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Crude Oil Forecast

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2 January 2025

Crude Oil at a Crossroads: Traders Eye US Data, China Rebound, and Key Technical Levels 

This week, high-impact economic events to influence market sentiment, including US Unemployment Claims, Crude Oil Inventories, and the ISM Manufacturing PMI.

13 December 2024

Crude Oil Charts Signal Cautious Optimism 

Crude oil prices have shown resilience by rebounding from a recent low of $66.73 per barrel and advancing to $70.24, hovering above the 20-period EMA.

29 November 2024

Oil Market on the Edge: OPEC+ Decisions, Tariffs, and Trends Shaping the Future

The oil market is navigating mixed signals as OPEC+ decisions, geopolitical developments, and technical trends shape the landscape.

1 November 2024

Oil Markets Ride High on Tight Inventories, But Global Oversupply Fears Cloud the Horizon 

Global oil markets are experiencing a turbulent week as US crude stockpiles declined unexpectedly, fueling a rise in prices and signaling stronger domestic demand. Brent ...

2 October 2024

Crude Oil's Rebound Potential: Navigating Technical Signals and Geopolitical Risks

Crude Oil has been on a downward trend since peaking in early July, largely driven by technical factors that reinforced bearish momentum. A failure swing reversal occurre...

24 September 2024

Crude Oil Soars on US Rate Cuts and Tight Supply, But China's Economic Slowdown Looms

Crude oil prices surged due to US interest rate cuts and tightening global supply, despite concerns over China's slowing economy.

21 August 2024

Crude Oil Under Pressure: Navigating Bearish Signals and Market Uncertainties

Crude oil has been on a downward trend since early July, which is marked by technical bearish signals.

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