{"id":46446,"date":"2025-05-21T10:35:00","date_gmt":"2025-05-21T13:35:00","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/05\/21\/crude-oil-price-outlook-crude-oil-continues-to-chop-back-and-forth\/"},"modified":"2025-05-21T10:35:00","modified_gmt":"2025-05-21T13:35:00","slug":"crude-oil-price-outlook-crude-oil-continues-to-chop-back-and-forth","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/05\/21\/crude-oil-price-outlook-crude-oil-continues-to-chop-back-and-forth\/","title":{"rendered":"Crude Oil Price Outlook \u2013 Crude Oil Continues to Chop Back and Forth"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<h2 id=\"brent-technical-analysis\">Brent Technical Analysis<\/h2>\n<p><a href=\"https:\/\/www.fxempire.com\/commodities\/brent-crude-oil\">Brent<\/a> markets initially rallied as well, but just like in the other contract, we gave up the gains once we got above the 50 day EMA. This is a market that I think continues to see a lot of noise, somewhere between the $60 level and possibly the $68 level, most certainly $70. So, with that, I think we\u2019ve got a situation where markets are just trying to sort out where to go next.<\/p>\n<p>I do think that if we can break this $68 level, then we\u2019ll start to work our way higher, but we\u2019ll have to see how it plays out. Short-term pullbacks do make sense, with the $60 level underneath being the floor, and I think offer buying opportunities anytime we drop. We have formed a double bottom and that is a good sign, but whether or not it holds, we still have to wait to see.<\/p>\n<p>For a look at all of today\u2019s economic events, check out our <a href=\"https:\/\/www.fxempire.com\/tools\/economic-calendar\">economic calendar.<\/a><\/p>\n<\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Brent Technical Analysis Brent markets initially rallied as well, but just like in the other contract, we gave up the gains once we got above the 50 day EMA. This is a market that I think continues to see a lot of noise, somewhere between the $60 level and possibly the $68 level, most certainly $70. So, with that, I think we\u2019ve got a situation where markets are just trying to sort out where to go next. I do think that if we can break this $68 level, then we\u2019ll start to work our way higher, but we\u2019ll have to see how it plays out. Short-term pullbacks do make sense, with the $60 level underneath being the floor, and I think offer buying opportunities anytime we drop. We have formed a double bottom and that is a good sign, but whether or not it holds, we still have to wait to see. For a look at all of today\u2019s economic events, check out our economic calendar. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":46447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-46446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/46446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=46446"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/46446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/46447"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=46446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=46446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=46446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}