Crude Oil Futures
Crude Oil Futures forum
Sell zone: 64.60–64.85 → short to 64.24 / 63.90 / 63.15 if rejection.
Buy trigger: 15m close >64.80 → long on retest 64.63–64.72 to 65.05 / 65.95 / 66.95.
short position sell below 5619
stoploss 5633 ( 4 hours closing)
Target - 5524 , 5395



Theoretically, that would create more supply which would bring the prices of Oil down.
However, we're also seeing conflicts, military actions, tech development and other things happening simultaneously. These events could be the cause for an increase in demand that would bring the prices of oil up.
The new demand would bring enough money to offset the increase in price, keeping gas prices for consumers low while also benefiting countries and companies.
Am I tripping?