By: Tina Lebed
Current Price (WTI Futures, Jan 2026): $\approx \$59.61$ per barrel (as of December 5, 2025) 🎯 Market Focus: Testing the $\$60$ Psychological Barrier WTI crude oil is currently positioned at a pivotal point, having recently broken out of a tight downward channel and testing the psychologically important $\$60.00$ resistance level. This uptrend is primarily fueled […]
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#OilPrices #TechnicalAnalysis #EnergyMarket #OilMarket #WTI U.S. indices mostly posted gains last week, with the S&P 500 adding 0.4%, the tech-heavy Nasdaq up 1.6%, and the Dow Jones Index down 0.3%. Wall Street ended last week mostly in the green despite rising U.S. Treasury yields and new data showing the stability of the U.S. labor market. […]
read moreBy: Tina Lebed
#Oil #Technicalforecast #Brent #Oilprice #PMIdata In early May, Brent prices failed to overcome the support level of 73 – $5 and cautiously recovered to $9. Production around the world is struggling. This is evident in the PMI data. PMI data in Japan, France, Germany and the US were released on Tuesday 23.05. Only Japan showed […]
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