Crude Oil: WTI Tests 50-Day Moving Average Support
Crude oil prices are pressuring the 50-day moving average. Read our technical analysis on WTI support levels and the macro impact on Prairie agriculture.
Canola prices face a $10/ton correction after WTI Crude Oil and Soybean Oil show a sharp sell-off on key technical indicators. This bearish correlation signals lower support levels for Canadian farmers across the Prairies.1