Tag: oil
Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024
Jennifer -
Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...
Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024
Jennifer -
Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...
European Stocks Drop Following Hawkish Fed Signals
Jennifer -
European stocks experienced a sharp decline on Thursday, heading for their largest percentage drop in five weeks, as investors pulled out of riskier assets,...
Brent Oil Price Forecast Update – December 19, 2024
Jennifer -
Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact...
Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
Jennifer -
Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...
Brent Oil Price Receives Positive Momentum – Forecast for December 17, 2024
Jennifer -
Brent oil price is fluctuating around the critical support level of $73.90. As mentioned in yesterday's analysis, maintaining price levels above this support is...
Japan Stocks Lower at Close; Nikkei 225 Down 0.13%
Jennifer -
Tokyo, Japan – Japanese stocks ended lower on Tuesday, with the Nikkei 225 slipping by 0.13%, as losses in the Shipbuilding, Warehousing, and Precision...
Crude Oil Price Forecast – December 16, 2024
Jennifer -
Crude oil prices are displaying a slight bearish bias, approaching the key support level at $70.58. For the bullish trend to remain valid, the...
Brent Oil Price Forecast – December 16, 2024
Jennifer -
Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...
European Stock Markets Edge Higher Ahead of ECB Decision
Jennifer -
European stock markets showed slight gains on Thursday, as investors awaited the European Central Bank's (ECB) final monetary policy decision for 2024. At 03:20...
Brent Oil Prices Reach Target – Forecast for 12-12-2024
Jennifer -
Brent oil prices surged higher yesterday, successfully reaching the anticipated target of $73.90. The price is now testing the potential to break through this...
Crude Oil Prices Hit Target – Forecast for 12-12-2024
Jennifer -
Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...