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WTI Price Forecast: Bias stays lower with RSI below 50 and key SMAs overhead
West Texas Intermediate (WTI) Crude Oil is attempting a modest rebound on Monday, snapping a three-day losing streak as traders balance revived December Federal Reserve (Fed) interest rate cut expectations with ongoing Russia–Ukraine peace-talk developments.
Oil: Brent slips to month-low amid Russia-Ukraine peace talks – ING
Oil prices ended last week on a weak footing, with ICE Brent down more than 2.8%. This downward pressure continued in early morning today, with Brent trading at its lowest level in over a month. Ongoing talks to reach a Russia-Ukraine peace deal are weighing on the market.Fxstreet
Mon, Nov 24
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $58.13 per barrel, up from Friday’s close at $57.90.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.90.Gold rallies past $4,100 as dovish Fed sparks December cut frenzy
Gold (XAU/USD) remains steady during the North American session on Friday as a Federal Reserve (Fed) officials opened the door for a cut at the December meeting. At the time of writing, XAU/USD trades at $4,096, up by 0.53%, after hitting a daily high of $4,101.Fxstreet
Fri, Nov 21
Silver Price Forecast: Double-top signals fatigue, but the broader uptrend is not broken
Silver (XAG/USD) trims a part of its earlier losses on Friday after marking a fresh weekly low at $48.64. At the time of writing, the metal is trading around $49.69, recovering modestly but still down nearly 1.50% on the day, and remains on track for a weekly decline.Fxstreet
Fri, Nov 21
WTI Crude dives below $58.00 amid hopes of a peace deal in Ukraine
Oil prices depreciated for the third consecutive day on Friday, with the US benchmark West Texas Intermediate breaking below the $58.00 line for the first time since late October, as the US administration works to reach a peace deal between Russia and Ukraine.Featured Tools
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