Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Brent Oil WTI Futures - Oct 24 (LCOc4)

ICE
Currency in USD
Disclaimer
82.12
+0.28(+0.34%)
Delayed Data

Brent Oil Futures Discussions

New 4h candle in 5 minutes. A close above 83.75 crucial for bulls
Doesn’t look great for bulls at the moment. Break of 83.75 level, some buying at ema55 though. Several bearish signals on hourly with stochastic pointing down with lot of downside room. Horizontal support at 83.10ish can save the day
As mentioned yesterday brenty must make a new high and that failed today
can we go for 85?
70cent drop in 3min, isn’t that clear?
70 cents down in 30mins. 50 cents up in 10mins. you do the math...
You spoke too soon MarkyBot, it’s almost like the market can go down as well as up as well as down and up and up and down, or up down, not just the way your programmers dictate?
Will sell again from 83.8 and 84.3
Closed positions from 84.3 and 83.80 still holding 82.8
Sold today’s SP84.08 at 83.67
Omg......short now before stand back 85
85 comming
America is coming to arrest you
Crude oil found support with Chinese import data Crude oil prices rose on Thursday, driven by the decline in US crude oil stocks and optimistic trade data from China, the world's largest oil importer. As of 03:30, US crude oil futures were trading at $79.46 per barrel, up 0.6%, while the Brent contract was up 0.5% to $84.00 per barrel. According to data from the Energy Information Administration, US crude stocks fell by 1.4 million barrels last week; This was surprising after industry body American Petroleum Institute reported earlier this week that inventories had increased by 0.5 million barrels. Adding to the positive sentiment was the news that crude oil shipments to China, the world's second-largest economy, in April totaled 44.72 million metric tons, or about 10.88 million barrels per day, according to data released early Thursday.
82 alreday broken only pullback
Stand back $85 soon......
Morning Bid: China trade heats up, UK rates in view Morning Bid: China trade heats up, UK rates in view
crude soon 80.00 then we will see action
Linguistics
:)
To be fair, you’re not a bad version, although you’re starting to be bolshie and dogmatic
Is China’s Oil Demand Set For A Major Bounce Back?
Overall it's boring correction should have targeted 83.6 to shoot up, it missed the chance
That's when the market is fully operating, right now EU is in holiday and overall sentiment is still bearish in major institution
yeah Im thinking only reason this is so low is because EU holiday...USA will buy with both hands and crush the bears who made profits in the past 2 weeks
maybe we will see that, but I'm still wary of oil
Us session will short this first then maybe progressive upside. EU is maintained by Algo since it's a holiday
Tradeplan; close 75% 84.35. Remaining 500 barrels will be sold to china waiting at 84.60.
Levels are thight today
long 84.18. Absolutely zero downward pressure. target 85+ in first hour of US open
OUCH !!!! Absolutely zero downward pressure. target 85+ in first hour of US open
Several drones attacked an oil depot in Yurovka, Russia's Krasnodar Krai, on the night of May 8 to 9. China April crude oil imports rise 5.45% on previous year By Reuters
SL at breakeven
Bullish crossover 4h ema 8/21. Usually reliable signal
Correction. 83.85 was ukoil price. 83.90 futures
Took a long position at 83.86. But have no big hopes. New 4h candle in 15 minutes
US open will probably bulldoze this over 85 in a matter of minutes.
Thight sl 83.70
Sorry. Entry 83.86 was ukoil price. 83.90 futures
damn i was waiting for 83.80 re-test but seems like it wont be allowed.
83.85 support
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.