USOIL next week trend analysis, hope it helps youGeopolitical risks have eased: Recent signs of de-escalation in the Middle East have emerged, with the United States submitting a ceasefire proposal to Hamas. Although not immediately accepted, market concerns about conflict escalation have diminished. Progress has also been made in U.S.-Iran nuclear negotiations, with the Iranian Foreign Ministry stating that significant breakthroughs have been achieved. If an agreement is reached in the future, Iran's crude oil exports could increase by 500,000 to 1 million barrels per day, further impacting the global crude oil supply pattern and increasing supply pressures.
Other supply-increasing factors: Oil field production disruptions caused by wildfires in Alberta, Canada, have been partially restored, reducing supply disturbance factors. In addition, U.S. crude oil output has stabilized at around 13.5 million barrels per day, and institutions predict that U.S. crude oil production will increase by approximately 300,000 barrels per day in 2025, with the Permian Basin as the main growth driver, also bringing additional supply to the market.
Accelerated new energy substitution: Global new energy vehicle sales increased by 25% year-on-year in 2025, combined with improvements in fuel efficiency, the elasticity of crude oil demand continues to decline. With the continuous advancement and application of new energy technologies, the substitution effect on traditional crude oil demand has become increasingly evident, which is unfavorable for long-term crude oil price increases.
USOIL next week trend analysis, hope it helps you
USOIL SELL@61~60.5
SL:62
TP:60~59.5
