Articles tagged with "brent"

Crude Oil Weekly Outlook: Despite escalating Houthi attacks on Saudi Arabia and continuing tensions between the United States and Iran, crude oil prices are now facing major resistance that must be overcome before another bullish rally can be confirmed.

The BRICS summit call for maximum restraint has not removed the security premium in the energy complex, with an unresolved U.S. Iran situation and transit risk through the Strait of Hormuz still in the frame

Crude Oil Weekly Outlook: BRICS Summit Calls for Maximum Restraint as the Energy Crisis Reaches Critical Economic Tipping Points

Crude Oil Price Outlook: Crude oil remains the market’s dominant narrative despite conflicting headline signals

Crude Oil Weekly Outlook: WTI holds above 7-month resistance as traffic through the Strait of Hormuz remains constrained and US-Iran tensions escalate. Key technical scenarios remain in focus as upside risks mount.

WTI crude oil broke above a declining resistance line that had capped every rally since March 2026, and Brent did not follow.

Crude oil Weekly Outlook: Crude oil remains supported as markets balance recovering supply against persistent Strait of Hormuz risks. Key WTI levels define escalation and de-escalation scenarios.

Crude oil prices are keeping a geopolitical premium even as a U.S.-Iran deal looks closer, with WTI and Brent still pricing Strait of Hormuz risk.

Middle East ceasefire negotiations and key technical resistance levels triggered a correction in crude oil prices after last week's surge above $90 per barrel. However, geopolitical risk premiums remain firmly embedded in the market.

Brent crude oil is approaching a major technical turning point as repeated gap closures and Middle East geopolitical tensions reshape the market outlook. Razan Hilal, FOREX.com Market Analyst, explains how chart patterns, overbought momentum, and developments surrounding U.S.-Iran security and regional oil transportation could determine whether Brent extends toward $120 or reverses sharply in the weeks ahead.

Crude oil prices have rebounded as renewed U.S.-Iran tensions and technical buying revive bullish momentum, but rising OPEC+ production and recovering Gulf exports continue to point to downside risks later this year. Razan Hilal, Market Analyst at FOREX.com, explains the key technical levels for WTI and Brent, why geopolitical risk premiums have returned, and what could determine the next major move in oil markets.

Crude Oil Price Forecast H2 2026: Crude oil prices have retraced sharply toward pre-war levels, falling more than 40% from their yearly highs and reviving early-2026 concerns that supply growth could outpace demand during the second half of the year.