Oil Prices Surge Amid Threat of Strike on IranOil Prices Surge Amid Threat of Strike on Iran
As shown on today’s XBR/USD chart, Brent crude oil prices have jumped (as indicated by the arrow) to a one-week high. This surge follows U.S. intelligence reports suggesting that Israel may be preparing to strike Iran’s nuclear facilities.
Although C
About U.S. DOLLAR / BRENT CRUDE OIL
Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times.
Brent Oil Update 23-May-25Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, ne
Brent Crude Breaks Lower: Iran Deal Could Add 800K BarrelsBrent crude has dropped over 2% following news that the US and Iran may strike a deal, potentially adding 800,000 barrels per day to global supply. We explore the technical setup, including a wedge pattern and the risk of a deeper fall.
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Dive into the oil storm of 2025!In 2025, oil prices declined due to rising output from OPEC+ countries, growing inventories in the U.S., weakening global demand, a stronger dollar, and ongoing trade tensions between major economies. Further pressure came from OPEC+’s plan to boost production by 411,000 barrels per day — three tim
XBRUSD is moving within the 63.20 - 65.75 range👉🏼 Possible scenario:
Oil prices climbed on May 26 after President Trump extended the EU trade deal deadline to July 9, easing concerns over potential U.S. tariffs.
Brent and WTI rose on May 23 as stalled U.S.-Iran nuclear talks dimmed hopes for increased Iranian oil supply, while U.S. buyers cover
Brent Crude Oil Weekly Short Trade SetupBrent Crude Oil Weekly Short Trade Setup (as of May 22, 2025)
This chart reflects a prolonged downtrend within a clearly defined descending channel. Brent Crude Oil continues to respect the dynamic resistance of the upper boundary and has failed to sustain bullish momentum in recent months. The curr
Brent crude oil Wave Analysis – 21 May 2025
- Brent crude oil reversed from key resistance level 66.00
- Likely to fall to support level 62.00
Brent crude oil recently reversed down from the key resistance level 66.00, which has been reversing the price from the start of April, as can be seen from the daily Brent crude oil chart below.
Th
Oil Trade Setup: Watching the Breakout LevelsI believe it's still too early to short or go long on oil. The market is opening with gaps, and we need to wait for the chart to settle down before making any decisions.
Overall, the situation hasn’t changed much. It still looks bearish. The general trend is downward, and the price continues to sta
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Displays a symbol's price movements over previous years to identify recurring trends.