WTI Crude Oil Bearish Channel Signals Potential Drop Towards Key Support at $55
CRUDE OIL was closed on Friday at weekly lower levels after testing the high level of $ 77.27 in the same weekly trading session as posted their sharpest weekly declines in years as geopolitical risk premiums faded. Trump has sent mixed signals about his pressure campaign on Iran’s oil revenues, admitting US sanctions have done little to stop China’s purchases.
Recent News
US Tech 100 Forms Bearish Flag – Breakdo...
July 11, 2025
Market Insights
Gold Surges Past $3,000 Amid Geopolitica...
March 18, 2025
Market Insights
Gold price consolidates within a tight r...
March 10, 2025
Market Insights
Oil Prices Plunge to Multi-Year Lows Ami...
April 30, 2025
Market Insights
Dow Jones at a Crossroads Resistance Hol...
April 24, 2025
Market Insights
NASDAQ tumbles sharply from its all time...
February 27, 2025
Market Insights
