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US WTI Crude (Spot) (XTIUSD)US WTI Crude (Spot) (XTIUSD)US WTI Crude (Spot) (XTIUSD)

US WTI Crude (Spot) (XTIUSD)

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USOLI NEXT MOVE ounter-Analysis (Bearish Scenario Instead of Bullish) Rejection at Resistance Instead of Breakout The targets assume that price will move past resistance zones at $69-$71, but resistance could hold, causing a reversal. If sellers step in near resistance, we could see another leg downward instead of a rally. Support Failure Instead of Bounce The chart suggests that crude oil will bounce from support (~$66.89), but if selling pressure increases, the price could break below support instead. A break below $65.85 (strong support) could send USOIL toward lower levels ($64 or below). Lower High Formation Instead of Uptrend If oil fails to break above resistance and forms a lower high, it could indicate continued bearish momentum rather than a bullish reversal. The previous downtrend might still be intact, with this current move just being a retracement before another drop. Fundamental Risks Macroeconomic factors like higher interest rates, reduced demand, or increased oil supply could prevent a bullish rally. If economic data suggests slowing growth, oil prices could struggle to push higher.
TVC:USOILLong
by mrsamfx81
Rising Crude Stockpiles and Lower Refinery UtilizationU.S. commercial crude oil inventories increased by 3.6 million barrels last week, bringing total stockpiles to levels that remain 4% below the five-year seasonal average. This build in inventories comes as refinery throughput declined by 346,000 barrels per day (bpd) to 15.4 million bpd, with utilization dropping to 85.9%. The reduction in refinery runs reflects both seasonal maintenance and broader adjustments in refining operations, as facilities respond to shifting demand trends across different fuel products. Despite the lower processing rates, gasoline production increased to 9.6 million bpd, while distillate output fell to 4.6 million bpd. This divergence suggests that refiners are prioritizing gasoline production while scaling back on distillate output, possibly in response to evolving consumption patterns. Shifts in Product Balances and Market Dynamics Gasoline inventories declined by 1.4 million barrels, though they remain 1% above the five-year seasonal average. This drawdown suggests that while gasoline demand has not surged, refiners are maintaining a cautious approach to supply. In contrast, distillate inventories dropped by 1.3 million barrels, pushing stockpiles to levels 6% below the five-year average. The continued decline in distillate inventories, combined with strong demand growth in industrial and freight sectors, underscores the ongoing supply constraints in this market segment. Total petroleum consumption over the past four weeks increased by 3.4% year-over-year, with gasoline demand rising by 0.9%, while distillate demand posted a more significant 7.1% increase. The discrepancy between demand trends for these two fuel types highlights the resilience of diesel consumption, which remains a key driver of refinery economics and fuel price movements. Impact on Oil Prices and Market Sentiment Crude oil inventories continue to rise, with West Texas Intermediate ( PYTH:WTI3! ) crude oil prices falling to $67.42 per barrel, down $13.53 from the same period last year. This price decline reflects broader uncertainty in the oil market, with factors such as weakening global demand, stable U.S. production, and lower refinery throughput contributing to the downward pressure on crude oil prices. The combination of rising inventories and lower refining activity suggests that crude demand from refiners may remain subdued in the near term. However, if refinery utilization rebounds in the coming weeks—particularly with the transition to summer-grade gasoline production—crude inventories could begin to see drawdowns, potentially stabilizing oil prices. The strength of distillate demand may also play a role in balancing the market, as refiners look for profitable margins in diesel production. Investment and Trading Considerations Refinery stocks, such as Phillips 66 ( NYSE:PSX ) and Valero ( NYSE:VLO ), could see margin improvements if refiners adjust operations to favor higher-value products. Meanwhile, crude futures markets may face continued downside pressure unless demand factors provide support. Seasonal refinery maintenance could also have a lasting impact on product balances, keeping certain fuel markets tighter than others. The rise in crude inventories, coupled with lower refinery utilization, highlights a transitional phase in the market. While short-term price pressure persists, the evolving dynamics in fuel production and demand could lead to shifts in market sentiment in the weeks ahead.
FPMARKETS:WTI
by igorisaev
WTI Crude bearish ahead of US weekly InventoriesThe WTI Crude Oil price action sentiment appears bearish, reinforced by the prevailing long-term downtrend. The recent price action indicates a potential oversold rally, approaching a critical resistance zone. Key Levels and Price Action The primary trading level to watch is 68.65, representing the current intraday swing high and falling resistance trendline. An oversold rally towards this level, followed by a bearish rejection, could confirm continued downward momentum. In this case, the next downside support targets are at 66.04, 65.34, and 64.80 over the longer timeframe. On the other hand, a decisive breakout above the 68.65 resistance level, confirmed by a daily close, would invalidate the bearish outlook. This scenario could trigger further rallies toward the next resistance levels at 69.30 and 70.12. Conclusion The sentiment remains bearish as long as the 68.65 resistance level holds, with potential downside targets at 66.04, 65.34, and 64.80. A confirmed breakout above 68.65 would shift the outlook to bullish, paving the way for potential rallies toward 69.30 and 70.12. Traders should carefully watch the price action around the 68.65 level to assess the next directional move. 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: Will oil prices continue to fall? Can I buy it?Dear trader friends, are you still curious whether you can buy USOIL or continue to short USOIL? Listen to Jack's opinion. USOIL: At present, oil prices have rebounded slightly under the situation that the United States has restricted Iraq's oil exports. The current price is 66.7. At present, the New York market has not opened. It is expected that after the opening of the market, the oil price will further increase. The demand for oil in the market has increased, and the supply is insufficient. Therefore, it is expected that oil prices will rise in the short term. So it is my idea to go long on USOIL now. Buy at 66-66.5. tp67.5-68. sl65.5 Personal thoughts, for reference only. If you follow my signals or refer to my suggestions, remember to pay attention to the real-time notifications within the analysis circle. Convenient for subsequent operations or closing positions.
