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The current pattern ... that oil has historically traded higher by the end of August in 73% of election cycle years, like 2025. This looming geopolitical squeeze, combined with seasonal strength ...
"After a soft start to the 2024 driving season, U.S. crude oil demand has improved and is now in-line with its typically strong seasonal pattern." Indeed, the U.S. four-week consumption average ...
OIH ETF sees gains with rising oil prices, but cyclical risks and technical resistance near $265 prompt a hold rating despite ...
For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...
However, a break below $66 could continue the downward trend for oil prices. Oil 4-Hour Chart – Triangle Pattern The 4-hour chart also reveals a triangle pattern formation, indicating bearish ...
While oil prices struggle under geopolitical uncertainty and stockpile data, natural gas receives bullish momentum from seasonal demand ... within a bearish pattern. The support level is around ...
Chevron, the state’s largest oil refiner, is linked to a client of the author who wrote a study predicting a rise to $8 a gallon.