Crude OIL The rebound from three weeks ago continues with slight adjustments. Currently, we see on the chart that the volume of trading is decreasing and the rate continues to go up, so before any correction, we will have a signal indicating increased trading. When the volume drops to very
Crude Oil The situation on the chart is very interesting as both the technical analysis and the volume analysis indicate a possible rebound in the upcoming trading sessions. The first image shows a graph with trend lines. Currently, the price is close to the borderline, it is support and trendline.
WTI, Brent, Crude Oil The current oil prices are already at such a high level that not everyone knows why they are constantly rising. I will quote yesterday’s statement by a Saudi minister. Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, said late Wednesday: “We also have a role in