Crude oil shows early signs of a potential bottom after a prolonged decline, but key moving averages and resistance levels will determine whether a recovery continues.

Oil prices slipped back on Wednesday after a brief rebound, with HSBC lowering its crude oil forecasts as improving supply conditions and slower demand growth point to a softer market over the coming quarters.

Goldman Sachs trimmed its 2027 oil forecast, arguing that rising production and weaker demand could outweigh geopolitical disruptions

Gold and silver ease as rising oil prices and a stronger U.S. dollar test key support levels, while geopolitical risk and long-term demand keep the broader outlook constructive.

Buy UKOIL (Brent crude futures/ETN) on a mean-reversion bounce after the oversold flush. The news is supply-positive (Hormuz reopened, surplus risk flagged by multiple banks) and price is already down hard (near $73,

Last year's expected price pressure did not materialize, but next year's will not be a repeat, with growing commercial inventories highly likely.

Morgan Stanley cut its Brent oil forecast to $90 in Q3 and $80 in Q4. Here's what the bank says about energy stock valuations, WTI prices, the Hormuz recovery

Analysts have cut their 2026 oil price forecasts for the first time since the Iran war began, after five straight monthly increases, as ​the reopening of the Strait of Hormuz eases concerns over prolonged supply disruptions,

Traders hedge against euro weakness as oil price surges reshape ECB policy and ripple into crypto markets, with Bitcoin and Ether reacting to energy

Crude oil markets have been thrown into fresh turmoil after a brief truce in the Middle East allowed tanker traffic to resume through the Strait of Hormuz, only for renewed military exchanges to send prices climbing again just as a supply glut appeared to be forming.