GemForex | Crude Oil (WTI)

GEMFOREX | 2022-06-23 16:09

Abstract：Crude Oil (WTI) - Rebound in the offing?

WTI: The $100 mark should hold the downside

Prices of the WTI retreated sharply and revisited the $101.00 region on Wednesday. The strong downtick was due to shrinking open interest in the futures market, giving the hint that a deeper pullback is not favored in the near term.

The further downside in prices of the commodity should meet tough support around the $100.00 area.

That said, the black gold is on the downtrend for the second consecutive day, down 1.0% around $102.90, amid early European morning on Thursday.Aclear downside break signal of the three-month-old support line, near $101.00 by the press time, appears necessary for the bears.

Oil WTI

Related broker

Not Regulated

GEMFOREX

Company name：GEMFOREX LIMITED

Score

1.63

Website：https://www.gemforexglobal.com

5-10 years | Questionable Regulatory License | Suspicious Operational Region | Derivatives Trading License (EP)

Score

1.63

Indian Stocks Take a Beating, Sensex Falls by Over 600 Points Today: Check Out Why

Indian stock markets witnessed a sharp low in the early trading hours on Monday. While the Sensex fell by more than 600 points, Nifty slumped under 23,200. The fall in the stock market today is the investors’ reaction to the escalating tensions in the Middle East, a surge in crude oil prices and weakness across markets worldwide. At around 9:30 a.m. on June 8, 2026, the BSE Sensex dropped by 627.47 points to 73,615.87, recording a fall of 0.85%. At the same time, the Nifty declined by 195.40 points to 23,171.30, registering a 0.84% fall. The selloff was broad based, with most sectoral indices slipping into red. Nifty IT, Nifty Realty, Nifty Auto and Nifty Metal slipped by 1.61%, 1.68%, 1.21% and 1.31%, respectively. Even the Nifty Midcap 100 and Nifty Smallcap 100 declined by 0.73% and 0.63%, respectively. As far as Sensex stocks are concerned, only State Bank of India, Axis Bank, Power Grid Corporation of India and Sun Pharmaceutical Industries were found to be green. Among the one

Original 2026-06-08 13:14

Brokers Raise Margins Amid Gold and Oil Volatility in MENA Markets

Gold and oil markets surged amid rising Middle East tensions, prompting brokers across the MENA region to adjust margin requirements and trading conditions.

Original 2026-03-02 10:35