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Reading: Crude oil——sell near 67.00, target 62.00-60.00 for NYMEX:CL1! by FlyingGoldenVermilion
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Market Analysis

Crude oil——sell near 67.00, target 62.00-60.00 for NYMEX:CL1! by FlyingGoldenVermilion

Last updated: July 7, 2025 12:59 pm
Published: 10 months ago
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Crude oil market analysis:

The recent crude oil daily line began to fluctuate, and entered a stagnant market after a sharp drop. Without the influence of the Middle East situation, it is inevitable that crude oil will start to fall all the way. Crude oil will rebound this week. Pay attention to the suppression of 67.00. Consider selling it close to it. Crude oil rebounds greatly and sells. Sell it when it rebounds slightly. The strong support below is around 63.00 and 60.00.

Fundamental analysis:

Last week, we experienced the Independence Day holiday in the United States, and the suppression of the previous non-agricultural employment data. At present, the data and fundamentals are suppressing gold and crude oil. However, the US dollar did not rise, but kept falling.

Operation suggestion

Crude oil——sell near 67.00, target 62.00-60.00

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