Outlook for Next Week's Oil Price: Entering a Volatile Stalemate
Next week's crude oil market is likely to enter a consolidation phase, driven by two conflicting forces:
. Geopolitical Uncertainties: A Double-Edged Sword
- U.S.-Iran Negotiations: The fifth round of U.S.-Iran talks is planned, but significant disagreements remain over nuclear sanctions and regional influence. A breakdown in negotiations could reignite tensions in the Strait of Hormuz (through which 20% of global oil flows), potentially disrupting 1.5–2 million bpd of Iranian supply and triggering short-term price surges.
- Russia-Ukraine Ceasefire Prospects: Unclear progress in peace talks leaves risks of renewed disruptions to Black Sea exports (critical for Russian crude and Ukrainian grain shipments), adding volatility to an already tense market.
- The outlook for the crude oil market next week, I hope it will be helpful to you
USOIL BUY@61.0~61.5
SL:60
TP:62.5~63
Next week's crude oil market is likely to enter a consolidation phase, driven by two conflicting forces:
. Geopolitical Uncertainties: A Double-Edged Sword
- U.S.-Iran Negotiations: The fifth round of U.S.-Iran talks is planned, but significant disagreements remain over nuclear sanctions and regional influence. A breakdown in negotiations could reignite tensions in the Strait of Hormuz (through which 20% of global oil flows), potentially disrupting 1.5–2 million bpd of Iranian supply and triggering short-term price surges.
- Russia-Ukraine Ceasefire Prospects: Unclear progress in peace talks leaves risks of renewed disruptions to Black Sea exports (critical for Russian crude and Ukrainian grain shipments), adding volatility to an already tense market.
- The outlook for the crude oil market next week, I hope it will be helpful to you
USOIL BUY@61.0~61.5
SL:60
TP:62.5~63
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.