American light oil has now completed a full retracement of all of its losses in the first half of last year. The uptrend remains based on TA.

AAPL has retraced from its latest high at the end of last year and consolidated this week. This post looks at the four-hour chart.

American light oil has declined this week as covid-19 cases have spiked and Libyan supply increases. This TA looks at the four-hour chart plus futures.

American light oil still looks strong although there’s little momentum so far this week to the upside. This TA looks at the four-hour chart plus futures.

Oil has continued to consolidate amid relatively lower volatility this week despite weaker stock data. Tune in to today’s TA for some of the key areas on USOIL H4.

USOIL had a boost from last night’s six-month high drop in the API’s American inventories of crude. Check out today’s TA for areas of importance ahead of the EIA’s release and the NFP.

American light oil reached a three-month high last night GMT. Check out this post for some areas of importance on the daily chart of USOIL ahead of OPEC+’s meeting tomorrow.

Some positivity has returned for oil as countries gradually exit lockdowns and stocks of crude have dropped in the USA. This TA looks at the daily chart of USOIL compared with futures and the general level of contango.