Market Overview: WTI Crude Oil continues to trade above the critical $100 psychological level, supported by a strong geopolitical risk premium driven by ongoing US–Iran tensions and disruption concerns around the Strait of Hormuz. Despite a symbolic output increase from OPEC+, supply concerns remain

Market Overview: WTI Crude Oil remains highly volatile, driven by ongoing geopolitical tensions and supply disruption risks. Price is currently trading around the $105 zone, supported by Middle East conflict concerns. However, intraday momentum is beginning to slow down, indicating a shift into a co

Market Overview: Price is currently trading within a short-term bullish channel, indicating an overall upward structure. However, recent price action shows clear signs of momentum slowing down, especially as price approaches a key resistance zone. The appearance of rejection wicks near the highs (10

Oil prices extended gains on Thursday after Trump has rejected an Iranian proposal to first open the Strait of Hormuz and lift the blockade, while postponing nuclear talks to a later stage. Goldman Sachs estimates that exports through the waterway have fallen to just 4% of normal levels, but warns o

Fundamental Konflik di Timur Tengah yang berkepanjangan masih terus memicu kekhawatiran terkait harga energi, setelah pihak AS dan Iran sama-sama menyita kapal yang melalui perairan di Teluk Oman seiring masih ditutupnya Selat Hormuz, sehingga hal ini menjadi penyebab utama bagi kenaikan harga minya

Oil prices rose on Friday after Iran posted video of commandos in a speedboat storming a huge cargo ship after the collapse of peace talks. Trump said he would not set a "timetable" for ending the conflict. Israel and Lebanon are said to have agreed to extend their ceasefire by three weeks after a h

Crude Oil (WTI) remains extremely volatile as geopolitical tensions between the United States and Iran continue to escalate. Recent price action pushed WTI toward the $95–$96 zone, driven by supply disruption fears. The biggest catalyst remains the Strait of Hormuz, which handles nearly 20% of globa

Crude Oil is currently trading in a short-term consolidation range following recent volatility. Price action shows a sequence of higher lows, suggesting underlying buying pressure, but strong resistance continues to cap upside momentum. This type of price behavior often signals compression before a

On the 1-hour timeframe, Crude Oil is showing signs of a structural shift after breaking out of a descending wedge pattern, a formation often associated with bullish reversal setups. Since the beginning of April, flag patterns have frequently appeared on the chart, with most breakouts leading to str

WTI crude oil is currently trading inside a short-term consolidation range, indicating a pause after the recent directional move. The current structure reflects market compression, which often precedes volatility expansion and a decisive breakout. 📊 Market Structure Insight 📉 Current Phase: Range