Brent oil gloves
10 JAN clock 13:46

Mid-Week Technical Outlook: Oil waits for fundamental spark

It has been a choppy affair for oil prices thanks to a combination of fundamental forces.
Brent oil eases lower on "death cross"
27 DEC clock 13:03

Brent oil eases lower on "death cross"

Brent's 50-day simple moving average (SMA) is in the midst of crossing below its 200-day counterpart. Such a technical event tends to signal price declines ahead. However, fundamental forces may yet offset such potentially bearish technical signals.
Oil prices pip
07 DEC clock 13:26

Brent rebounds from 5-month low but bears linger

Oil prices staged a small rebound on Thursday after diving 3.8% in the previous session to its lowest level since June 2023.
30 NOV clock 11:23

Brent advances ahead of OPEC+ decision

Oil extended gains on Thursday as market focus shifted towards the OPEC+ meeting that was postponed from last week due to internal disagreements.
Oil slide
08 NOV clock 13:15

Mid-Week Technical Outlook: Oil closes below 200-day SMA

Oil struggled on Wednesday after sliding more than 4% in the previous session to levels not seen since July.