On Thursday, crude oil lost 1.49% and broke below two next supports, which doesn’t bode well for oil bulls. How low can the price of black go in the coming week?

• Read more

Wednesday’s session took the price of black gold under the major short-term support. What could be the consequences of this event in the coming days?

• Read more

On Tuesday, crude oil wavered between small gains and losses, but finally finished the day 0.20% above the Monday’s closure. Can this improvement be considered as the success of oil bulls?

• Read more

The first session of the week proved that despite the efforts of both the bulls and the bears, the lower line of the short-term rising trend channel and the combination of the previously-broken lines hold the price of black gold in a fairly narrow price range. When can we expect a bigger move in any direction?

• Read more

Although oil bulls took black gold higher during Friday’s session, their opponents showed quite quickly that they would not let them to take away the chance to form a pro-bearish candlestick formation and erased almost half of the earlier rebound. What’s next for the price of the commodity?

• Read more