OPEC

Crude Oil Weekly Outlook: WTI crude is challenging the $65 resistance as markets weigh US-China trade talks, expectations of an OPEC+ supply cut rollback by June, rising supply risks from Russia, and heightened geopolitical tension following an explosion at Iran’s Bandar Abbas port near the Strait of Hormuz — a key oil transit route — which may impact oil prices next week.

Crude Oil, Nasdaq Forecast: Crude Oil and Nasdaq hold their rebounds—with oil hovering near $60 and the Nasdaq below 19,200—as markets await direction from US-China trade talks, key economic data, and earnings releases. What are the potential scenarios?

Crude Oil Week Ahead: Crude oil’s rebound from the $55 level, last seen at oversold momentum levels of 2020, aligned with a broader U.S. market recovery on Wednesday. OPEC’s tentative Monday report is set to clarify 2025 supply-demand projections amid trade tensions and quota shifts.

Oil prices retreated to $66 amid growing concerns over global economic growth, rising inventory levels, and oversupply risks, further pressured by OPEC’s April supply plans. With the (FOMC) meeting on the horizon, market participants are closely watching for signals on the Fed’s policy stance and its implications for oil demand.

Crude Oil Week Ahead: The transition from trade wars to trade deals has taken a significant toll on markets. Upcoming geopolitical developments, OPEC’s monthly report, and the US inflation report—following concerns over China’s deflation—add further uncertainty to the oil market this week.

Crude Oil, Gold Outlook: As OPEC leans toward an output increase in April and trade tensions escalate between the U.S., Canada, Mexico, and China, oil bears take the lead while gold bulls re-enter the market, hedging against uncertainties.

Despite the delayed tariff agreements between the US, Mexico, and Canada, the 10% US tariffs on Chinese imports remain in effect as of today. Meanwhile, bearish sentiment dominates crude oil, with prices dipping back below $72

Crude Oil Week Ahead: Crude oil retested its 2025 starting point, hovering near the key $72 support zone ahead of the first OPEC meeting of the year, next week's ISM PMI and Non-Farm Payrolls reports, and evolving energy policies under Donald Trump.

Crude Oil Week Ahead: Crude oil remains on a bullish track this year, reaching 4-month highs. Next week, key inputs such as Chinese economic data, shifts in Fed rate expectations, and OPEC and IEA monthly reports are expected to shape the still range-bound direction of oil prices.

Crude Oil Outlook: With several challenges facing OPEC’s meeting today, crude oil’s 4-year support zone remains pivotal in determining its next move—will it result in a bearish breakout or a bullish reversal?

Crude Oil Week Ahead: Crude oil’s 4-year support level has amplified its importance as supply disruption risks rise again amid the Russia-Ukraine conflict. Meanwhile, OPEC’s upcoming meeting on Sunday could reshape production quotas and influence market dynamics.