Forecasts & Analysis | WTI Crude Oil

Oil markets are moving higher as demand for riskier assets grows.

Crude oil markets initially plunged during the course of the week, only to turn around and show signs of life again. Ultimately, it looks as if we are trying to find some type of bottom for a bigger move.

Crude oil markets have rallied on Friday again, showing signs of strength in what has been a tight consolidation region.

WTI, Brent crude oil prices show strength despite headwinds from rising interest rates, as supply drawdown and OPEC+ cuts drive gains.

Oil markets continue to rebound from recent lows as traders shrug off recession worries.

Crude oil markets have been somewhat quiet during the trading session on Thursday, as we wait to see what the next move is.

In the 2nd part of this analysis, we discuss more about the global perspective of the mutiny, China’s strategic POV, and oil market’s role in the current economic health.

WTI crude oil prices decline on profit-taking and rate hike concerns, compounded by weak Chinese data.

Oil markets gained strong upside momentum as U.S. crude inventories declined by 9.6 million barrels.

A recent mutiny in Russia has sent ripples through the geopolitical landscape. This article delves into the intricate details of the event, its implications, and the aftermath.