Brent oil may bounce more into $75.21-$76.21 range It is not very clear if the uptrend from $64.57 has resumed Published 09 Jul, 2021 10:40am
Markets US oil may bounce to $73.34 The fall could be broken down into three small waves Published 08 Jul, 2021 10:57am
Markets Brent oil may bounce into $74.40-$75.21 range The wave c and the wave a are roughly equal, as revealed by a projection analysis. Such a relation confirms the completion Published 08 Jul, 2021 10:52am
Markets Brent oil may retest support at $74.34 The fall observes a set of retracements on the rise from $70.95 Published 07 Jul, 2021 10:45am
Markets US oil faces resistance zone of $76.83-$77.29 Support is at $76.14, a break below which could cause a fall into $74.99-$75.48 Published 06 Jul, 2021 10:53am
Markets US oil may retest resistance at $76.14 The contract is riding on a wave C, which may extend to $77.29, as it briefly travelled above $74.99, its 138.2% projection level Published 05 Jul, 2021 10:33am
Markets Brent oil may retest resistance at $76.89 Even though oil failed twice to break the resistance, the uptrend looks steady within a rising channel, which suggests a target at $78.35 Published 05 Jul, 2021 10:30am
Markets US oil may retest resistance at $76.14 The contract is riding on a wave C, which may travel $77.29, as it shows no sign of completion around $74.99 Published 02 Jul, 2021 11:05am
Markets Brent oil may retest resistance at $76.89 On the daily chart, oil has resumed its rise towards $77.96 Published 02 Jul, 2021 11:01am
Markets Oil prices up more than 1% on demand picture, OPEC+ output plan OPEC+ to add 2mn bpd to market in August-December – source. Cushing inventories drop to lowest since March 2020 –EIA. Delta variant limits expectation for demand growth. Published 01 Jul, 2021 09:47pm
Markets Oil climbs while OPEC+ considers output increase WTI rose more than 10% in June, Brent more than 8%. Cushing inventories drop to lowest since March 2020 –EIA. Brent to average $67.48/bbl; WTI $64.54 in 2021 -Reuters poll. OPEC+ to add 2 mln bpd to market in August-December – source. Published 01 Jul, 2021 06:46pm
Markets US oil may break resistance at $74.14 Key support is at $72.70, a break below which could cause a fall into $71.28-$71.96 range Published 01 Jul, 2021 10:43am
Markets Brent oil may test resistance at $75.24 On the daily chart, oil has completed a pullback towards $73.50. It may have resumed its rise towards $77.96 Published 01 Jul, 2021 10:37am
Markets US oil may retest resistance at $74.14 The fall could also be interpreted as an accumulation of the bullish momentum to break a resistance at $74.89. Published 30 Jun, 2021 11:12am
Markets Brent oil may test resistance at $76 The contract may resume its rise towards $77.96. Published 30 Jun, 2021 11:09am
Markets Oil rises a second day as stockpiles fall, supply tightens Goldman forecasts that demand will rise by an a further 2.2 million bpd by the end of 2020, leaving a 5 million bpd shortfall in supply. Published 30 Jun, 2021 10:26am
Markets US oil may seek support at $71.96 On the daily chart, the correction is considered as an accumulation of the bullish momentum to break a resistance at $74.89. Published 29 Jun, 2021 11:21am
Markets Brent oil may seek support at $73.84 The current correction could be as deep as the one from the June 16 high of $74.96. Published 29 Jun, 2021 11:16am
Markets Oil slips after hitting highest since 2018 before OPEC+ talks OPEC and allied producers set to meet on July 1 Oil prices climbed for five weeks in a row Published 28 Jun, 2021 06:53pm
Markets Oil drifts near 2018 highs ahead of OPEC+ meeting OPEC and associated oil producers set to meet on July 1. OPEC+ may increase output by 500,000 bpd in Aug - ANZ, ING. US adds rigs for 11th month in row - Baker Hughes. Published 28 Jun, 2021 11:10am
Markets Brent oil may test resistance at $76 The correction on Thursday is regarded as a pullback towards this former resistance, now a support Published 25 Jun, 2021 10:52am
Markets Oil jumps to more than two-year high on US inventories Brent hits $75.66, highest since October 2018. OPEC+ meeting on July 1 set to discuss further easing of curbs. Coming up: EIA oil supply report, 1430 GMT. Published 23 Jun, 2021 06:32pm
Markets US oil may retest resistance at $73.57 The wave C is going to either have an explosive run or end very soon. Published 23 Jun, 2021 10:21am
Markets Brent oil may rise into $75.55-$76 range A further correction from the current level may be limited to $73.80. Published 23 Jun, 2021 10:17am
Markets Oil dips after hitting $75 a barrel on strong demand outlook Brent hits $75 a barrel for first time since April 2019. Rally supported by expectations for global demand recovery. OPEC+ discussing further gradual production increase. Published 22 Jun, 2021 09:33pm
Markets Oil rises on optimism of quick recovery in global demand Negotiations to revive the Iran nuclear deal took a pause on Sunday after hardline judge Ebrahim Raisi won the country's presidential election. Published 22 Jun, 2021 10:48am
Markets Oil prices firm on summer demand as Iran talks drag Iran nuclear talks paused after hardliner wins presidency. Oil prices on both sides of Atlantic up for four weeks. Pick-up in northern hemisphere travel boosts prices. Published 21 Jun, 2021 05:02pm
Markets US oil may test resistance at $72.70 The correction triggered by the resistance has almost been reversed. Published 21 Jun, 2021 10:13am
Markets Brent oil may retest resistance at $74.47 The rise may extend to the top of a presumed wave b around $74.47. Published 21 Jun, 2021 10:08am
Markets Oil edges up as Iran nuclear talks drag on ANZ said the election could delay the nuclear deal. Published 21 Jun, 2021 10:03am