WTI, BRENT PRICE, CHARTS AND ANALYSIS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter WTI FUNDAMENTAL OUTLOOK Crude Oil faced renewed selling pressure this morning as recession risks have once again reared their ugly head. WTI printed a low of $64.40 …
WTI and Brent Remain Under Pressure as Recessionary Fears Weigh Read More »
BRENT CRUDE OIL (LCOc1) TALKING POINTS Drop in weekly crude stocks unable to deter crude oil bears. Closure of major U.S. pipeline gives Brent welcome support. U.S. PPI and consumer sentiment in focus for USD. Recommended by Warren Venketas Get Your Free Oil Forecast BRENT CRUDE OIL FUNDAMENTAL BACKDROP Brent crude oil remains under pressure …
Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds Read More »
KEY POINTS: Recommended by Zain Vawda Get Your Free Oil Forecast Most Read: Crude Oil Forecast: EU Sets Russian Oil Price Cap at $60, OPEC+ Unchanged WTI FUNDAMENTAL OUTLOOK Crude Oil remains under pressure this morning printing a new YTD low following three consecutive days of losses. The recent price cap on Russian oil has …
WTI Crude Oil Slumps to Fresh Yearly Low amid Recessionary Fears Read More »
BRENT CRUDE OIL (LCOc1) TALKING POINTS Asian economic data unable to sway brent. Oil and gas strikes in Norway dent supply. BRENT CRUDE OIL FUNDAMENTAL BACKDROP Brent crude oil is trading lower this morning as recessionary fears trump traditional fundamental support influences. This morning brent crude received a barrage of supporting factors including PMI data …
Brent Tailwinds Outweighed by Recessionary Fears Read More »
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