crude oil technical analysis
Fundamental Analysis

Crude Oil Consolidating Amid Supply-Demand Clash

Crude oil markets are currently facing a tug-of-war as signs of demand are clashing with rising supply, all underscored by geopolitical risks. At the time of writing, Brent crude trades around mid-$60 while WTI remains steady near $62. Broader economic uncertainties OPEC+ output hikes continue to pressure the oil prices. On the supply side, OPEC+ Read More…

crude oil technical analysis
Fundamental Analysis

Crude Oil Pauses Gains on Strong Dollar, Weak Inventory Figures

Oil paused its rally on Thursday amid pressure from a strong dollar and downbeat crude inventories data. However, there is still upside potential as market participants grapple with likely supply shortages due to looming sanctions on Russia. US private jobs (Source: ADP Research) The dollar strengthened on Wednesday after a set of better-than-expected US economic Read More…

crude oil technical analysis
Technical Analysis

Crude Oil (CL) Technical Analysis 30 July 2025

Date: July 30, 2025Current Price: $69.21Change (D/D): 0.00%RSI (14): 59.40 (neutral-bullish)Key Levels: Price Structure & Momentum Update In our last breakdown, we noted that Crude Oil was stuck in a tightening coil within a shaded consolidation band between $65 and $68. As expected, a breakout attempt has now occurred: This is the first proper break Read More…

crude oil technical analysis
Fundamental Analysis

Oil Rises on Optimism Over New US Trade Deals

Oil prices rose on Thursday as the demand outlook improved with the signing of more trade deals between the US and its trading partners. At the same time, the US reported a larger-than-expected decline in crude inventories, indicating robust demand. The latest US trade deal that eased trade war concerns was with Japan. It came Read More…

crude oil technical analysis
Technical Analysis

Crude Oil Futures (CL) Technical Update – July 22, 2025

Recap from Last Update In our July 10th article, we highlighted the $67–$69 resistance-turned-support zone as the key zone to be focused on. We also noted the looming Iran-Israel geopolitical risks, which created temporary volatility but failed to produce a lasting trend shift. Since then, CL has remained range-bound, and as of today, it’s pressing Read More…

crude oil technical analysis
Fundamental Analysis

Oil Bounces Back Amid Easing Trade Fears, Firm Demand Data

Oil prices recovered from a three-session drop on Thursday as trade tensions eased and data revealed solid oil demand in the US. However, the risk of an escalation in trade tensions might keep prices subdued. At the same time, upbeat US CPI data eased expectations for a Fed rate cut, which in turn hurt prices.  Read More…