Markets

Crude Oil (WTICOUSD) Price Live

48.095
03:21:54(GMT)
0.3350
(0.7%)*Daily Change

TECHNICAL SUMMARY

BUYMoving Averages
BUYTrend Indicators
NEUTRALNumeric Indicators
NEUTRALVolatility Indicators

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LATEST NEWS

2 days ago

Commodities Await Direction

Gold prices corrected a little bit over the last 24 hours but it was more of a move to the bottom of a tight range rather than a full fledged correction. The market is in a wait and watch mode as the US House gets ready to vote on the bill that will repeal Obamacare. … Continue reading Commodities Await Direction

Market Snapshot
3 days ago

Market Snapshot – Obamacare Repeal Vote in Focus

Trump’s Healthcare Vote in the Spotlight The U.S administration worked on garnering the necessary support through the day with news of progress providing support for the Dollar, though there’s plenty riding on the administration’s ability to be able to smoothly pass the bill through the house. The markets are taking Trump’s ability to pass through … Continue reading Market Snapshot – Obamacare Repeal Vote in Focus

3 days ago

Gold Bulls in Control But for How Long ?

Gold prices traded within a tight range for most of the day yesterday despite the rise in global risks and fall in some stock indexes around the world. We had a terrible terrorist attack in the UK yesterday which shook the world but the markets seem to have taken it well in their stride and … Continue reading Gold Bulls in Control But for How Long ?

U.S. Markets
3 days ago

Financial Markets Stable Ahead of Major U.S. Healthcare Vote

U.S. financial markets are stable early Thursday as investors are reacting to news that the chances of getting an Obamacare replacement bill passed by the House of Representatives improved late Wednesday. Reportedly, the White House is offering a late-minute change to the plan by dropping a set of minimum benefits health insurers are now required … Continue reading Financial Markets Stable Ahead of Major U.S. Healthcare Vote

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LATEST FORECASTS

Christopher Lewis

Crude Oil forecast for the week of March 27, 2017, Technical Analysis

WTI Crude Oil The WTI Crude Oil market fell during the week, but have quite a bit of volatility. It looks as if the $50 level above will continue to be resistive, so if we can break above there it would be a very bullish sign. However, I think the market will not get above … Continue reading Crude Oil forecast for the week of March 27, 2017, Technical Analysis

Christopher Lewis

Crude Oil Forecast March 27, 2017, Technical Analysis

WTI Crude Oil The WTI Crude Oil market initially tried to rally during the session on Friday, but found enough resistance to turn around and form a little bit of a shooting star. The shooting star of course is a sign of exhaustion but I see significant support near the $47 level. A breakdown below … Continue reading Crude Oil Forecast March 27, 2017, Technical Analysis

David Becker

Crude Oil Price Analysis for March 27, 2017

Crude oil prices were slightly higher on Friday supported by news that Saudi Arabia has reduced exports to the U.S. by about 300k barrels per day in March. Nonetheless, U.S. stockpiles remain at record levels, currently over 530 million barrels, as U.S. shale production offsets OPEC/NOPEC output cuts.  Additionally, active oil rigs have climbed every … Continue reading Crude Oil Price Analysis for March 27, 2017

James Hyerczyk

Crude Oil Update – Prices Firm as Saudis Cut Exports to U.S.

May West Texas Intermediate Crude Oil is trading higher on Friday, but inside yesterday’s range. The news that Saudi Arabia is cutting exports to the United States is helping to underpin the market. However, the global supply glut is capping the upside. Buyers came in early in the session after a report showed that Saudi … Continue reading Crude Oil Update – Prices Firm as Saudis Cut Exports to U.S.

All Crude Oil Forecasts

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