Crude Oil Price Update – Unexpected EIA Drawdown Sends Prices Sharply Higher. Based on the early price action and the current price at $54.56, the direction of the December WTI crude oil market the rest of the session on Wednesday is likely to be determined by trader reaction to the uptrending Gann angle at $54.39. 12 hours ago. Crude Oil Price Update – Trend Up, Momentum Down; Important Support Zone $53.91 to $53.19 If $53.91 fails as support then look for the selling to possibly extend into the short-term Fibonacci level at $53.19. This is a potential trigger point for an acceleration to the downside. Oil slides again, squeezed between coronavirus demand hit and price war bite 4hrs ago - Reuters Australia stocks drop more than 7% with Asia markets mostly lower; Fed cuts rates to zero 7hrs ago Crude Oil Price Forecast Key Points: The ONE Thing: Demand concerns are not going away. Institutions per the CFTC are reeling in their bullish exposure, and Wednesdays nearly 4% drop will likely Access our recent Crude Oil Fundamental Forecast here WTI crude oil is opening week in the green with front - month contracts of WTI & Brent trading at $70.95/bbl & $77.87/bbl respectively.

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25 Jan 2020 Crude oil prices have plunged amid fears that a coronavirus outbreak will derail a cautious rebound in global economic growth. They may not  4 Mar 2020 Crude Oil Highlights: WTI oil cratered through 2016 trend-line, near December 2018 low; Brent oil trading around that 2018 low, a break to spell  12 Dec 2019 Brent crude also has the 200-day MA running down on it. WTI oil running into a pair of trend-lines inside channel. WTI crude oil sprinted higher 

9 Mar 2020 Oil prices saw a record drop at the open, plunging as much as 30% with Brent crude futures hitting a low of $31.05 and WTI crude futures falling 

NBAD morning news summary //www.dailyfx.com WTI crude for April delivery lost 55 cents to $32.84 a barrel on the New York Mercantile Exchange by 7:35 a.m. Abu Dhabu time. The March contract rose $1.84 at $31.48 Monday,

Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools

14 Feb 2020 Crude oil prices didn't move far in Asia's Friday but the commodity king is set for a stronger week as the coronavirus has markets looking for  10 Sep 2019 Crude oil prices may get a boost if Iran-US tensions continue to escalate as Tehran pushes the legal parameters outlined in the 2015 nuclear  17 Feb 2020 Crude oil prices clocked up their first weekly rise of the year and are holding gains as the markets weigh hopes for deeper OPEC output cuts  25 Jan 2020 Crude oil prices have plunged amid fears that a coronavirus outbreak will derail a cautious rebound in global economic growth. They may not  4 Mar 2020 Crude Oil Highlights: WTI oil cratered through 2016 trend-line, near December 2018 low; Brent oil trading around that 2018 low, a break to spell 

12 hours ago. Crude Oil Price Update – Trend Up, Momentum Down; Important Support Zone $53.91 to $53.19 If $53.91 fails as support then look for the selling to possibly extend into the short-term Fibonacci level at $53.19. This is a potential trigger point for an acceleration to the downside.

7 Mar 2020 You can let us know via the form at the end of this piece or via Twitter @ nickcawley1. DailyFX provides forex news and technical analysis on the  10 Mar 2020 Crude oil prices may continue to face severe liquidation pressure along with the petroleum-linked Norwegian Krone as it trades against the US  9 Mar 2020 Gold prices struggled to build higher despite a dramatic 

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