Crude Oil Price Forecast & Predictions

+0.90%

Oct 7, 04:17 UTC

Open

Technical Outlook

FXEmpire analysts don’t currently publish price targets for this instrument. The signal below is generated from 22 technical indicators and updates through the trading day.

Overall Signal

Sell

12 Sell4 Neutral6 Buy

Crude Oil: Sell on the Daily timeframeSignal downgraded from Neutral yesterday●Updated Oct 6, 21:53 UTC

Key levels today · based on daily pivot points

Nearest support90.7803

Price now91.9330

Next resistance92.9037

Weekly range

83.2777 – 100.226from current volatility

Full Technical Analysis

James Hyerczyk

Oil News: WTI and Brent Bounce as Thin Inventories Limit Release Impact

Brent Oil+1.10%WTI Oil+0.90%

Bruce Powers

WTI Crude Oil Price Forecast: $88.66 Support Signals Potential Pullback Low

WTI Oil+0.90%

Vladimir Zernov

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Iran Attempts To Stop Traffic In Hormuz

Brent Oil+1.10%NATURAL-GAS+2.09%WTI Oil+0.90%

Christopher Lewis

The Scarcity Trade Is Gaining Momentum – And the Biggest Commodity Moves May Still Be Ahead

Brent Oil+1.10%COPPER-0.09%CORN+2.49%

Vladimir Zernov

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As Saudi Aramco Cuts Prices For Asian Buyers

Brent Oil+1.10%NATURAL-GAS+2.09%WTI Oil+0.90%

Christopher Lewis

Chris and Tiger Podcast – Euro Slides as France Fears, High Yields Shape Markets

Brent Oil+1.10%FR40-EUR-0.33%EUR-USD-0.16%

Christopher Lewis

Crude Oil Price Forecast – More Crude, Less Gasoline

Brent Oil+1.10%WTI Oil+0.90%

Tim Duggan

US Diesel Export Ban Could Raise Gasoline Prices Despite G7 Release

Brent Oil+1.10%WTI Oil+0.90%

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12

Seasonality

+3.3%

Jan

+3.6%

Feb

+1.8%

Mar

+5.3%

Apr

+2.8%

May

+0.4%

Jun

-1.8%

Jul

-0.2%

Aug

-1.4%

Sep

-3.3%

Oct

-0.1%

Nov

+1.2%

Dec

October averages -3.3% over the last 20 years

Economic Calendar

Crude Oil Price Forecast & Predictions

Technical Outlook

Oil News: WTI and Brent Bounce as Thin Inventories Limit Release Impact

WTI Crude Oil Price Forecast: $88.66 Support Signals Potential Pullback Low

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Iran Attempts To Stop Traffic In Hormuz

Markets Rally as Oil and Bond Yields Fall, AI Optimism Holds

Oil Price Forecast – Oil Drifts Lower on Tuesday

Natural Gas and Oil Forecast: WTI Tests $88.55 as Brent Eyes $103.90

Oil Price Forecast: Rising Middle East Exports Limit the Rebound

The Scarcity Trade Is Gaining Momentum – And the Biggest Commodity Moves May Still Be Ahead

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As Saudi Aramco Cuts Prices For Asian Buyers

Chris and Tiger Podcast – Euro Slides as France Fears, High Yields Shape Markets

Crude Oil Price Forecast – More Crude, Less Gasoline

US Diesel Export Ban Could Raise Gasoline Prices Despite G7 Release

Seasonality