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.
Daily Summary: End of the week in the red, tech rally waning
🔝Silver Jumps 10% Weekly, up 120% YTD
Chart of the day - SILVER (12.12.2025)
Daily summary: SILVER at a new ATH, EURUSD at its highest since October