About Crude Oil
Oil prices are a key indicator of global energy costs. Supply disruptions, inventories and growth expectations are major price drivers.
Key factors affecting the price
- OPEC+ production decisions
- US oil inventories
- Global growth outlook
- Geopolitical supply risks
How should technical analysis be read?
Candlesticks show the opening, high, low and closing prices. SMA and EMA help track the trend, RSI measures momentum, and MACD helps assess trend strength and possible direction changes. Decisions should not rely on a single indicator.
The information and signals shown here are not investment advice. Data may be delayed due to market conditions.