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Crude oil prices edged higher for a second straight session, buoyed by falling US inventories and stalled Iraqi Kurdistan exports. – vtmarkets.com
Oil edge lower amid concerns of oversupply and weakening US demand. Inventory builds and IEA projections weigh heavier than global tensions. – vtmarkets.com
Crude oil gained ground after OPEC+ announced a smaller-than-expected production hike for October. Looming sanctions on Russia raised supply risk sentiment. – vtmarkets.com
Crude oil prices slid as traders reacted to reports that OPEC+ may consider lifting supply in October. – vtmarkets.com
WTI eases to $64.19 but remains set for a weekly rise as Russian supply risks counter softer demand outlooks. – vtmarkets.com
WTI drifts to $64.27 as traders weigh Russian supply threats against a choppy global backdrop. – vtmarkets.com
WTI steadies near $63.74 as fading hopes for a Russia-Ukraine cease-fire keep sanctions risk in focus. – vtmarkets.com
Key Points: WTI shows short-term bullish momentum, but faces key resistance at $67.733 and a more substantial test at $68.000. Supply increase is countered by geopolitical risk from potential US sanctions on Russian oil exports. A break above $67.733 signals …
After a four-month party fueled by relentless optimism, is the market about to face the August hangover? The market closed a strong July, with the S&P 500 and Nasdaq booking their fourth consecutive month of gains. Traders and investors alike …
Crude prices climb again after Trump’s ultimatum to Moscow. Traders brace for geopolitical risk and Fed policy cues. – vtmarkets.com
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