Crude Oil Market Update

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WTI

Crude Oil recently surged toward the $110–$114 zone, driven by geopolitical tensions and supply disruption fears.

The market has now cooled near $94–95, as expectations of supply increases and reserve releases come into play.


🌍 Market Insight

• Strong geopolitical risk premium

• Possible IEA & US intervention

• Highly volatile, news-driven environment


🔍 Technical Structure

• Short-term → Bearish correction

• Medium-term → Strong bullish trend


📉 Key Levels

Resistance

• 96.50 – Intraday supply

• 100.00 – Psychological level

• 104.00 – Breakout continuation

Support

• 92.00 – Immediate support

• 88.50 – Strong demand

• 85.00 – Major support


Crude Oil is experiencing a healthy pullback, but the broader bullish trend remains supported by geopolitical uncertainty.


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Crude Oil Market Update


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