Oil prices gap down on the negative economic concerns.
The global risk aversion drove the prices for WTI and Brent down.
Tag - oil
Oil is sinking fast
The commodity is hurt by the uncertainty about the US-China trade tension and the future of global oil demand for the rest of the year.
5 important events this week will bring us!
Find out the main drivers for this week
Prices for oil rise
The price for WTI has risen to its highest levels since the beginning of May.
5 important events this week will bring us!
Hottest events for this week!
A great oil surge
As usual, the reason is hidden in US political games…
Trading plan for April 15
Let's consider the key levels for oil and USD/CAD
WTI met resistance
WTI oil formed a “shooting star” candlestick on W1 around 61.8% Fibonacci resistance of the October-December decline.
What may determine the direction of oil prices?
The fears about the global economic slowdown have deepened this week after the disappointing release of manufacturing PMI for Europe. Will this situation put an end to the bullish optimism in the oil market?
Trading plan for March 14
How to trade GBP/USD and oil today?
WTI oil may push higher
It looks like there’s a nice trade setup in WTI oil. The price rebounded from the 100-day MA in the 54.50 area last week.
Trading plan for March 6
Check out the levels of USD/CAD and oil ahead of the BOC monetary policy statement!
