Get started
US Crude Oil CFDUS Crude Oil CFDUS Crude Oil CFD

US Crude Oil CFD

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

USCRUDEOILCFD trade ideas

USOIL:It's time to go shortRecently, the WTI crude oil has been on a continuous upward trend with fluctuations. The current intraday price has reached a three - week high. At present, the long - position sentiment in the market is greatly influenced by the fundamental news, mainly due to the intensified U.S. sanctions on Iranian energy and the ineffective implementation of the 30 - day cease - fire agreement between Russia and Ukraine. Today's trading strategy: Focus on shorting at high levels. Currently, the price has a firm support at $69. Observe whether it can reach the resistance range of $69.5 again. If it breaks through the upper level, look at the important psychological resistance level of $70. Select to short again within the range. USOIL Trading Strategy: Sell@69.5-70 TP:68-67 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by LeoBlackwood
Oil Surges Toward Four-Week Highs on U.S. Inventory DropOil extended gains and approached four-week highs, supported by an unexpected decline in U.S. crude inventories and persistent geopolitical tensions that keep international markets on edge. The price of WTI has once again surpassed $70 per barrel, its highest level in nearly a month. This bullish move is mainly driven by a 3.3 million barrel drop in U.S. commercial inventories, a figure that doubles analysts' initial expectations of only a 1.6 million barrel reduction. This significant inventory drawdown, reported by the latest release from the Energy Information Administration (EIA), reflects a robust domestic demand, largely fueled by increased activity at U.S. refineries. Over the past week, these facilities boosted their daily processing to an average of 15.8 million barrels, reaching a utilization rate of 87%, a considerable rise from the previous period. Similarly, there was a further decline in key refined product stocks: gasoline fell by 1.4 million barrels, while distillates dropped by 0.4 million barrels. These reductions suggest a healthy recovery in fuel consumption, though differences remain compared to historical averages: gasoline inventories are still 2% above the five-year average, while distillates remain a concerning 7% below. For oil-exporting countries like Mexico and Colombia, this situation presents a significant opportunity. Although average U.S. crude imports remain 11% below the same period last year, a sustained recovery could positively boost the economic outlook of these nations, offering key revenue amid a globally uncertain economic context. However, geopolitics remains a key player in the evolution of the oil market. The U.S. threat to impose 25% tariffs on Venezuelan crude imports has added pressure on the trade flow to China, the main buyer of Venezuelan oil. At the same time, new sanctions on Iran could further tighten global supply, once again placing Saudi Arabia in a position to cover any supply shortfall. Moreover, recent agreements between the U.S., Ukraine, and Russia to reduce attacks on energy infrastructure suggest an effort to partially stabilize the market; however, any breakdown in these negotiations could quickly reintroduce volatility in oil prices. Overall, while economic risks from trade tensions persist, the current balance between strong U.S. demand and supply constraints due to geopolitical factors is creating a bullish environment for oil. The energy market continues to show clear signs of strengthening, suggesting that prices could remain firm in the short term, with close monitoring of any unexpected shifts in the global landscape. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:SPOTCRUDE
by Pepperstone
WTI crude oil Wave Analysis – 26 March 2025 - WTI crude oil broke resistance area - Likely to rise to resistance level 71.00 WTI crude oil recently broke the resistance area between the resistance level 68.60 (top of the previous wave 1), resistance trendline of the daily down channel from February and the 50% Fibonacci correction of the downward impulse from last month. The breakout of this resistance area accelerated the active impulse wave 3 of the higher impulse wave (3). WTI crude oil can be expected to rise to the next resistance level 71.00, target price for the completion of the active impulse wave 3.
FX_IDC:USDWTILong
by FxProGlobal
WTI Crude INTRADAY oversold bounce back on maritime ceasefireThe WTI Crude Oil price action remains bearish, aligning with the prevailing downtrend. The current movement suggests an oversold bounce, but the broader outlook remains weak unless a significant breakout occurs. Key Levels to Watch: Resistance Levels: 70.50 (critical level), 71.30, 72.11 Support Levels: 67.95, 67.00, 65.40 Bearish Scenario: A rejection from the 70.50 resistance level could reaffirm the downside bias, leading to a continuation of the bearish move toward 67.95, with further downside targets at 67.00 and 65.40 over the longer timeframe. Bullish Scenario: A breakout above 70.50 with a daily close above this level would challenge the bearish sentiment, paving the way for further gains toward 71.30, followed by 72.11. Conclusion: The market sentiment remains bearish, with the 70.50 level acting as a crucial resistance zone. A rejection at this level could reinforce the downside trend, while a confirmed breakout would shift the outlook to bullish, favoring a potential rally. Traders should watch price action at this key level for further confirmation. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:WTI
by TradeNation
USOIL and The Elliott Wave Updates. The structure seen is a 5 Wave move and is part of a B(3 Wave structure) of a Flat marked in Black. In this 5 Wave move marked in Red we can see that Wave 2 was a Zigzag, meaning our Wave 4 would be a Flat. Wave 3 hits the 161.8% mark and moves back to form an A of the Flat marked in Green. B must be a 3 Wave move and must move beyond the ending of 3(Red). When this occurs, a Wave C is formed(Green) and hence Wave 4(Red). What is left is a final Wave, a 5, to complete the first impulse of B(Black). Upon completion there must be a corrective structure to separate the impulse that just ended and Wave B's final impulse. Marked in Blue, is Wave A that just ended, a Wave B that we can expect to be against the trend and a final one that will begin soon after. Note, Wave B(Blue) MUST be a 3-Wave move.
