BCOUSD Brent crude is indeed seeing a bit of a run starting. With recent disruptions to key shipping lanes, the market is reacting, and this could signal a period of strength for oil bulls.
BRENT just doesn't want to move higher - even with such hot news. There's a high propability of a sharp pullback by a potential rebound. Overall, my setup isn't there yet, so I'm staying on the sidelines for now. Just observing from here.
UKOIL Today will be one to watch.. Expect some Volitility. Oil prices are expected to remain elevated, and likely increase today, due to the escalating Israel-Iran conflict and the involvement of the US, which directly impacts the stability of the Middle East, a key oil-producing region. Concerns about potential disruptions to oil supplies, particularly through the Strait of Hormuz, are driving a significant geopolitical risk premium in prices. While some profit-taking may occur, the overall sentiment remains bullish, with analysts anticipating further upside as long as tensions persist. Small accounts, be carefull.
BCOUSD Oil Alert: Hormuz Tensions & 160%+ Spikes History repeats: military conflicts ignite massive oil rallies! * Gulf War (1990): Oil surged 160% ($16 to $40) * US Invasion of Iraq (2003): Oil jumped 200%+ ($26 to $76) * Arab Spring (2011): Oil rose 60%+ ($73 to $115) * Russia-Ukraine War (2022): Oil doubled ($65 to $132) TODAY (2025): Israel-Iran tensions escalate, threatening 20-30% of global oil flow through the Strait of Hormuz. JP Morgan projects $120+ Brent, a 60%+ upside! I'm all in with a buy on Brent oil at 73.900. Let's check where its at by Wednesday!
BRENT is all over the place and still struggling to break above the 76.2 level. At the moment, there are no clear opportunities or setups for buying or selling. In my view, the best strategy here is to stay on the sidelines and observe. A solid setup might not appear anytime soon — the price action is extremely volatile, with lots of wicks and noise. Entering now would simply be too risky.
BRENT Following recent developments, oil prices have risen by more than 4%. Global attention has turned to the potential closure of the Strait of Hormuz, a key energy transit route. Analysts warn that such a disruption could significantly impact global supply dynamics and may push oil prices above the $100 level.