Crude oil futures settled at $96.02 up 2.41%

Articles · 3

• Forexlive6/3/2026, 6:57:59 PM
  Crude oil futures settled at $96.02 up 2.41%

  Crude oil futures settled at $96.02, up 2.41% ($2.26), with prices ranging from $93.45 to $97.00 during the session. The rally was driven by escalating Middle East geopolitical tensions, including stalled U.S.-Iran nuclear talks, reported Iranian missile and drone attacks, and ongoing concerns over Strait of Hormuz shipping disruptions. Technically, crude broke above the May 26 corrective high of $94.71 and traders are now eyeing the 50% retracement level at $98.30 and the $100 psychological level as next upside targets.

  Sentiment 0.30Sim 94%
• Forexlive5/28/2026, 7:31:54 PM
  Crude Oil futures settle up $0.22 at $88.90. Technical bias is to the downside.

  Crude oil futures settled up $0.22 at $88.90 after a volatile session that saw prices swing from a high of $92.52 to a low of $87.11, briefly breaching the 50% retracement level of the December 2025 rally. The intraday reversal was driven in part by news of a potential Iran-related Memorandum of Understanding. Technically, the market remains below both the 100-hour and 200-hour moving averages with a pattern of lower highs, keeping the short-term bias to the downside.

  Sentiment -0.20Sim 92%
• Forexlive5/11/2026, 6:46:39 PM
  Crude oil futures settle at $98.07

  Crude oil futures settled at $98.07, up $2.65 (2.78%) on the day. Price action remained range-bound between the 100-hour moving average support at $96.96 and the 200-hour moving average resistance at $100.74, with the session high of $100.37 falling just short of the upper boundary. A breakout in either direction would define the next directional move, with upside targets at $107.68 and downside levels at $93.74 and $91.60.

  Sentiment 0.20Sim 93%CL