Get started

CFDs on WTI Crude Oil

No trades
See on Supercharts
Overview
News Ideas

USOIL chart

Key data points

Volume
—
Previous close
—
Open
—
Day's range
 — 

About CFDs on WTI Crude Oil

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.

Ideas

WTI CRUDE OIL: Long term target hit. Reversal to 1D MA50 imminenAfter WTI Crude Oil hit our long term target it managed to close a 1D candle under the 4H MA50 and on prior displays inside the three month Channel Up, that was a sell signal. The 1D timeframe has been normalized from the previous overbought technical state (RSI = 67.378, MACD = 2.060, ADX = 37.892)
2
CRUDE OIL (WTI) Detailed Technical Outlook 🛢 I received a lot of questions about WTI Crude Oil. Analyzing a weekly time frame, we can spot that the market is currently approaching a significant supply zone. Even though we see a strong bullish rally since the beginning of summer, I will anticipate a further growth only after a bullish vio
4
US Crude OIL 4H : under 88.04 will open the way to drop USOIL OUTLOOK The price perfectly fulfills my last idea and price reached the second target . The price of oil reached the verge of the second expected target at 88.04, awaiting the resumption of negative trading to break the aforementioned level and open the way for a further downward correction
2
WTI is trying to reach the resistance level upwardWTI based on my "beginner" analysis, it will go up until the major resistance level of 91.00-92.00, then it might drop hard. I'm currently having 4 buys at 89.90, 91.25, 91.70 and 88.45 (2x lot size); overall profit near breakeven.
Long
2
USOILUSOIL is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 88 region. What you guys think of t
USOIL -bias short Bearish indications: Trend line resistance respected. Major resistance respected. Trend line support broken in 5 min time frame. Evening star candle from resistance. Made a low and possibly its a reversal. Divergence bearish. Trade plan bias short @ 90.40 SL:90.86 TP1:89.94 TP2:89.50
WTI- The ideal price to buy for 100 targetThe month of September came with a very important break for WTI Oil, the rise above 85 figure, a price that kept WTI in a range since December last year. As was usually the case, after the break, the price accelerated to the upside and to the next important 92.50-93.00 zone resistance. Looking at th
Long

See all ideas 

News Flow

Keep readingKeep reading

Related symbols

Brent OilUKOIL
OilCL1!
U.S. DOLLAR / WTI CRUDE OILUSDWTI
West Texas OilWTICOUSD
U.S. DOLLAR / BRENT CRUDE OILUSDBRO
Brent Crude OilBCOUSD