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In energy markets, crude oil futures were off more than 8% to trade below $96 a barrel as commodities remain under pressure amid investor fears of a global recession.
Based on the current price at $69.01, the direction of the October WTI crude oil market today is likely to be determined by trader reaction to the Fib level at $68.46. A sustained move over $68.46 ...
The key level to watch over the near-term is $60.37. This top was put in on September 16, during the height of the attacks on the Saudi oil production. At that time, prices spiked higher due to ...
Based on the recent price action, the direction of the November WTI crude oil futures contract for the week is likely to be determined by trader reaction to the Fibonacci level at $70.86.
The key level to watch is the long-term 50% price at $41.72. Holding above this level will signal the presence of strong buyers. Crude Oil Price Update – Short-Term Bullish Over $42.29, Long ...
Based on the early price action and the current price at $24.03, the direction of the May WTI crude oil market on Wednesday is likely to be determined by trader reaction to the pivot at $24.50.
Stock market news live updates: Stocks stage a rebound as oil prices slide ... it really is going to be something that we have to watch." ... Brent crude oil prices dropped more than 12% to trade ...
The battleground over the near-term is likely to be $62.29 to $63.47. This zone is essentially controlling the short-term direction of the market.