WTI Turn Inflection for Demand Downturn
Crude Oil (CRUDE OIL COMDTY) rise off the April low with June new highs are are not being confirmed by the RSI for a case of bear divergence as the...
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Weekly Oil Views: Crude Hits 4-Month Highs, May Get a Reality Check from Demand
Crude's ascent to four-month highs appears to have disregarded the chances of US oil demand recovery easing or even stalling as the coronavirus...
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Weekly Oil Views: $40 Floor Holds for Brent but Further Upside Limited
Amid the fog of uncertainties surrounding the trajectory of the coronavirus pandemic, at least two things are starting to become clear: We are not...
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Weekly Oil Views: Market Moves past Fear of Virus Wave as Demand Rebounds
Crude has recouped all the losses suffered in the week to June 12, when anxiety over a resurgent pandemic across the globe had prompted a sell-off...
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Weekly Oil Views: Virus Surge in Parts of US Arrests Price Rally, but in Panic Mode
The crude price rebound of recent weeks remains fragile. OPEC+ has done all it possibly can to restrain supply, and the remaining part of market...
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