Crude Oil Could Be Next – TDS

The notable declines in commodity demand expectations continue to threaten the energy complex although CTAs still hold substantial ammunition to deploy on the offer, TDS senior commodity strategist Daniel Ghali note.

FXStreetJul 18 10:35 ET

Brent Oil Price Trends Upward Amid Positive Market Signals

Brent crude oil has reached $85.40, marking a continued increase over two consecutive sessions. This upward trend is primarily supported by recent US energy inventory statistics, which showed a significant decrease of 4.87 million barrels against an anticipated decline of 0.8 million barrels.

BenzingaJul 18 09:43 ET

WTI Consolidates in a Narrow Band Near Weekly Top, Holds Above Mid-$81.00s

West Texas Intermediate (WTI) US crude Oil prices build on the previous day's solid rebound from the 50-day Simple Moving Average (SMA) support and climb to a fresh weekly peak during the Asian session on Thursday.

FXStreetJul 17 22:55 ET

Crude Prices May Be on the Cusp of a Breakdown – TDS

Downside pressures for Crude oil continue to grow as physical demand trends continue to deteriorate. Crude prices may be on the cusp of a breakdown, TD Securities Senior Commodity Strategist Daniel Ghali suggests.

FXStreetJul 17 10:47 ET

Crude Oil Extends Declines on Chinese Demand Concerns, WTI Falls Below $80

WTI tumbled below $80.00 per barrel as Crude Oil bids crumble.

FXStreetJul 16 17:47 ET

Crude Oil Is on a Brink of a Turn – TDS

Crude oil markets could be about to break down. A downtape could now force trend-followers to liquidate a massive -40% of their max size, TDS senior commodity strategist Daniel Ghali notes.

FXStreetJul 16 11:01 ET