Oil Mixed, Proceeds with Caution Over Emerging Signs of Supply Tightness
On the technical front, Brent RSI stood at 81.854 the current price is trading Above All the Moving Averages . So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL- BRENT – BUY 61.50, TARGET:62.10, STOP LOSS:.61.25.
Checkout the link to read full article
https://www.capitalstreetfx.com/en/oil-mixed-proceeds-with-caution-over-emerging-signs-of-supply-tightness/
#BentCrude #CrudeOil #OilPrice #BentCrudeSignals #TradeSignal #TradeSuggestion #CommodityAnalysis #CommoditySignals
On the technical front, Brent RSI stood at 81.854 the current price is trading Above All the Moving Averages . So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL- BRENT – BUY 61.50, TARGET:62.10, STOP LOSS:.61.25.
Checkout the link to read full article
https://www.capitalstreetfx.com/en/oil-mixed-proceeds-with-caution-over-emerging-signs-of-supply-tightness/
#BentCrude #CrudeOil #OilPrice #BentCrudeSignals #TradeSignal #TradeSuggestion #CommodityAnalysis #CommoditySignals
Capital Street FX
Oil Mixed, Proceeds with Caution Over Emerging Signs of Supply Tightness - Capital Street FX
Oil was mixed Tuesday morning in Asia, with caution creeping into the market even as hopes for a strong rebound in fuel demand continue. Brent Oil Futures inched down 0.03% to $61.20 while WTI Futures inched up 0.02% to $58.37. There are signs of supply…
OIL PRICES CLIMB ON UPGRADE TO IEA DEMAND FORECAST
Brent Oil was trading 1.13% up at $84.22.
Oil prices rose by about 1% on Thursday after the International Energy Agency said that record natural gas prices will boost demand for oil and top oil producer Saudi Arabia dismissed calls for additional OPEC+ supplies.
Brent crude futures gained 87 cents, or 1.1%, to $84.05 a barrel by 1010 GMT after falling 0.3% on Wednesday. U.S. West Texas Intermediate (WTI) crude futures climbed 77 cents, or 1%, to $81.21, more than recouping the previous day’s 0.3% decline.
Brent Oil, RSI Stood at 72.428, the current price is trading Above All the Moving Averages. So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL-Brent Oil– Buy: 84.20, TARGET:-90.20, STOP LOSS:- 81.20.
https://www.capitalstreetfx.com/en/oil-prices-climb-on-upgrade-to-iea-demand-forecast/
#CrudeOil #Crudeoilforecast #BentCrude #Wti #CommodityAnalysis
Brent Oil was trading 1.13% up at $84.22.
Oil prices rose by about 1% on Thursday after the International Energy Agency said that record natural gas prices will boost demand for oil and top oil producer Saudi Arabia dismissed calls for additional OPEC+ supplies.
Brent crude futures gained 87 cents, or 1.1%, to $84.05 a barrel by 1010 GMT after falling 0.3% on Wednesday. U.S. West Texas Intermediate (WTI) crude futures climbed 77 cents, or 1%, to $81.21, more than recouping the previous day’s 0.3% decline.
Brent Oil, RSI Stood at 72.428, the current price is trading Above All the Moving Averages. So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL-Brent Oil– Buy: 84.20, TARGET:-90.20, STOP LOSS:- 81.20.
https://www.capitalstreetfx.com/en/oil-prices-climb-on-upgrade-to-iea-demand-forecast/
#CrudeOil #Crudeoilforecast #BentCrude #Wti #CommodityAnalysis
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Oil prices climb on upgrade to IEA demand forecast
Brent crude futures gained 87 cents, or 1.1%, to $84.05 a barrel by 1010 GMT after falling 0.3% on Wednesday. U.S. West Texas Intermediate (WTI) crude futures climbed 77 cents, or 1%, to $81.21