Oil Breakout Brewing as Inflation Picks Up

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Razan Hilal, Market Analyst at Forex.com, examines crude oil prices as they hold near a key breakout zone, with inflation pressures and supply dynamics shaping the outlook. She highlights critical technical levels, including the $100 and $108 thresholds, and explains how macroeconomic data like U.S. CPI and Chinese PPI could influence the next move in energy markets.

This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of Forex.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by Forex.com.

 

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