI Crude Oil: staying in trend

Current trend Today, oil quotes continued to decline, and the price of WTI almost reached the lower limit of the ascending channel (62.70). The main catalyst for the decline was…

WTI Crude Oil: price is growing

  Current trend Yesterday WTI oil prices were growing, supported by the anticipation of the oil production limitation agreement prolongation, which is due to be signed on the OPEC meeting…