Oil traders use the recent pullback as an opportunity to increase their long positions.

Crude Oil's Slide Continues

12:31pm, Monday, 05'th Feb 2024
Futures are pulling back from last week's gains. Tamar Essner discusses this as crude oil's (/CL) slide continues.
Max Layton, Citi global head of commodities research, joins 'Money Movers' to discuss why events in the Red Sea haven't had a major impact on oil prices, how significant the oversupply is in the oil m
Oil futures fell early Monday, extending the previous week's steep decline, as traders looked past a series of retaliatory strikes on Iran-backed militants by a U.S.-led coalition over the weekend.
Oil prices weaken due to a strong U.S. Dollar and Fed's hawkish stance, while Middle East tensions alert traders to potential supply disruptions.
Oil prices stabilised in early Asian trading on Monday after sharp falls last week, amid continued attempts to reach a ceasefire in the Israel-Palestinian conflict even as the U.S. planned new strikes
Look for crude oil's bearish trend to continue based on Fed rate cut speculations, Middle East peace, OPEC+ output, and China's slowdown.

Geopolitics and Oil: How Much Risk?

08:07pm, Friday, 02'nd Feb 2024
So far traders have not driven up the price of oil after this past week's drone attack on U.S. forces in Syria. But as Middle Eastern tensions rise, so too does the risk premium.
Crude oil markets have fallen during the week as we continue to see a lot of volatility. However, there is a massive amount of support just below that I do think comes into the picture and gets market
The strong rebound in Treasury yields puts additional pressure on oil markets.

Crude Oil On Pace For Substantial Weekly Loss

11:53am, Friday, 02'nd Feb 2024
Crude oil (/CL) is on pace for a substantial weekly loss. Carley Garner discusses this, as well as China's impact on crude oil futures.
You can see that we have a lot of downward pressure in the crude market during the day as it looks like inflation is going nowhere in the United States.

Oil prices on track for weekly drop

08:04am, Friday, 02'nd Feb 2024
Oil futures were little changed early Friday, leaving them on track for weekly declines after a selloff the previous session sparked by news reports citing Qatari officials that indicated an Israel-Ha
As geopolitical tensions and economic forecasts sway the markets, Natural Gas eyes a crucial $2.0397 level, while Oil prices find solace in OPEC+ stability.

Oil prices gain after OPEC+ maintains output cuts

09:11pm, Thursday, 01'st Feb 2024
Oil prices rose in early trade on Friday following a decision by OPEC+ to keep its oil output policy unchanged, clawing back some losses from the previous trading session triggered by unsubstantiated
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