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OILBR NEWS why is Crude Oil Brent Nymex price falling or rising

OILBR NEWS reasons for why stock price of Crude Oil Brent Nymex is falling or rising

OILBR Crude Oil is falling or rising technical reasons

Technical analysis forecast for Crude Oil Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Crude Oil OILBR at this time. Stock is falling and might fall more.

It appears as if Crude Oil OILBR gave a large move recently.

Stock of Crude Oil (OILBR) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Crude Oil is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Crude Oil stays below 61.9, but if it comes above 61.9, then a intra day buy could be more profitable.
If you take a sell trade below 61.9, then use 61.9 as stoploss and 59.2 as target. However if you take a buy trade in Crude Oil, then use 61.9 as stoploss and 64.25 as target.

OILBR Crude Oil is falling or rising NEWS fundamental reasons

Crude Oil Prices End Little Changed But See Continued Support From Recent Oil Tanker Disruptions February WTI crude oil (CLG26 ) on Wednesday closed down -0.03 (-0.05%), and February RBOB gasoline (RBG26 ) closed up +0.0040 (+0.23%). Crude oil closed little changed on Wednesday, but rallied earlier in the week on concern about oil risks related to Ven - NEWS as on 2025-12-25 nasdaq.com

Crude Oil Prices Higher on Oil Tanker Disruptions January WTI crude oil (CLF26) on Monday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0340 (+1.99%). Crude oil on Monday rallied on geopolitical risks in Venezuela and Ukraine-Russia. Other bullish factors included the weaker do - NEWS as on 2025-12-23 nasdaq.com

Crude Oil Prices Settle Higher on Heightened Geopolitical Risks January WTI crude oil (CLF26 ) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26 ) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday. Crude prices are supported amid heightened geopolitical risks in Vene - NEWS as on 2025-12-22 nasdaq.com

Slump in Crude Oil Weighs on Sugar Prices March NY world sugar #11 (SBH26 ) on Tuesday closed down -0.13 (-0.87%), and March London ICE white sugar #5 (SWH26 ) closed down -3.40 (-0.80%). Sugar prices retreated on Tuesday due to a slump in crude oil prices. WTI crude (CLF26 ) sank to a 4.75-year - NEWS as on 2025-12-17 nasdaq.com

More announcements and NEWS

OILBR Crude Oil Brent Nymex current price & indicator signals

Moving Averages for Crude Oil Brent Nymex

  • 5Day Average: 61.84
  • 12Day Average: 64.65
  • 20Day Average: 65.22
  • 50Day Average: 65.2
  • 100Day Average: 60.92
  • 150Day Average: 55.22
  • 200Day Average: 52.29

OILBR Indicators & signals

Indicator MACD (12,26,9)

63.6, 64.4, -0.06
Indicator MACD is in negative zone

Indicator ADX (14)

40, 13.21, 30.82
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OILBR Crude Oil Brent Nymex are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Mon Oct 2022 60.69 60.69 to 61.78 0% 0 times
04 Tue Oct 2022 60.69 60.69 to 61.78 -0.74% 0 times
16 Tue Aug 2022 61.14 61.14 to 62.24 -1.2% 0 times
04 Wed May 2022 61.88 61.88 to 63.02 -4.54% 0 times
30 Mon Aug 2021 64.82 64.82 to 66.10 -0.74% 0 times
26 Mon Jul 2021 65.30 65.30 to 66.59 -2.9% 0 times
30 Fri Apr 2021 67.25 67.25 to 68.56 -1.91% 0 times
29 Thu Apr 2021 68.56 67.27 to 68.56 1.92% 0 times
28 Wed Apr 2021 67.27 66.42 to 67.27 1.28% 5 times
27 Tue Apr 2021 66.42 65.65 to 66.42 1.17% 5 times
26 Mon Apr 2021 65.65 65.65 to 66.11 -0.7% 0 times
23 Fri Apr 2021 66.11 65.40 to 66.11 0.72% 0 times

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OILBR NEWS why is Crude Oil Brent Nymex price falling or rising

 

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