Tag Archives: wti

Crude oil WTI lost 24.8 percent in 2018

Crude oil lost 44.3 percent from high $76.41 to low $42.53 on three months fall from October 03. until December 24. It was the biggest losing streak in the past several years due the oversupply, Saudi record output and fear from the global economic slowdown. As the oil price opened 2018 at $60.17 per barrel and spent most of the

Read more

Crude oil 'WTI' is heading to the last support before abyss!

If we remember 2008. and WTI free fall from 147 to 35 usd from July until December, everything is possible here. Last technical strong support ‘station’ at 58/60 is waiting and after that level, there is no stronger support before 33/35. Usualy I don’t analyse WTI, but watching at this fall it’s start to be interesting. There is a lot

Read more