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The FXGT Blog
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US OIL
12 April 2024
Rising Geopolitical Risks Spark Concerns Over Global Oil Supply Stability
Oil Price Movement: West Texas Intermediate (WTI) crude has spent the week consolidating sideways while holding above the key support at $85.00 per barrel
10 April 2024
Support at $85 Holds the Key to U.S. Oil's Bullish Sentiment
Since the start of April, U.S. oil prices have surged by 2.85%, showcasing a strong uptrend on the daily timeframe with moving averages aligned in a bullish configuration...
3 April 2024
WTI Crude Oil Hits Five-Month High
The start of the week marked a pivotal moment for crude oil prices, as they surged beyond the $83 barrier, marking a clear signal for trend continuation. After hitting th...
26 March 2024
WTI Crude Futures Reach $82 driven by Supply Disruption Fears
WTI crude futures reached $82 per barrel, elevated by ongoing supply concerns. The bullish momentum is highlighting the market's sensitivity to supply disruptions. Ukrain...
22 March 2024
US Oil Retesting Support of Previous Breakout level.
Yearly and March Performance: US crude oil prices have risen by 12% this year to reach a new four-month high, with a 3% increase since March's start,
15 March 2024
Crude Oil prices surge above $80 driven by supply constraints and increased demand expectations.
Crude oil prices have surged over 3% this week.