OIL#OIL is showing signs of heading lower 📉
That’s a win for summer travel, home upgrades, and manufacturing before Q3.
Cheaper oil = lower inflation pressure ➡️ more $$ in consumers’ pockets.
Watch how this shift might boost spending and keep markets moving.
#Commodities #Economy #Inflation #SummerTra
Oil Prices Surge Following Armed Conflict Between Israel and Ira
In the early hours of Friday, June 13, a new turning point in global geopolitics emerged and extended through the weekend: Israel launched an aerial attack using missiles and drones on Iranian nuclear facilities, triggering an immediate reaction in energy markets. The conflict has continued through
Oil is Doomed: Time to SELL (Part 3/3)
Surplus + Bearish Forecasts = SELL
📊 Supply Up, Demand Down = Surplus
By mid-2025, the oil market will be in surplus .
Even conservative estimates show +500k barrels/day in excess supply.
🔮 Analysts Expect a Crash
- OPIS: “Could fall to $30–$40 if OPEC unwinds”
- Kpler: “Needs
Long Term Brent Outlook, $32 by 2026Weekly Brent has broken a clear barrier and formed a Bull Flag pattern, but the subsequent rally has been weak, not even reaching the breakout level.
The global economy is showing signs of weakening, leading to a reduction in oil demand. Concurrently, Trump's move to lift US production restriction
Brent crude: We maintain our USD 65 to USD 85 range for the yearBrent crude's current momentum has taken prices to a three-week high, with the latest move being supported by a combination of underinvested hedge funds, improved risk sentiment following a softening in the tone regarding tariffs after Trump indicated some nations could receive breaks from "reciproc
Brent Declines Amid Rising Inventories and Peace HopesOn February 13, 2025, Brent crude fell by 0.9% to $74.50 per barrel, driven by expectations of a potential peace deal between Ukraine and Russia, which could ease supply disruptions caused by sanctions. Additionally, U.S. crude inventories increased for the third consecutive week by 4.1 million barr
Why I Believe Brent Crude Oil is Headed to $125 by 2026www.tradingview.com 1. Supply Constraints: Geopolitics & Trade Wars
One of the biggest drivers of higher oil prices is geopolitical instability and trade policy shifts. We're already seeing major disruptions that could tighten supply further:
Middle East Tensions – The ongoing conflicts in the Red
OIL Elliott Wave AnalysisHello friends
In the oil price chart, we saw the formation of a triangle that has ended and with the price moving upwards and breaking the downtrend line and pullback to it, it has formed a 5-wave pattern, all of its sub-waves have been identified.
The 4 sub-waves of this pattern have been clearly f
Oil Elliott Wave AnalysisHello friends
On the oil chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of oil. This 5-wave bullish wave has completed wave 5 of 5.
Between waves 2 and 4, we also witness an alternation, and wave 3 has more microwaves or, so to speak, mo
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for ICE Brent Crude Oil CFD is Jun 27, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell ICE Brent Crude Oil CFD before Jun 27, 2025.