WTI Crude Oil Bearish Channel Signals Potential Drop Towards Key Support at $55
CRUDE OIL was closed on Friday at weekly lower levels after testing the high level of $ 77.27 in the same weekly trading session as posted their sharpest weekly declines in years as geopolitical risk premiums faded. Trump has sent mixed signals about his pressure campaign on Iran’s oil revenues, admitting US sanctions have done little to stop China’s purchases.
Recent News
Dow Jones Forms a Bullish Pennant Testin...
May 06, 2025
Market Insights
EUR/USD stays pressured toward 1.0800 am...
March 21, 2025
Market Insights
Gold price sticks to modest intraday gai...
November 27, 2024
Market Insights
Gold View.
October 18, 2024
Market Insights
Gold hits $3,360 on Fed cut bets with 1H...
August 13, 2025
Market Insights
Gold Tests Key Resistance at $2930 Amid...
March 06, 2025
Market Insights
