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Topic

oils

Oil slips as debt talks pause

Oil slips as debt talks pause

Published 22 May, 2023 06:23am
HOUSTON: Oil prices reversed course to fall on Friday after US House Republicans and President Joe Biden’s...
US oil may fall to $64.71

US oil may fall to $64.71

Published 27 May, 2021 12:07pm
  • It may experience the last correction before overcoming this strong barrier and rising towards $71.93.
US oil may test support at $60.98

US oil may test support at $60.98

Published 21 May, 2021 12:30pm
  • The contract has broken a support at $62.13. The next support will be at $60.98, around which a bounce may occur, as this support will be stronger than the one at $62.13.
Brent oil may test support at $61.22

Brent oil may test support at $61.22

Published 08 Apr, 2021 12:53pm
  • On the daily chart, oil is consolidating around $62.91, the 38.2% retracement on the uptrend from $49.20 to $71.38.
Vopak joins queue to build LNG import terminal in Australia

Vopak joins queue to build LNG import terminal in Australia

Published 17 Mar, 2021 12:52pm
  • Vopak chose Victoria despite two other projects seeking approval in the state - one by top energy retailer AGL Energy and the other by Viva Energy which has a dock at Geelong, not far from Vopak's planned site.
US oil may revisit Feb. 26 low of $61.34

US oil may revisit Feb. 26 low of $61.34

Published 01 Mar, 2021 10:12am
  • A realistic target range could be from $60.58 to $61.20. Resistance is at $63.05, a break above which could lead to a gain to $63.44-$63.81 range.
Brent oil may retest support at $64.58

Brent oil may retest support at $64.58

Published 01 Mar, 2021 10:09am
  • This wave could either end around $66.29 or extend a lot to $85.17. Regardless of the ending point of this wave, a consolidation around $66.29 is ongoing.
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