James_Oil_Forecast

At 09:50 GMT, Light Crude Oil Futures are trading $61.61, up $3.11 or +5.32%. The sanctions, announced Wednesday…

Geopolitical Risk Premium Contracts On the geopolitical front, developments that had previously injected risk premium into the market…

Daily Light Crude Oil Futures Any upside continuation faces stiff resistance, with the 50-day moving average at $62.77,…

Trump’s China Tariff Threat Sparks Global Demand Fears Oil’s sharp sell-off was largely driven by risk-off sentiment after…

While a move above the 200-day moving average could shift momentum to the upside, bulls still face overhead…

OPEC+ Output and Resilient Russian Supply Weigh on Sentiment The bearish tone is rooted in persistent oversupply concerns.…

OPEC Output Strategy Fails to Offset Heavy Supply Market sentiment continues to deteriorate as robust global supplies pressure…

Ukraine-Russia conflict reintroduces geopolitical risk to oil prices forecast Bullish sentiment was further fueled by renewed supply concerns…

A sustained move under the 52-week moving average will signal the presence of sellers. If this generates enough…

U.S. Inventories Surprise to the Upside Bearish pressure intensified after the EIA reported a 2.4 million barrel build…

Support remains layered, with $64.05 now acting as the first technical floor. A failure to hold this level…

A breakout above this zone could unlock upside momentum toward last week’s swing top at $65.10, followed by…

Oil News: Crude Oil Futures Rally as Sanctions Bite, Moving Averages Under Pressure