WTICOUSD trade at your own analysis. But the chart suggests.
🔹 Insights: Crude Oil Inventories (Commercial + SPR) increased sharply week-over-week, indicating a build in storage despite ongoing drawdowns earlier in the year.
Gasoline and Distillates both declined, suggesting higher demand or lower refinery output, typical of summer driving season trends.
Distillate Fuel Oil and Residual Fuel Oil continue to show large year-on-year declines, pointing to tighter supplies or lower industrial demand.
SPR levels continue to trend lower year-over-year, reflecting the ongoing recovery from past emergency releases.
Propane/Propylene stocks are recovering strongly, up both weekly and annually.
Total petroleum stocks (excluding SPR) remain 3.0% below last year, highlighting broader market tightness.
📌 Conclusion: The U.S. petroleum balance for the week ending July 4, 2025, reflects moderate weekly inventory builds in crude oil and some key products, but gasoline and distillates are still under pressure, likely due to strong seasonal consumption. On a yearly basis, commercial stocks are tighter, particularly in distillates, signaling potential price or supply impacts if demand stays firm.
WTICOUSD If you don't know. BRICS is Brazil, Russia, India, China, and South Africa They have long suggested that they create their own currency to trade without the $ exchange. Whether it will happen or not is an outstanding question. Oil would be affected as these countries would trade oil excluding countries who trade in $. An interesting concept.
Trump: Any Country aligning themselves with the anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy - Truth Social
USOIL Any retrace coming on the Hourly can potentially be towards the trendline level (or close to it), then back down again because the Hourly is still newly in Bearish (directional) Market Bias.
Below is the thin S&R Zone (that starts at 67.60) and a Swing Low of 67.29. We'll see how low the bears will go when they resume their descent.
USOIL We've got a Triple Inside Day on the 4-Hour that formed yesterday. The BIG move from it is forming now with the bears headed for 67.16, the low of the Inside Day pattern for a breakout and can go down more.
USOIL Looking at the Daily that is in Bullish (directional) Market Bias, a Micro-Double Top formed with the highs of the last two candles.
As the bears descend from a fake breakout from the high of the Inside Day at 67.70, they are going back into the pattern and will near the Bullish Trendline (in green dotted line) to potentially cross down and to its right, flipping the market bias from bullish to bearish.
Watch to see if they will find resistance at the S&R Zone or drop below it over time.
Get ready to execute the Ultimate WTI / US Oil Spot Heist using our 🔥 Thief Trading Style 🔥, blending sharp technicals with powerful fundamentals! 📈💡 This swing trade plan targets the energy market’s bullish potential, but stay sharp—volatility lurks! 🚨 Follow the chart setup for a long entry, and let’s aim for those juicy profits while dodging the high-risk ATR zone where the market “police” might trap overzealous traders. 🏦⚠️
📊 The Heist Plan: WTI / US Oil Spot (Swing Trade) Entry 📈: The breakout is your signal! 🎯 Wait for the Moving Average crossover and a confirmed pullback at $68.00 on the 2H timeframe. Once it triggers, go long and ride the bullish wave! 🐂 Set an alert to catch the breakout in real-time. 🚨
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Target 🎯: Aim for $73.80 or exit early if momentum fades. Scalpers, stick to long-side trades and use a trailing stop to lock in gains. 💰 Swing traders, follow the plan and secure profits before the market consolidates or reverses. 🏴☠️
WTICOUSD trade at your own analysis. But the chart suggests. 
