Get started
U.S. DOLLAR / WTI CRUDE OILU.S. DOLLAR / WTI CRUDE OILU.S. DOLLAR / WTI CRUDE OIL

U.S. DOLLAR / WTI CRUDE OIL

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

USDWTI trade ideas

WTI - The fate of oil with Trump's policies!WTI oil is above the EMA200 and EMA50 in the 4-hour time frame and is moving in its upward channel. In case of a downward correction towards the demand zone, the next opportunity to buy oil with a suitable risk reward will be provided for us. Being in the supply zone of oil will provide us with the possibility of selling it with reimport at a suitable risk. The price of US crude oil futures (WTI) reached $75 per barrel, marking its highest level in the past three months. According to the American Petroleum Institute (API), US oil inventories dropped by 4 million barrels last week. If this reduction is confirmed by official data, inventories would reach their lowest levels since 2014. The severe cold in the United States has increased fuel demand and heightened risks of production disruptions, while Europe is also facing harsh winter conditions. Meanwhile, the Trump administration’s tighter sanctions on Iran, combined with a global supply reduction and persistent cold weather, could pave the way for further increases in oil prices. Last year, crude oil prices declined due to weak demand from China and oversupply. Market analysts predict that oil prices will remain under pressure in 2025. In its November report, the International Energy Agency projected that global oil demand would grow by less than one million barrels per day in 2025, a significant decline compared to the two-million-barrel-per-day increase seen in 2023. The Commonwealth Bank of Australia (CBA) forecasts that Brent crude prices will drop to $70 per barrel this year due to expectations of increased oil supply from non-OPEC+ countries, which could offset global consumption growth. In a December note, BMI stated that the global oil market would likely face an oversupply in the first half of 2025 as new and substantial production from the US, Canada, Guyana, and Brazil enters the market. However, if OPEC+ implements its voluntary production cut plans, this oversupply could exert even more downward pressure on prices. BMI also highlighted that the outlook for global demand in 2025 remains unclear, stating, “Global demand for oil and gas continues to face uncertainty, with sustained economic growth and rising fuel consumption potentially offset by the impacts of trade wars, inflation, and declining demand in developed markets.” Additionally, the recent disruption of Russian gas flows to several European countries by Ukraine on the first day of the new year has added further uncertainty to global markets. As long as this situation persists, gas prices are expected to remain elevated. Citi Bank also noted that colder weather in the US and Asia during the remaining winter months could keep prices at high levels. According to the Financial Times, Donald Trump, who will assume office on January 20, is set to take control of one of the most powerful economic governance tools, capable of significantly enhancing America’s influence abroad. This tool is unmatched since the Cold War. However, the US economic framework remains flawed due to poor coordination and conflicting political priorities, presenting Trump with significant challenges in developing and implementing it. Unlike Joe Biden’s efforts to create a multifaceted geopolitical approach similar to China’s, the US economic framework suffers from issues in coordination and goal-setting.
TVC:USOIL
by Ali_PSND
Brent Oil Poised for a Rally!Brent crude prices are currently influenced by a combination of strong geopolitical and climatic factors. At present, WTI is trading around $73.30 per barrel, nearing its highest levels since October 2024, as investors closely monitor the potential impact of colder weather in the United States and Europe. Seasonal demand for heating oil is expected to rise, providing additional support to crude prices. Simultaneously, China’s economic policy plays a crucial role in shaping the global energy market, given its status as the world’s largest crude importer. Recent stimulus measures announced by Beijing, including ultra-long-dated treasury bonds and initiatives to boost investment and consumption, have heightened expectations for increased fuel demand. Support from the People’s Bank of China, which anticipates a potential interest rate cut in 2025, along with the Shanghai Stock Exchange’s commitment to further open capital markets to foreign investors, strengthens the country’s economic recovery outlook. In addition to these dynamics, the outlook for Iranian exports remains a critical factor for the Brent market. Goldman Sachs forecasts a decline in Iranian production by approximately 300,000 barrels per day by the second quarter of 2025, lowering the country’s total output to 3.25 million barrels per day. This drop is attributed to the anticipated tightening of sanctions under the new Trump administration, which could curtail global supply and support higher prices. The combination of rising seasonal demand for heating oil, growing demand from China, and reduced Iranian supply could sustain an upward trend in Brent prices in the short to medium term. However, it remains essential to closely monitor geopolitical developments and major central bank policies, as any significant changes could alter the current outlook.
TVC:USOILLong
by Forex48_TradingAcademy
1
USOIL 🛢️ WTI Crude Oil (USOIL) 1H Chart Analysis Price is consolidating around key demand zones at $7,261.5 and $7,270.2, showing potential for a bullish bounce. A break above $7,353.3–$7,364.8 could confirm upward momentum. 🛠️ Plan: Bullish Bias: Buy near the demand zones with targets at $7,353.3 and $7,364.8. Bearish Scenario: A break below $7,261.5 may indicate further downside pressure. Monitor for price action and confirmation signals! 💎 FXFOREVER – Turning market opportunities into profits.
FOREXCOM:USOILLong
by FXFOREVER_87
Crudeoil...Next target 78 -80 Dollers but after Retracement ..!!US Oil has shown good momentum as expected....Broken Very Strong Level of 72.5 Doller as expectations and has hit the target of 74 dollers mentioned in previous idea....As we can see it is going up from last 5 days , has not taken any retracement for which most of the buyers are waiting for. Expected move on monday Red Box is a retracement level. Lets hope for the best to see the new Rally till 78-80 dollers after touching a levels of Red Box.
FX:USOILLong
by tembhurnepranay0303