Oil prices are basically stable. The previous gains have since entered a consolidation phase, mainly due to the tightening internal situation in Iran, which has weakened market expectations of Middle Eastern supply disruptions. In simple terms, as long as a real supply crisis does not erupt, crude oil will find it difficult to continue rising. This is an important reference point for commodities and related asset allocations.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
7
Repost
Share
Comment
0/400
GateUser-e51e87c7
· 4h ago
Just consolidate if you want, anyway I already wasn't optimistic about this wave.
View OriginalReply0
MelonField
· 4h ago
Without a real crisis, it won't move up. To put it simply, it still depends on whether the Middle East is really going to blow up or not.
View OriginalReply0
GasFeeCryer
· 4h ago
Basically, without a black swan event, oil prices will stay flat. This round of Middle East tensions was a false alarm.
View OriginalReply0
MEVVictimAlliance
· 4h ago
Whenever the situation in Iran tightens, oil prices cool down—how many times has this trick been played? A real supply crisis must erupt to push oil prices up; otherwise, they are destined to consolidate.
View OriginalReply0
SelfRugger
· 4h ago
It's another consolidation. To be honest, this wave of the Iran situation is still just a false alarm.
View OriginalReply0
fren.eth
· 4h ago
Basically, it was a false alarm. Iran didn't actually bomb anything, so everyone should stay calm.
View OriginalReply0
MEVictim
· 4h ago
Just consolidate sideways, anyway I didn't make much profit. Let's wait for a real black swan event.
Oil prices are basically stable. The previous gains have since entered a consolidation phase, mainly due to the tightening internal situation in Iran, which has weakened market expectations of Middle Eastern supply disruptions. In simple terms, as long as a real supply crisis does not erupt, crude oil will find it difficult to continue rising. This is an important reference point for commodities and related asset allocations.