Crude Oil Price Forecast & Predictions

+2.06%

Sep 16, 03:14 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

Buy

5 Sell2 Neutral15 Buy

Crude Oil: Buy on the Daily timeframeSignal downgraded from Strong Buy on Saturday●Updated Sep 15, 21:16 UTC

Key levels today · based on daily pivot points

Nearest support102.817

Price now104.539

Next resistance104.832

Weekly range

96.9270 – 113.985from current volatility

Full Technical Analysis

Bruce Powers

First Light News: Oil Nears US$110, Treasury Yields Clip 5% as AI Fears Weigh on Sentiment

Brent Oil+1.12%GBP-USD+0.07%TECH100-USD-0.42%

Muhammad Umair

Oil Price Forecast: Saudi Pipeline Outage Puts $120 in Focus

Brent Oil+1.12%WTI Oil+2.05%

Phil Carr

Hard Assets Are Entering Their Next Explosive Phase – Are You Positioned?

Brent Oil+1.12%COPPER+1.35%GOLD+0.95%

Vladimir Zernov

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats From Session Highs As Trump Hints U.S. May Restart Iran Talks

Brent Oil+1.12%NATURAL-GAS+1.88%WTI Oil+2.05%

Przemysław Radomski

Gold Slides After the Meeting That Did Not Happen

Brent Oil+1.12%GOLD+0.95%SILVER+2.36%

Christopher Lewis

Crude Oil Forecast: Saudi Attack Fuels WTI, Brent Rally

Brent Oil+1.12%WTI Oil+2.05%

Muhammad Umair

Platinum and Palladium Price Forecast: Oil Above $100 Raises Breakdown Risks

Brent Oil+1.12%GOLD+0.95%PALLADIUM+2.20%

Carolane De Palmas

Record US Diesel Prices Raise Fresh Inflation and Growth Concerns

Brent Oil+1.12%WTI Oil+2.05%

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10

Seasonality

+3.3%

Jan

+3.6%

Feb

+1.8%

Mar

+5.3%

Apr

+2.8%

May

+0.4%

Jun

-1.8%

Jul

-1.1%

Aug

-1.4%

Sep

-3.3%

Oct

-0.1%

Nov

+1.2%

Dec

September averages -1.4% over the last 20 years

Economic Calendar

Crude Oil Price Forecast & Predictions

Technical Outlook

WTI Crude Oil Forecast: Rally Tests $110 Resistance Zone

WTI, Brent Forecast: Supply Risks Keep Oil Prices Supported

Oil News: Saudi Pipeline Outage and China Draws Keep Buyers in Control

Natural Gas and Oil Forecast: Saudi Pipeline Outage Deepens Supply Risk

First Light News: Oil Nears US$110, Treasury Yields Clip 5% as AI Fears Weigh on Sentiment

Oil Price Forecast: Saudi Pipeline Outage Puts $120 in Focus

Hard Assets Are Entering Their Next Explosive Phase – Are You Positioned?

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats From Session Highs As Trump Hints U.S. May Restart Iran Talks

Gold Slides After the Meeting That Did Not Happen

Crude Oil Forecast: Saudi Attack Fuels WTI, Brent Rally

Platinum and Palladium Price Forecast: Oil Above $100 Raises Breakdown Risks

Record US Diesel Prices Raise Fresh Inflation and Growth Concerns

Seasonality