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What 1-hour chart says? Fundamental Development: Oil prices fell on Wednesday, taking a breather from a near 4% surge the previous day, on receding fears of an imminent output cut by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+. Global benchmark Brent crude futures fell 40 cents,
What 1-hour chart says? Fundamental Development: Oil prices dipped on Friday after two days of gain, as market participants weighed worries about global economic slowdown - that could dampen fuel demand - against expectations of tighter supplies toward year-end. Brent crude futures fell 36 cents, or 0.4%, to $96.23 a barre
What 1-hour chart says? Fundamental Development: Oil prices little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession. Brent crude futures climbed 15 cents, or 0.2%, to $93.80 a barrel. U.S. crude futures gained 4
What 1-hour chart says? Fundamental Development: Oil prices rose over $1 on Wednesday, rebounding from six-month lows hit the previous day, as an unexpectedly large drop in U.S. oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession. Brent crude futures we
What 1-hour chart says? Fundamental Development: Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession. Brent crude futures fell 73 cents, or 0.8%, to $94.37 a barrel by. WTI crude futures dipped 44 cents, or 0.5%, to $88.97 a barrel. Oil futures fell about 3% duri
What 1-hour chart says? Fundamental Development: Oil prices pulled back slightly on Tuesday on the latest progress in final talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in a tight market. Brent crude futures fell 14 cents, or 0.1%, to $96.51 a barrel, paring a 1.8% gain
What 1-hour chart says? Fundamental Development: Oil prices bounced higher from multi-month lows on Monday as investors' appetite improved following data on U.S. jobs and Chinese exports data that eased recession concerns. Brent crude futures had risen 81 cents, or 0.9%, to $95.73 a barrel. U.S. West Texas Intermediate cru
What 1-hour chart says? Fundamental Development: Oil prices rose on Friday, bouncing off their lowest levels since February in the previous session, as supply shortage concerns were enough to cancel out fears of slackening fuel demand. Brent crude rose 55 cents, or 0.6%, to $94.67 a barrel, while U.S. West Texas Intermedia
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