Global crude markets showed resilience with elevated refinery runs supporting transportation and petrochemical demand. WTI defended support at $67.81 with higher lows, Brent held channel support at $73.06, and Natural Gas maintained bullish structure at $3.196.
Oil prices remain under pressure as WTI breaks below $69 and Brent tests $70, while easing Strait of Hormuz risks and expected OPEC+ supply increases keep sellers in control.
Oil prices remain under pressure as US-Iran talks reduce the war premium, while Strait of Hormuz uncertainty and key WTI and Brent support levels shape the next move.
Oil prices remain under pressure as WTI breaks below $80 and Brent targets $68 support, with fading Strait of Hormuz supply fears reducing the war premium.
Oil markets are under strong pressure amid signs of normalization in the Strait of Hormuz.
Oil and Natural Gas trade calmly as the Middle East truce holds firm. WTI rebounds to $73.70 defending channel support, Brent holds $77.55, and Natural Gas holds $3.272 with bullish continuation.
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI slides to $74.02 after triangle violation, Brent defends $77.74 support, and Natural Gas trades at $3.152.
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $68.50, Brent tests channel floor at $78.60, and NatGas holds $3.170.
Markets cheer easing tensions while overlooking persistent supply risks in energy markets. Here we discuss some energy ETFs investors may want to watch.
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $89.00, Brent tests channel floor at $93.39, and NatGas holds $3.174.
Oil prices remain under pressure as weak short-term technical signals offset the Middle East risk premium, while WTI and Brent stay volatile near key support areas.
Oil markets pulled back after strong rally as Iran and Israel announced that they would halt operations against each other.