WTI CRUDE OIL overview
WTI CRUDE OIL
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antreas_exness has published a new analysis.
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Timeframe : Daily - Simple chart
Oil prices have increased for a second day, with West Texas Intermediate nearing $68. This surge follows China's announcement of measures to stimulate consumption, including stabilizing stock and real
WTI CRUDE OIL
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antreas_exness has published a new analysis.
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Oil prices fell on Monday due to concerns about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers. U.S. West Texas Intermediate
WTI CRUDE OIL
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antreas_exness has published a new analysis.
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Opec+ has decided to increase oil production from April, a move that caused crude prices to drop. This decision was unexpected as the group had previously delayed such plans in which the increase will
WTI CRUDE OIL
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SBernukhov_Exness has published a new analysis.
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Crude oil is under pressure as political narratives drive it lower. The $70 area is a fair price according to the supply/demand estimate from the Energy Administration of the United States.
The
WTI CRUDE OIL
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antreas_exness has published a new analysis.
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Hedge funds have become less optimistic about crude oil, reducing their net-bullish bets for the fourth consecutive week, with net-long positions for US marker West Texas Intermediate reaching their
WTI CRUDE OIL
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antreas_exness has published a new analysis.
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Oil prices rallied in January due to sanctions on Russia's oil trade and falling commercial oil inventories, but fell in February due to concerns over potential trade wars and their impact on economic
WTI CRUDE OIL
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ibrahim84 has published a new analysis.
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Timeframe : 4H - Chart + Price target(s)
The price has completed wave 2 and is starting wave 3, with targets of 75.50, 77.80, and 80.
invalidation level is 71.
WTI CRUDE OIL
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antreas_exness has published a new analysis.
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Oil prices rebounded despite concerns over potential trade wars due to Trump's tariff plans on steel and aluminum imports. China's retaliatory tariffs on some U.S. exports are set to take effect,
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