Oil markets need additional positive catalysts to test new highs.
Oil markets are swinging between gains and losses as some traders are taking profits off the table near multi-week highs.
With WTI nearing $81.50, the unexpected rise in U.S. crude inventories fuels concerns about ongoing sell-off pressure in the oil market.
Oil traders take some profits off the table near multi-week highs.
Oil markets are moving higher as traders bet on strong demand.
WTI Crude Oil approaches $79.50, with an upward channel suggesting potential for continued bullish momentum and increased buying interest.
W&T briefly fell below $2 on Friday, its lowest level since November 2020. The oil prices and the company's fundamentals are significantly better now compared to the pandemic period. The selloff appea
Oil prices are moving higher as traders bet on strong demand for oil in the second half of the year.
With WTI Crude Oil reaching $78.15, strong demand forecasts and steady interest rates suggest bullish momentum. Is it time to buy?
Oil prices are stabilizing after the strong rebound from June lows.
Crude stockpiles surged unexpectedly, causing WTI to slip to $78.25. What does this mean for future oil and gas prices?
The bearish EIA report did not put pressure on the oil markets.
OPEC maintained its global oil demand growth forecast for 2024.
Goldman Sachs analysts have set a $86 price target for Brent oil in the third quarter.
Oil prices rise to $75.76 on anticipation of higher summer fuel demand, despite the impact of a stronger U.S. dollar.
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