TVC:USOILLong
by Confident_Step
OIL / WTI PoV - LONGThe analysis of the current oil price highlights the $65/66 range as a critical level for a potential rally. After a period of consolidation and corrections in recent weeks, oil seems to have found strong support around these levels, with prices oscillating between $65 and $66 per barrel. These levels represent an important liquidity zone, as in the past, the price has found support here, suggesting that there could be an opportunity for a bullish rebound if the price manages to remain stable above this threshold. A rally above the $65/66 level could be supported by several fundamental factors, including improved demand prospects, a reduction in global inventories, and potential policies from OPEC. If demand for oil increases, especially with economic recoveries in certain regions or a rise in industrial production globally, there could be further support for prices. Additionally, OPEC+'s stance in the production-limiting agreement and potential supply cuts could keep the market tight, pushing prices higher. Geopolitical dynamics also play a significant role in determining the direction of oil. Any tensions or disruptions in supply from key producing countries, such as those in the Middle East, could serve as catalysts for further price increases. Another factor that could support prices is the depreciation of the dollar, which typically benefits oil, as the commodity is priced in dollars. However, if the price fails to maintain stability above the $65/66 level, we might see a new correction phase, with prices possibly retreating to lower levels. A move away from these levels could mark the beginning of a new bearish phase, with the risk of prices sliding back towards $60 per barrel or even lower if demand weakens or if there are supply excesses in the market. In summary, the $65/66 level is crucial for the price of oil. Maintaining or closing above these levels could pave the way for a rally, while failure to do so could lead to further price weakening. With OPEC+ policies playing a key role in balancing the market, the next few months will be critical in determining the future direction of oil prices.
VANTAGE:USOUSDLong
by Generazione_X
WTI Oil H4 | Overhead pressures remain in place?WTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 68.46 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement. Stop loss is at 70.70 which is a level that sits above the 61.8% Fibonacci retracement and a multi-swing-high resistance. Take profit is at 65.20 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILShort
by FXCM
OIL TARGET SUCCESSFUL READ IN CAPTIONSWTI Crude Oil Analysis (1-hour chart) Key Levels: - Resistance: Around 66.89 (highlighted in blue). - Order Block: Marked as a potential reversal zone near 67.50-68.00. - Support Level: Clear support at 65.82. Trade Setup: - Sell Opportunity: As price is near the resistance level and has previously reversed from the order block zone, consider looking for short positions. - Target: 65.82, aligning with the support level indicated on the chart. - Risk Management: Place a stop loss just above the resistance area (around 67.50). Technical Indicators: - Stochastic Oscillator: Currently at 64.72, suggesting potential overbought conditions and a possible downward move toward the support target. Conclusion: Given the market conditions, the expectation is for a move towards the support level at 65.82. Watch for price action at the resistance and order block levels for confirmation before entering a trade. Always remember to manage risk appropriately and avoid overexposure. Happy trading!
TVC:USOILShort
by Joan_Pro_Trader
WTI CRUDE OIL: 4H Channel Down targeting 64.00WTI Crude Oil is almost oversold on its 1D technical outlook (RSI = 33.014, MACD = -1.680, ADX = 27.887) but on the lower 4h timeframe its formed a Channel Down that just completed a peak formation. This indicates that it is ready for its next bearish wave, with the previous two registering -6.55% declines. The trade is short, TP = 64.00. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILShort
by InvestingScope
1
WTI Crude Oil (USOIL) - Potential Bullish Reversal from Support Technical & Fundamental Analysis: WTI Crude Oil (USOIL) has reached a strong support zone around $64.84, where buying pressure could lead to a bullish reversal. Based on the 30-minute chart, we observe key technical signals indicating a potential upside move. Technical Analysis: ✅ Support Zone Identified: Price has tested the $64.84 - $65.00 area, showing signs of demand. ✅ Reversal Confirmation Needed: A bullish candle formation at this level could confirm a bounce. ✅ Supertrend Indicator: Price is currently below the Supertrend resistance but could flip bullish if it crosses above $66.50. ✅ Target Resistance: First key resistance is at $68.53, followed by $70.00+ if momentum continues. Fundamental Factors: 🔹 Geopolitical Tensions & Supply Constraints – Any disruption in oil supply could trigger price increases. 🔹 OPEC+ Decisions – Market expectations regarding production cuts may impact sentiment. 🔹 USD Strength & Inflation – A weaker dollar or higher inflation data can push crude oil prices higher. Trade Setup & Plan: Entry: Around $65.00 - $65.50 after confirmation of reversal. Stop Loss: Below $64.80 (to protect against further downside). Take Profit 1: $68.50 (key resistance). Take Profit 2: $70.00+ if bullish momentum continues. Conclusion: If WTI Crude Oil holds above $65.00, a bullish reversal toward $68.50 - $70.00 is likely. However, failure to hold support may lead to further downside. Keep an eye on price action and news catalysts! Trade Wisely & Manage Risk!
