Crude oil markets have had a slightly positive session during the day on Thursday, but at this point it looks as if the 50-Day EMA above could cause some issues.
Crude oil traded marginally higher on Thursday as brightening prospects for the Chinese and U.S. economy have helped to keep prices of the critical commodity elevated.
Iraqi Kurdistan's oil exports decline, potentially ending premium on crude oil prices.
Oil futures briefly traded higher Wednesday after the Energy Information Administration reported the biggest weekly decline in U.S. crude supplies so far this year, but prices finished slightly lower
Crude inventories declined by 7.5 million barrels from the previous week.
The crude oil markets have rallied slightly during the trading session on Wednesday, as it looks like we are reaching towards the 50-Day EMA. This is an indicator that a lot of people will pay close a
Crude oil futures climbed to their highest levels in more than two-weeks on Wednesday as a decline in U.S. inventories and a disruption to Iraqi supply helped boost prices.
Geopolitical tensions boost WTI crude oil prices for third consecutive day.
Dan Yergin, vice chairman of S&P Global, discusses how the banking crisis and China's reopening have affected the oil market.
Oil futures finished at their highest in more than two weeks on Tuesday, with prices finding support from a pullback in banking concerns, strength in Chinese energy demand and news of a short-term oil

Oil Has Dropped Sharply. Its Next Move Is Key.

01:33pm, Tuesday, 28'th Mar 2023
If the commodity breaks below the low $70 range, it could open the door to more losses.
Kurdistan exports remain halted, which is bullish for oil markets.
Crude oil markets have done very little during the trading session on Tuesday, as we continue to see plenty of noise just above.
Oil futures traded marginally higher on Tuesday after clinching their highest settlement in two weeks due in part to reports about climbing Chinese oil demand.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb The Energy Word Founder Daniel Dicker discusses the rebound of oil futures amid the ongoing banking crisis and details the technical aspects that ar
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