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Topic

asia oil

Oil slips ahead of US jobs report

Oil slips ahead of US jobs report

Published 03 Sep, 2021 09:57am
  • US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.3%, to $69.75 a barrel at 0200 GMT, while Brent crude futures fell 13 cents, or 0.2%, to $72.90 a barrel
US oil may rise to $67.48

US oil may rise to $67.48

Published 24 Aug, 2021 11:03am
  • Oil could be rising towards the peak of a wave b at $69.62 or the peak of the wave (b) at $74.21
US oil may keep bouncing to $68.49

US oil may keep bouncing to $68.49

Published 17 Aug, 2021 10:40am
  • On the daily chart, oil failed to break a support at $66.44 again. Trending signals are rather mixed, as the tug of war between bulls and bears around $66.44 has not ended
Brent oil may fall to $69.07

Brent oil may fall to $69.07

Published 16 Aug, 2021 12:32pm
  • This relation, along with the deep fall from the Aug. 12 high of $71.90, suggests a completion of the bounce
US oil may retest resistance at $69.30

US oil may retest resistance at $69.30

Published 13 Aug, 2021 11:41am
8 The contract could be riding on a wave (d), the fourth wave of a presumed wedge developing from the July 6 high of $76.98. Three smaller waves make up this wave
Brent oil may retest resistance at $71.85

Brent oil may retest resistance at $71.85

Published 13 Aug, 2021 11:38am
  • Three smaller waves make up this wave. The current wave c has briefly travelled above its 76.4% projection level of $71.85. Chances are it may extend to $72.71
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