Mid-east Conflict and OPEC+ Restraint Hopes Preventing a Sharp Oil Correction – TDS

FXStreetOct 11 11:21 ET

Crude Oil Elliott Wave Technical Analysis [Video]

FXStreetOct 11 07:43 ET

WTI Flat Lines Around $75.00, Seems Poised to Register Gains for the Second Straight Week

FXStreetOct 10 22:20 ET

Update: WTI Crude Oil Moves Up as Israel Readies Its Response to Iran's Attack

MT NewswiresOct 10 14:38 ET

Oil Gains as Traders Monitor Middle East While Stockpiles Climb

Yahoo FinanceOct 10 01:35 ET

Reverse, reverse again and reverse again! What happened to the oil price roller coaster ride?

Affected by factors such as OPEC's plan to increase supply in December, the Brent crude oil price fell from over $90 in April to slightly below $70 in mid-September. Subsequently, following China's central bank's announcement of a "policy gift package" and intensified turmoil in the Middle East, oil prices reversed course with a weekly increase of over 9%. On Tuesday, China's National Development and Reform Commission held a press conference, but as the tensions in the Middle East did not escalate as expected, oil prices reversed again with a sharp 5% drop on Tuesday.

wallstreetcnOct 9 23:57 ET