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BRENT CRUDE OIL

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UKOIL Chart

 

Crude Oil Brent

Texas light sweet oil, more often called West Texas Intermediate (WTI) — is a type of comodity crude oil that is produced in Texas, USA. Being light (in terms of API gravity) the WTI brand is great for making diesel fuel, gasoline and other low-sulphur fuels. These characteristics account for high demand for the WTI brand and the similar Brent oil brand. WTI has been trading on NYMEX since 1983. Brent futures contracts include a mandatory delivery rule to Coushing (Oklahoma, US), where main oil refineries and stations are located. WTI makes up only 1% from all oil extracted in the world, but export prices for 2/3rds of all oil depend on Brent and WTI prices.

Related Symbols

CL1!
Light Crude Oil Futures
 
   
USOIL
Crude Oil (WTI)
 
   
USDWTI
WTI CRUDE OIL / US DOLLAR
 
   
WTICOUSD
West Texas Oil
 
   
USDBRO
BRENT CRUDE OIL / US DOLLAR
 
   
BCOUSD
Brent Crude Oil
 
   

News

AkshatPatwa AkshatPatwa UKOIL, D,
UKOIL: Crude is Back in Action.. few moments away from making big move
188 6 17
UKOIL, D
Crude is Back in Action.. few moments away from making big move

Everything mentioned on chart.... { Any guess where it will move ??? Let me know in comment section :D } Note: Do your own study before making any position... :D

mdhaamu mdhaamu UKOIL, 60, Long ,
UKOIL: Positive divergence
75 0 3
UKOIL, 60 Long
Positive divergence

Crude is showing some strength on hourly charts, it gave RSI divergence indicates some recovery, one can go long for mentioned levels.

AkshatPatwa AkshatPatwa UKOIL, D,
UKOIL: Short when u See Bear candle... :D
367 4 19
UKOIL, D
Short when u See Bear candle... :D

Everyting is on charts.... :D Note: Do your own study before making any ppsition...

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