Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.Show more
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Bullish Crude Oil – Contrarian Geopolitical Risk TradeWhile headlines focus on an alleged supply glut and major banks continue to publish bearish projections, tensions in the Middle East are escalating rapidly. With the U.S. openly preparing for potential military action against Iran, the market appears complacent toward one of the most critical oil-prLongby Panos22337Crude Oil Mini (MCX) – Back-to-Back 5 Winning Trades using EPAI 🔥 Crude Oil Mini (MCX) – Back-to-Back 5 Winning Trades using EPAI Indicator 🔥 Consistency beats prediction. 📈 EPAI Indicator delivered 5 consecutive winning trades in Crude Oil Mini, respecting trend, MA structure, and disciplined exits. 📊 Trade Highlights: EPAI Trade-1: Sell @ 5580 → Exit at MA by BK_QuantDesk115Crude Oil – Sell around 60.50, target 58.00-55.00Crude Oil Market Analysis: Crude oil has shown some strength recently. Consider selling again at 60.50. The overall outlook for crude oil remains bearish. Short-term fluctuations only require focusing on one direction. The fundamentals of crude oil are unlikely to change the current trend. PreviouShortby GoldDiggerPig114US OIL price forcastThe US created nice supports as investors bought cheap and pushing the prices higher you can buy it in the coming week once reaches the highlighted levels.00:03by NaqeebUllahKhan126WTI(20260123)Today's AnalysisMarket News: According to data released Thursday, U.S. gross domestic product (GDP), an inflation-adjusted measure of the value of goods and services produced, grew at an annualized rate of 4.4% in the third quarter of last year, the fastest pace in two years. The report shows that this is one ofShortby GoldDiggerPig3Crude Oil – Sell around 60.50, target 58.00-55.00Crude Oil Market Analysis: Crude oil has recently returned to its previous range-bound pattern on the daily chart. This range-bound movement has lasted for several months. Consider selling crude oil at 60.50 today. The bearish outlook for crude oil remains unchanged, and this view can be maintaineShortby GoldDiggerPig4Light Crude Oil (CL) Looking for Larger Degree CorrectionThe short-term Elliott Wave outlook for Oil (CL) shows the cycle from the June 23, 2025 peak ended at the December 16, 2025 low of $54.98. After this completion, Oil began correcting the prior cycle in a larger degree, expected to unfold in either three or seven swings. From the December 16 low, wavby Elliottwave-Forecast3US OIL: Bullish Break Out Potential?In this Weekly Market Forecast, we will analyze the US OIL for the week of Jan. 19-24th. US Crude Oil has been sideways for over 3 years. Accumulating. April '25 there was a significant sweep of sell side liquidity, followed by an impulsive move to the high of the consolidation. Manipulation. A coLong05:12by RT_Money4CRUDE OIL PROBABLY IN WAVE ' C ' - SHORTThis is in continuation to our ongoing tracking of CRUDE OIL, our preferred wave count suggests that we are in a wave C of an ABC corrective wave. There are several possibilities how corrections can unfold, we have mentioned the 2 most probable scenarios that can unfold in our opinion. GREEN MINORShortby KayJay3US OIL: Bullish Break Out Potential?US Crude Oil has been sideways for over 3 years. Accumulating. April '25 there was a significant sweep of sell side liquidity, followed by an impulsive move to the high of the consolidation. Manipulation. A correction to the previous move followed to the .705 fib (Optimal Trade Entry). If we geLongby RT_Money1
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What is the price of Light Crude Oil Futures?The current price of Light Crude Oil Futures is 64.87 USD / BLL — it has risen 1.31% in the past 24 hours. Watch Light Crude Oil Futures price in more detail on the chart.What is Light Crude Oil Futures volume?The volume of Light Crude Oil Futures is 67.11 K. Track more important stats on the Light Crude Oil Futures chart.What is Open interest? How can I use it to trade Light Crude Oil Futures?Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Light Crude Oil Futures this number is 369.32 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Light Crude Oil Futures shows that traders are closing their positions, which means a weakening trend.Is it time to buy or sell Light Crude Oil Futures?Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Light Crude Oil Futures. Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Light Crude Oil Futures technicals for a more comprehensive analysis.