Closing prices: 01 08 / Rev. 01 09 2025 - Oil Prices Dip as U.S. Crude Supplies Fall, Product Stocks Risk ow.ly/H6TQ50UCpXQ #OilPrices #CrudeSupplies #ProductStocks #EnergyMarket #OilIndustry #USCrude #MarketTrends #EnergyNews #OilAndGas #EconomicUpda
#WTI drops 2%, RBOB -1.19%. #UScrude hits record 13.513M bpd, but stocks are 5% below average. Watch Dec 5 #OPEC+ meeting for potential 180K bpd delay.
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Oil prices continued their rise after consolidating near the middle band line. Despite oil's rising streak, investors will still be waiting for the OPEC+ meeting scheduled for June 2, and On Friday the US PCE Price Index data for April
#oil #wti #uscrude #xtiusd #tradingview
Monday oil prices showed recovery continuing Friday's gains. WTI oil price rose from a low of 77.37 to a high of 78.58. This week, investors will focus on the United States' core PCE price index data for April and the Eurozone's preliminary inflation data for May
#oil #uscrude #cfdtrading
Yesterday, oil prices continued their decline and drew a bearish candlestick amid hawkish statements from Fed officials regarding keeping interest rates higher for longer.
US oil supplies increased this week by 2.48 million barrels at the end of May 10 according to API
#uscrude
Last week, WTI oil was traded below the price level of 80. On Monday, the market may turn its attention to the monetary policy of the People's Bank of China (PBoC), which is expected to remain dovish because the economy is recovering.
#oil #WTI #XTIUSD #UScrude #tradingview
Oil prices plunged after breaking the psychological level of 80.00.
According to CNBC, the fall in oil prices was caused by increasing US oil inventories and the Fed's hesitation in cutting interest rates.
#oil #wti #uscrude #xtiusd #tradingview #cfdtrading
Analyzing the price of US Crude oil via Ticktrader FXOpen, even though it had risen to a high of 79.12, the price of oil was again under pressure and returned to 76.67. This may just be a profit-taking action on oil speculation.
#oil #oilprice #uscrude #wti #ticktrader #fxopenint
