Tag: oil
U.S. Stocks Rally, Dow Jones Up 0.91%
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U.S. stocks closed higher on Tuesday, buoyed by strong gains in the Consumer Goods, Consumer Services, and Financials sectors. The Dow Jones Industrial Average...
Taiwan Stocks Close Higher; Taiwan Weighted Index Up 0.07%
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Taiwan's stock market closed higher on Wednesday, buoyed by gains in the Electronic Products Distribution, Machinery, and Rubber sectors. The Taiwan Weighted Index rose...
Brent Oil Price Faces Temporary Pressure, Sideways Movement Expected – Forecast for Today – 24 December 2024
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Brent oil prices experienced a decline yesterday, reaching the 72.06 support level, before rebounding to trade around the 73.00 mark. The price may test...
Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024
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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
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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
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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
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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)
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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
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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%
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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
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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
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Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...