Crude oil prices remain steady on Thursday, stuck in a volatile deadlock between rising tensions in the Middle East and a massive surplus in US stockpiles. Brent futures, used as a global benchmark, are around $71.00 a barrel, while West Texas Intermediate (WTI) traded around $65.50. Traders are currently adding a hefty “war premium” to Read More…
Crude oil prices have settled down after a sharp rise due to geopolitical events. Brent is trading above $70, with WTI above $65. The recent uptick stems from the reports that the US could take military action against Iran in the near future and that Iranian and Russian naval forces were holding extended drills in Read More…
Introduction A professional trader used to say, ‘Money never sleeps.’ The same goes for the support at OneUp Trader, which operates 24 hours a day, 7 days a week. When you’re trading and want to get funded, support matters. Problems don’t wait for business hours, and neither does the market. That’s where OneUp Trader stands Read More…
Introduction Crude Oil futures have rebounded from the $55 support zone and are now pushing into the mid-$60s. The move higher marks a clear shift in the short-term trend, but the bigger picture remains more complex as CL has struggled to find clear bullish power. The range-bound price action in the longer term has meant Read More…
Crude oil futures edge higher on geopolitical jitters, with WTI near $65 and Brent around $70 per barrel. This follows a choppy period as markets weigh near-term risks against the backdrop of oversupply. Tensions between the US and Iran still drive prices in the short term. Talks of possible US military actions in the Middle Read More…
Introduction Light crude oil futures remain in recovery mode after rebounding sharply from long-term support in the mid-$50s. Price has reclaimed the $60 handle and is now consolidating just below the 200-day moving average. This marks a shift in behavior from persistent selling to selective buying. The market is no longer in a breakdown phase, Read More…