TVC:USOILLong
by machariavictor017
Hellena | Oil (4H): SHORT to the area of 65.268.Colleagues, I believe that the downward movement is not over yet, and now the price is in a complex combined correction. The second correction also consists of “ABC” waves. In an ideal scenario, the price completes wave “C” in the 70.000 area and starts the downward movement to the support area of 65.268. In general, the plan has not changed since the last forecast, but the bulls still have strength, so we should take the upward movement as an opportunity to profitably go short. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
9
Long Entry – Technical & Fundamental Breakdown Technical Rationale: I’ve taken a long position following a liquidity grab during last night’s session. Price is still respecting the broader bullish structure, and the move down to $68.77 appeared to be a stop run, faking out breakout shorts. My next target is the weekly level around $70.50, assuming no major market shocks through the rest of the week. Fundamental Rationale: I remain unconvinced by the current peace talks between Russia and Ukraine, this is likely a slow-moving narrative, and the market seems to be discounting it for now. Supply constraints are still in play, particularly after the new U.S. tariffs on Venezuelan oil. Yesterday’s larger-than-expected API crude draw is also supporting prices. Meanwhile, ongoing conflict between Israel and Iranian proxies continues to disrupt Red Sea shipping, adding further pressure to global supply. COT Data Summary: Overall decline in positioning signals caution, not outright bullishness. Managed Money added to shorts a slight bearish tilt. Institutional positioning (Other Reportables) shows a mild bullish bias. The market appears to be watching key support levels and waiting on further fundamental catalysts.
FX:USOIL
by BlakqGold
Bullish bounce?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the overlap resistance level. Pivot: 68.47 1st Support: 67.43 1st Resistance: 70.38 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDLong
by ICmarkets
USOil:When to short at high levels?During the evening session yesterday, the price of crude oil surged again, reaching the resistance level of 69.5 per barrel in the session. However, after encountering resistance, part of the bullish momentum took profits and fled the market, causing the price to decline slightly to the support level of 69 per barrel without further drops. After today's opening, the bullish momentum is obviously insufficient, and the price has not risen further, showing a downward extension trend. Today's trading strategy: Focus on taking short positions at relatively high levels. Currently, the support at 69 per barrel is relatively solid. Observe whether the price can reach the resistance range of 69.5 per barrel again. If it breaks through upwards, look at the important psychological resistance level of 70 per barrel. Choose to take short positions again within the range of 69.5 - 70 per barrel, with the target price at $68 per barrel. Participate with a small position. USOIL Trading Strategy: Sell@68.5-69 TP:68-67 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by LeoBlackwood
USOIL: Rally, Resistance, and Technical ReversalThe recent trend of USOIL has been continuously rising in a volatile manner, and the current intraday price has reached a three - week high. Currently, the bullish sentiment in the market is greatly influenced by fundamental news, mainly due to the combined effects of the United States increasing sanctions on Iran's energy and the ineffective and substantive implementation of the 30 - day cease - fire agreement between Russia and Ukraine. Analyzing the short - term trend from the one - hour chart of USOIL, during the US trading session last night, the crude oil price surged again, hitting the resistance of $69.5 in the market. However, after encountering resistance, part of the bullish momentum took profits and fled, and the price slightly retreated to the support of $69 without further decline. After today's opening, the bullish momentum was obviously insufficient, and the price did not rise further. The upper track of the Bollinger Bands extended downward, exerting pressure. The moving average of the Macd indicator formed a cross at a high level and has a downward extension trend, and the momentum column began to release downward. USOIL Trading strategy Sell@69.5-69 tp:68-67.5 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
TVC:USOILShort
by JohnGonzalez7
US OIL LONG RESULTCrude OIL price broke above the diagonal Trendline resistance flipping to support from which I placed a long trade to the Higher TF major resistance. Price Action moved exactly as I predicted just missing my entry price by a few cents 😂 and hitting the set TP (it's part of the Trading Game😅). As we can see currently price has rejected well from the Major Resistance Trendline, from which I'm be waiting for a retest for possible breakout or better holding both Trendline and Zone for a good short, we'll see. _THE_KLASSIC_TRADER_.
TVC:USOILLong
by THE_KLASSIC_TRADER
WTI rises to test major resistance WTI has risen in the last couple of weeks after staging an oversold bounce from around the key $65.00 long-term support level at the start of the month. However, it is now testing a key resistance area between $69.15 - $70.00 range, which is where WTI last sold off from. It is a pivotal zone. Given the underlying long-term bearish trend, I am more inclined to look for bearish setups to form here, than to chase this move higher. However, that being said, I would have to drop my short-term bearish bias in the event WTI were to break decisively above $70.00 level in the days ahead. By Fawad Razaqzada, market analyst with FOREX.com
FOREXCOM:USOIL
by FOREXcom