TVC:USOILLong
by Mr_Kevin_Trading
Latest USOIL Trading Signal PlanToday's crude oil opened at $66.34, slightly higher than yesterday's low, indicating that the market has some support around $65. After Wednesday's low of $65.22, the 4-hour chart closed with a positive line with a long lower shadow, showing that bulls have strong defense around $65. According to the current trend analysis, the price fell from $73.14 to $68.36, a drop of $4.78; it rebounded from $68.36 to $70.60, a rebound of $2.24, and a correction of about 50%. The drop from $70.60 to $65.22, a drop of $5.38, may theoretically have ended, but considering the support of the $65 mark, it may further fall below $65. The current trend stage may be nearing its end, but the $65 mark has not been effectively broken, and the possibility of further decline needs to be paid attention to. The target below may be in the $64.00-63.00 range. If the price stabilizes around $65, it may start to rebound, with the target in the $67.00-68.00 range. Short selling is the main method of rebounding during the day. Pay attention to the support effect of the $65 mark. If the price effectively falls below $65, short selling can be pursued, with the target at $63.00-64.00. Trading is risky and positions should be controlled reasonably. When the opportunity comes, if you don’t know when to buy or sell, pay close attention to my real-time signal announcement or leave me a message so that you can realize the joy of quick profits. FOREXCOM:USOIL FX:USOIL TVC:USOIL
TVC:USOILShort
by Cryptocurrency_analystBaker
Crude Oil: Is There More Downside?Following crude oil’s rebound from its September 2024 low of $65.20, the risk of a reversal remains uncertain amid ongoing bearish pressures. Key Events This Week: Chinese deflation risks OPEC monthly report US CPI data Trade war developments Potential Scenarios: 🔻 Bearish Scenario: A clean break below $65 could extend losses toward $63.80, a key level that may determine whether the market holds neutral and rebounds or breaks further into a steeper bearish trend towards $62, $60, and $55 (the 0.618 Fibonacci retracement of the 2020–2022 uptrend). 🔺 Bullish Scenario: If the rebound sustains above $67, resistance levels at $68.70, $70.80, and $72.50 could come back into play. - Razan Hilal, CMT
FOREXCOM:USOIL
by FOREXcom
USOIL Analysis – Key Support Zone in Play🔥 #! 🔥 📉 Heavy Selling Pressure Since January Crude oil has been under strong bearish pressure for months and is now hovering near its major support zone of $65-$67. 📌 Why This Zone Matters? This level has acted as a strong support 4-5 times in the past 📊 Holding firm for the last 2 years ⏳ High probability of recovery from this zone 💰 Positional Buy Setup: ✅ Buy around current levels 📍 ✅ Stop-loss: Below $64.50 (Daily close) 🚨 ✅ Target 1: $70 🎯 ✅ Target 2: $72 🚀 ⚠️ Risk Warning: USOIL is highly volatile, making it risky for conservative traders. If you prefer safety, it's best to stay out of this trade. 📊 Trade with caution and proper risk management! 📈🔥
FX:USOILLong
by MrKTechnicalLevels
USOIL: Will oil prices continue to fall? Can I buy it?Dear trader friends, are you still curious whether you can buy USOIL or continue to short USOIL? Listen to Jack's opinion. USOIL: With the decline of last week's news, the restrictions on the export of oil from Iraq, a major oil country, have led to an increase in market demand, which has led to a rise in short-term oil prices. The news has not been released, and Trump has not continued to mention this matter. Oil is a short-term strategic reserve resource. When the demand in the market rises. Then the rise in oil prices is just a matter of time. In the short term, we need to pay attention to whether the oil price of 67.5-68 can be stable. In terms of trading, it is still mainly buying at low levels. Personal thoughts, for reference only. If you follow my signals or refer to my suggestions, remember to pay attention to the real-time notifications within the analysis circle. Convenient for subsequent operations or closing positions.
TVC:USOILLong
by Confident_Step
USOIL Will Go Higher From Support! Buy! Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 67.18. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 70.05 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TVC:USOILLong
by SignalProvider
1
WTI Oil H4 | Rising into overlap resistanceWTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 68.46 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 70.70 which is a level that sits above the 61.8% Fibonacci retracement and a multi-swing-high resistance. Take profit is at 65.20 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILShort
by FXCM