FX.co ★ Analytics #CL | Crude Light Sweet Oil, Current Month Price

The oil market has once again taken center stage: prices are rising, but this growth does not resemble the onset of a new commodities rally. Brent is consolidating around $63...

[Crude Oil] With both EMAs position converging and moving between the bodies of the candlesticks, it confirms that #CL is in a sideways condition. However, the appearance of a Bearish...

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The final trading session of November was far from calm: a failure at CME Group disrupted trading across key futures—from commodities to currencies and bonds. This occurred just as American...

On Tuesday, WTI oil prices declined, retracing modest gains from the previous session, as traders reacted to reports of progress in U.S.-orchestrated peace negotiations between Russia and Ukraine. Recent headlines...

[Crude Oil] With the appearance of Bullish Divergence on the RSI indicator, there will be potential for limited strengthening on #CL, however, with the condition that the two EMAs...

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The price of West Texas Intermediate (WTI) crude oil remains under pressure, trading above the round $59.00 level. The market feels this pressure as participants assess mixed indicators regarding U.S...

[Crude Oil] With the EMA in a Golden Cross position and the RSI in the Neutral-Bullish level, then the potential for #CL to strengthen today is very promising. Key Levels...

On Wednesday, prices for West Texas Intermediate (WTI) crude oil plummeted, erasing all three days of gains and reaching a November low amid various fundamental factors. Expectations of an imminent...