
Tankers Still Get Hit but Brent Crude Oil Keeps Falling
Brent crude oil has turned bearish after breaking its uptrend, as de-escalation signals outweigh tanker strikes near the Strait of Hormuz.
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Brent crude oil has turned bearish after breaking its uptrend, as de-escalation signals outweigh tanker strikes near the Strait of Hormuz.

The U.S. Dollar Index, Brent and WTI are rebounding from key support levels and oversold conditions after steep sell-offs. U.S.–Iran tensions, inflation risks and rate expectations remain in focus.

Crude oil prices have pulled back more than 11% from October highs, in line with U.S.-Iran negotiation hopes and shifting U.S. midterm expectations.

Crude Oil Weekly Outlook: Brent–WTI spread tests long-term resistance as monthly RSI reaches overbought territory and key elections approach. Brent and WTI levels and risks ahead.

Brent crude oil gaps sharply lower after an extended rally, while several forex pairs approach key technical levels. We examine the latest setups across oil, EUR/USD, USD/JPY and other major currency pairs.

Brent crude oil is accelerating above $110 as traders price in the risk of a US-Israeli strike on Iran over the weekend. How much more of a geopolitical premium can oil build in before the close?

The Brent WTI spread is testing resistance that has held for about 11 years, with monthly RSI at overbought levels last seen in 2011.

WTI and Brent crude oil have rallied sharply, but high-volume dojis, RSI divergence and cautious positioning warn of pullback risk.

The Brent crude oil outlook turns on overbought momentum, slowing oil demand growth and attacks on energy infrastructure ahead of key elections.

Brent’s recovery above $100 is reinforcing inflation concerns and pressure on bond yields. Depleted inventories could limit oil’s downside even if a US-Iran deal emerges.

WTI crude holds support as bearish momentum fades, while Brent shows relative strength and positioning hints at a possible rebound.

Crude Oil Weekly Outlook: The bearish-to-neutral setup holds as OPEC keeps November quotas steady, Gulf exports recover to near prewar levels, US crude inventories continue to rise gradually, and prices remain below a seven-month barrier.

The 10-year Treasury yield is testing a resistance zone respected since the 1920s, as bearish RSI divergence signals fading upside momentum.
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