Tag: oil
Crude Oil Price Tests Resistance – Forecast for March 12, 2025
Jennifer -
Crude oil prices have tested the $67.05 level once again and are consolidating below it, facing ongoing negative pressure from the EMA50. This suggests...
Brent Oil Price Attempts Recovery – Forecast for March 12, 2025
Jennifer -
Brent oil prices have risen past the $70.10 level, reaching the resistance line of the bearish channel identified on the chart. However, stochastic indicators...
Crude Oil Price Resumes Decline – Forecast for March 11, 2025
Jennifer -
Crude oil prices have experienced a strong downward movement, successfully reaching the first anticipated negative target at $65.25. This reinforces the expectation of continued...
Brent Oil Price Hits First Target – Forecast for March 11, 2025
Jennifer -
Brent oil prices have experienced a notable decline in recent sessions, successfully reaching the first expected negative target at $69.15. Starting today with a...
Crude Oil Price Forecast Update – March 7, 2025
Jennifer -
Crude oil prices are currently showing strong bullish momentum, approaching the $67.05 mark and attempting to break through this level. This movement signals a...
Brent Oil Price Forecast Update – March 7, 2025
Jennifer -
Brent crude oil prices have surged past the $70.40 mark, making an effort to maintain momentum above this level. A closer analysis of recent...
Crude Oil Price Faces Continued Losses – March 6, 2025 Forecast
Jennifer -
Crude oil prices saw a bullish bounce after reaching the extended target of $65.50 mentioned in previous reports. The price tested the resistance level...
Brent Oil Price Attempts Recovery – March 6, 2025 Forecast
Jennifer -
Brent oil prices experienced a noticeable upward bounce after testing the $68.70 level in previous sessions, driven by stochastic indicators showing positive momentum. The...
Crude Oil Price Shows Positive Momentum Despite Technical Signals (March 3, 2025)
Jennifer -
Crude oil price has shown signs of recovery, breaching the $70.30 mark and attempting to hold above it. This suggests an effort to halt...
Brent Oil Price Faces Resistance as Momentum Slows (March 3, 2025)
Jennifer -
Brent oil price is currently testing the key resistance level of $74.00, which forms a significant cluster of resistance on the chart. However, the...
Natural Gas and Oil Price Forecast: OPEC+ Decisions and Economic Dynamics Influence Market Outlook
Jennifer -
Market Overview: Oil prices are poised for their first monthly decline since November, with concerns about global economic growth and fuel demand fluctuations taking...
Crude Oil Price Tests Key Resistance at $70.30 – February 28, 2025 Forecast
Jennifer -
Crude oil prices have tested the critical resistance level at $70.30 but closed the day below it, maintaining stability under this threshold. The 50-day...