Oil - Crude (WTI)Oil - Crude (WTI)Oil - Crude (WTI)

Oil - Crude (WTI)

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USOIL us Market and Indian market not opening properly india market fault any body face the problem

USOIL Trump announces total blockade of Venezuela's sanctioned oil tankers.

This is actually an act of war according to international law.

USOIL Entry (Buy): 55.00 – 55.30
(Current price is sitting near a demand/support zone after a sharp sell-off)

Stop Loss (SL): 51.90 – 52.10
(Below recent swing low & liquidity sweep)

Targets (TP):

TP1: 58.00

TP2: 60.00

Final TP: 65.00 ✅ (as marked on my chart)

Strong support zone around 55
Price looks overextended to the downside → pullback expected
Previous structure suggests mean reversion
Risk–Reward is favorable (RR > 1:3)
Confirmation (Recommended)
Enter only if you see on H1 / M15:
Bullish engulfing OR
Strong rejection wick from 55
Volume expansion on bullish candle

tradingview.com/x/3ybhuPlL
Snapshot




XTIUSD 🌍 Fundamental Analysis & Macro Economics 🌍
Global oil markets are navigating a significant supply surplus, with production growth outpacing consumption. Non-OPEC+ output, particularly from the Americas, continues to expand robustly. OPEC+ has implemented a modest production increase for December while pausing further hikes in early 2026 to account for seasonal demand patterns. Geopolitical tensions provide occasional support, but persistent oversupply dynamics dominate, contributing to downward price momentum.

Economic growth worldwide is projected at a moderate pace, supporting steady but subdued oil consumption. Key drivers include resilient activity in emerging markets offset by slower expansion in advanced economies.

💼 Interest Rates & Inflation Rates 💼
The Federal Reserve has maintained a cautious stance, with the federal funds rate in a supportive range following gradual adjustments. Inflation metrics remain elevated but stable, influencing energy costs indirectly through broader economic conditions.

📈 Economic Growth & Jobs Market 📈
Global GDP expansion is steady yet below long-term trends, with labor markets showing resilience in major economies. Employment indicators reflect balanced conditions, aiding consistent energy use in transportation and industry.

🛢️ Bank Orders & Seasonal Tendencies 🛢️
Production adjustments by major groups emphasize market management amid winter demand buildup. Historically, late-year periods often see transitional weakness transitioning into potential early-year strength as heating needs rise.

😎 Trader Sentiment Outlook 😎
Institutional positioning indicates hedging against downside risks in a surplus environment. Retail crowd sentiment leans cautious, mirroring broader commodity mood.

🧘 Overall Investor Mood: Fear & Greed 🧘
Market mood reflects elevated caution amid supply dominance, leaning toward fear in the current cycle.

🔗 Correlations 🔗
Oil shows typical inverse behavior with the US dollar strength, while aligning more closely with risk assets like equities during periods of economic uncertainty.

⚖️ Overall Market Outlook Score ⚖️
Bear (Short) – Supply overhang and moderated demand growth point to continued pressure in the near term. 🐻

USOIL
i think crudeoil is taking support here
best buy price near 55.10
can take small qty
and hold if possible for one week.
can test 57.
but low qty only.
your money is your responsibility.

USOIL Some buying pressure at last, but how long it lasts is anyone's guess, as said earlier there should be some sort of reaction or this is doomed
Snapshot

USOIL
Alert again don't buy blindly
wait for confirmation
at least a minimum of one day above the previous day's high closing.
CMP 55.20