BNO ETF

The crude oil market continues to see a lot of motion back and forth, but nothing of substance. At this point in time, the market is looking for some reason to get moving in one direction or another.

Crude oil futures eye $69.11 as OPEC+ prepares to decide on production cuts. Will buyers push through resistance or face bearish market headwinds?

Oil futures rose Tuesday morning as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and its allies that's expected to result in a further delay to the partial unwind of production cuts.

Natural Gas prices hover near $3.15, with resistance at $3.22. Will bearish momentum continue, or can support at $3.07 reverse the trend?

Oil prices inched down amid mixed market signals on Tuesday, with traders awaiting the outcome of an OPEC+ meeting this week.

Oil rose in early Asian trade. Markets were in a “wait-and-watch mode” ahead of the OPEC+ meeting this week, ANZ Research said.

WTI crude oil is consolidating within a triangle pattern and remains bearish, while the US Dollar shows strength.

OPEC+ is likely at its meeting on Thursday to extend its latest round of oil output cuts until the end of the first quarter, four OPEC+ sources told Reuters, to provide additional support for the oil market.

The crude oil market continues to see a lot of sideways action. The markets rallied a bit in the early hours of Monday, but ultimately, there is no real sign of anything changing soon.