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Tag: WTI

WTI – direction south

WTI has retraced from the highs made in April and has been stabilizing near $61.00 a barrel. News that two Saudi oil tankers were damaged from an attack led to […]

WTI Crude Oil – tactical sell

WTI is playing around  63.30 during the early Asian session this morning.  A day earlier, the EIA released the US crude oil stock report (dated to the week of April […]

WTI Crude oil – time to retreat ?

Impressive crude rally is about to end, in my opinion. Trump continues his Twitter attacks on OPEC though the effect is less and less visible. Yet, it is one of […]

WTI price action

Crude price rally became a major surprise for many  fundamental analytics due to unexpected combination of several factors. Crisis in Venezuela and supply outages, US sanctions affecting Venezuelan and Iranian […]