Brent crude oil prices saw a continued rise yesterday, surpassing the $72.06 level to reach the $73.00 mark. However, the 50-period Exponential Moving Average (EMA50) is proving to be a…
Oil Price
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West Texas Intermediate (WTI) crude oil prices have broken through a key symmetrical triangle support, signaling a bearish trend that could push the commodity lower. Technical analysis suggests the downward…
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Brent crude oil prices have dipped below the critical $72.06 mark, closing the latest daily session beneath it. This movement strengthens expectations for the continuation of the prevailing bearish trend,…
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WTI crude oil continues to experience a phase of consolidation, with price action confined within a symmetrical triangle pattern on its hourly chart. The commodity is testing key support levels…
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Brent crude oil prices opened lower today, reaching the initial target of $72.06. Analysts suggest that a breach of this level could pave the way for further declines, with additional…
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Brent crude oil prices closed below the key $73.00 mark, signaling a potential continuation of the bearish trend. The price is expected to test the $72.06 level, with a break…
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Brent crude oil prices saw a significant surge yesterday, breaking the $73.90 mark and closing above it, setting the stage for further gains in the coming sessions. Analysts are now…
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Crude oil prices experienced a decline on Monday, moving away from the $68.64 mark and reinforcing bearish market expectations. Analysts are now targeting a test of $67.00 as the next…
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Brent oil prices dropped into negative territory yesterday, testing the $72.06 mark. A break below this level could trigger a continued bearish trend in both the short and intraday outlook.…
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WTI crude oil is trading within a descending triangle pattern, marked by lower highs and firm support at $66.85 per barrel on the hourly chart. The price hovers near the…