Forecasts & Analysis | WTI Crude Oil

Between OPEC’s maneuvers, Russia’s export ban ripples, and Fed’s hawkish remarks, crude oil traders weigh the delicate balance of supply and demand.

With the fundamental roadblocks adding up, silver confronts a bearish outlook at nearly every turn.

The hawkish Fed and weak PMI reports from the EU put some pressure on the oil markets.

After an explosive start to September, Commodity prices have pulled back on routine end of quarter profit-taking as traders square up their positions – ready to capitalize on the markets next big move.

The big-picture outlook for gold remains favorable, and we see $2800 possible in 2024.

Crude oil markets have been very noisy during the course of the week, as we are starting to get extended.

Crude oil markets rallied again during the trading session on Friday as we continue to see a lot of supplying concerns out there.

Rising tensions from Russia’s fuel export ban and the U.S. Federal Reserve’s hawkish stance elevate oil price concerns and demand worries.

Oil markets are moving higher as traders focus on tight supplies.

Crude oil markets have initially fell during the trading session on Thursday but turned around to show signs of life. All things being equal, this is a scenario where we are trying to figure out whether or not we can continue the upward pressure.