Introduction Crude oil futures are attempting a small rebound as prices climb back toward $59.00. CL has been mainly moving sideways with the bears in slightly more control. In the previous analysis (19 November 2025), we highlighted that CL was stuck between the 50-day moving average and the $56–$57 support zone, with sellers maintaining control Read More…
Crude oil futures retreated on Thursday as markets weighed the growing probability of a ceasefire between Russia and Ukraine. This development could alter the global supply dynamics. The move reflects the market’s continued sensitivity to geopolitical shifts and more profound structural imbalances, highlighted by recent data. The recent decline was partially triggered by the larger-than-expected Read More…
Crude oil futures remain under pressure as WTI stays below $60.00 mark, slightly up from Wednesday’s close. However, the broader sentiment remains bearish as traders react to the reports that the US is endeavoring to broker a new peace deal with Russia. This could reshape the global oil supply. Even though the proposal appears beneficial Read More…
Introduction Crude oil futures (CL) have continued to consolidate since our previous analysis. Despite last week’s rebound from $56–$57 support, buyers have not been able to force a breakout above the 50-day moving average. Bears will be aiming for the lower support zone at $56, while bulls will be trying to push the price above Read More…
Introduction Last time we featured Geoffrey, a registered nurse who traded futures on the side and withdrew $13,000 in just six trading days. Since then, he’s continued his winning streak — his latest withdrawal added $14,000 in only six days, bringing his total withdrawals to $30,500. What makes this even more impressive? Geoffrey balances his demanding Read More…
Crude oil futures continue bearish momentum on Thursday, global demand weakens, revealed by rising US inventories, and mounting oversupply concerns next year. WTI crude oil slipped near 0.20% to trade below mid-58.00, extending previous session losses as markets reacted to bearish supply data. The latest API data revealed a 1.3 million barrel rise in the Read More…
