WTI slips below $90.50 despite rising Middle East supply risks

West Texas Intermediate (WTI) oil price edges lower and is trading around $90.40 per barrel during Asian hours on Tuesday. However, crude oil prices may regain ground as Iran vowed to strike energy infrastructure across the Middle East in response to further United States (US) attacks on its assets, marking the latest escalation in a conflict that has sharply…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.09.2026

2026.09.07 2026.09.07 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.09.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to rise in a bullish correction (B). Consider long positions with a Take Profit at 82,336.26. XRPUSD:…

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Oil and US inflation pose risks – MUFG

MUFG’s Lloyd Chan warns that upcoming US inflation data could test the recent Rupiah recovery, as firmer US inflation may reinforce elevated US yields and challenge USD/IDR’s break below 17,700. He notes limits to domestic buffers, rising foreign ownership of SRBI, and that higher Oil prices could revive concerns over Indonesia’s fiscal risks and subsidy costs. Rupiah recovery faces…

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Bitcoin Rainbow Chart Explained: How to Use It for Trading

2026.09.07 2026.09.07 What Is the Bitcoin Rainbow Chart and How to Use It? Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ Imagine looking at a weather map rather than a price chart: blue areas signal cold, while red areas indicate heat. The Bitcoin Rainbow Chart works in much the same way. It overlays Bitcoin’s historical price trends with the colors of the rainbow, with each…

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Buyers test key resistance near $93.50

Crude oil futures are trading higher, with the current price up $1.27, or 1.39%, at $92.75. The high price reached $93.29, while the low was at $90.87. Technically, the price moved lower earlier today, but the decline stalled near the rising 100-hour moving average, currently at $91.04. Holding that moving average gave buyers the go-ahead to push the price…

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The world has enough Crude Oil and not enough diesel

Crude Oil trades just under $91.00 after adding 1.6% on Monday. The grind has run roughly $10 from the $81.00 area in nine sessions, and not a barrel has stopped being produced in any of them. The rally is about where barrels can go and what can be done with them once they arrive, and only one of those…

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What Is an Introducing Broker (IB) in Forex? A Full Guide to the Forex IB Program

2026.09.07 2026.09.07 What Is an Introducing Broker (IB) in Forex Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ An introducing broker (IB) is a partner who refers traders to a broker and earns a commission based on the trading activity of the clients they bring in. This partnership model benefits everyone. The broker gains new clients without spending extra time and money on marketing. At…

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