Oil prices are moving sharply up today for both Brent (OIL) and WTI (OIL.WTI) after yesterday’s API report showed major decline in inventories. Using USD weakness OIL crushes $45 resistance and trades at the highest level since March. Consequently, $45 is now a support level ahead of the DOE report on inventories (3:30pm BST) and there’s no obvious resistance level in sight.
VIX drops 10% amid Wall Street rebound attempt🗽
3 markets to watch next week - (17.10.2025)
Precious metals decline 📉Gold down 2%; Silver loses 4%
Morning wrap (17.10.2025)