Oil Prices Climb on DOE Forecast of a Q3 Supply Deficit
On Wednesday, oil prices soared after the US Department of Energy (DOE) predicted a petroleum shortfall in the third quarter. The US West Texas Intermediate (WTI) July crude futures rose
On Wednesday, oil prices soared after the US Department of Energy (DOE) predicted a petroleum shortfall in the third quarter. The US West Texas Intermediate (WTI) July crude futures rose
On Tuesday, wheat prices rose on predictions of favorable data from Wednesday’s World Agricultural Supply and Demand Estimates (WASDE) report. Chicago Board of Trade (CBOT) wheat futures for July delivery
Quick Overview Crucial Levels: Key points are $2,280 (selling pressure below) and $2,300 (pivotal current level); $2,150 is major support. EMA Insights: 50-day EMA above current price suggests potential rise;
On Monday, oil prices advanced after Goldman Sachs projected that soaring summer demand would lead to a significant supply shortage. The US West Texas Intermediate (WTI) July crude futures surged
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