VT Markets APP

تداول في العقود الآجلة (CFD) والذهب وغير ذلك الكثير على FX.

فلتحصل عليها الآن.

روند منفی نفت خام CL-OIL همچنان برقرار است

March 6, 2025

WTI Crude Extends Decline Amid Weak Sentiment

CL-OIL (WTI Crude) continued its downward trend, settling near $66.79 after falling from an intraday high of $68.54.

The commodity remains under pressure as supply-side concerns and global trade uncertainties dampen market confidence. Despite a modest technical rebound, oil prices remain fragile, struggling to hold gains.

Trade Uncertainty Adds to Bearish Momentum

U.S. trade policies remain a key driver of market sentiment. New tariffs on Canada, Mexico, and China raise concerns over disrupted crude flows and weakened global economic growth. Additionally, OPEC+ confirmed production hikes starting in April, further exacerbating oversupply risks.

Technical Analysis

Picture: CL-OIL rebounds to 66.790 after testing support at 65.21, with signs of recovery emerging, as seen on the VT Markets app.

CL-OIL dropped 1.87%, closing at 66.790 after opening at 68.063. The price hit a high of 66.840 and a low of 66.305, reflecting bearish momentum.

The moving averages (MA 5,10,30) indicate a downward trend, with short-term MAs below the longer-term average. The MACD (12,26,9) histogram has turned positive after a deep negative phase, suggesting early signs of a potential recovery.

Key support is at 65.21, while resistance is at 68.54. A breakout above resistance could trigger further upside, while failure to hold support may lead to extended losses.

Market Outlook

WTI crude remains under pressure as traders weigh supply risks and global economic uncertainty. Market participants are closely watching trade policies and economic data, which could influence demand trends.

ایجاد حساب زنده VT Markets خود را و شروع به تجارت کنید.

اکنون تجارت را شروع کنید – برای ایجاد حساب VT Markets زنده خود اینجا را کلیک کنید