Rising oil prices are accelerating a supply glut in the Western Hemisphere, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone argues that growing production and improving technology could drive WTI crude down to $40 a barrel. McGlone explains to David Gura and Christina Ruffini on Bloomberg This Weekend that gas prices are likely to be lower by the midterm elections, but warns that such declines have often coincided with weakness in the stock market.

Source: bloomberg.com

WTI crude oil begins the week near a key level as geopolitical uncertainty continues influencing market sentiment and volatility.

Source: dailyforex.com

Source: news.stocktradersdaily.com

Source: tradingview.com

Source: simplywall.st

Source: simplywall.st

West Texas Intermediate (WTI) Oil price remains steady after two days of losses, trading around $65.40 per barrel during the European hours on Thursday. Crude Oil prices hold steady amid ongoing United States (US)-Iran tensions that threaten potential supply disruptions.

Source: fxstreet.com

As markets price in a potential US-Iran deal amid rising Middle East tensions, WTI crude oil price action is forming a head and shoulders reversal pattern. Meanwhile, gold and silver prices remain capped below 5200 and 90 resistance. Is a commodity breakout coming, or does a breakdown risk dominate?

Source: forex.com

Key Moments WTI trades near $65.40 per barrel during European hours after two consecutive sessions of losses. Traders focus on a third round of US-Iran nuclear negotiations in Geneva, which could reshape geopolitical risk in oil prices. US crude inventories rose by 15.989 million barrels, the largest weekly build since February 2023, highlighting oversupply concerns. […]

Source: tradingpedia.com

Oil prices hold steady as Brent rises 0.3% and WTI gains 0.2%, driven by US-Iran talks and big EIA stock builds, keeping traders alert to global supply and demand shifts.

Source: meyka.com

Oil pullback within strong uptrend: WTI eased 2.4% from its six-month high near $67 after a surprise 16 million-barrel surge in US crude inventories, but remains one of 2026’s top-performing assets with a 14.2% YTD gain.

Source: actionforex.com

Since hitting a 6-month high of around $67/barrel on Feb 19, the price action of WTI crude oil has staged a minor pullback of -2.4% to print an intraday low of around $65.20 on Feb 25.

Source: seekingalpha.com

​​​Technical analysis of the Nasdaq 100 as it rallies while EUR/USD and WTI hold at support.

Source: ig.com

Oil prices edged up 0.3% ahead of U.S.-Iran nuclear talks in Geneva. A deal could remove $10/bbl risk premium as EIA logs a record crude inventory build.

Source: coincentral.com

WTI crude oil appears to have formed a double top pattern on its short-term chart, signaling that the recent recovery from the lower support zone may be running out of steam.

Source: fxdailyreport.com