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Russia

Russia – Ukraine One Year of Conflict Boosts WTI & Brent

Oil Talking Points: WTI Crude Oil searches for resistance above $70 per barrel. Brent Crude finds support above $80.00 Russia, Ukraine conflict reaches one year mark, adding pressure to the oil trajectory over the next year. Recommended by Tammy Da Costa Get Your Free Oil Forecast Today marks the one-year anniversary since the invasion of …

Russia – Ukraine One Year of Conflict Boosts WTI & Brent Read More »

Crude Oil Price Pumps Higher as China Eases Restrictions and Russia is Forced to the High Seas

Crude Oil, WTI, Brent, Russia, China, Backwardation, Volatility, OVX Crude oil prices are eyeing a topside run toward the March peak China is easing restrictions that could release pent up demand Price action is looking north but structural issues may stall WTI Crude oil has surged to 3-month highs as a number of factors over …

Crude Oil Price Pumps Higher as China Eases Restrictions and Russia is Forced to the High Seas Read More »

Crude Oil Dips on OPEC Plans to Ditch Russia and US Dollar Firms. New Highs for WTI?

Crude Oil, US Dollar, Hang Seng, China, AUD/USD, PMI, BoC – Talking Points Crude oil prices lost ground with Biden-Powell meeting boosting USD Australian GDP paints a rosy picture, but not for the Aussie Dollar China PMI is sluggish but global demand for oil remains. Will it go higher? Crude oil unwound yesterday’s gains after …

Crude Oil Dips on OPEC Plans to Ditch Russia and US Dollar Firms. New Highs for WTI? Read More »

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