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Reading: Crude oil —– Sell near 67.50, target 65.00-63.00 for NYMEX:CL1! by NicolaZhu
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Market Analysis

Crude oil —– Sell near 67.50, target 65.00-63.00 for NYMEX:CL1! by NicolaZhu

Last updated: July 24, 2025 11:25 am
Published: 8 months ago
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Crude oil market analysis:

Crude oil has been falling recently, but the decline is not large, and the rebound will not be large. Consider selling crude oil if it rebounds slightly. The crude oil idea is bearish. It is difficult for crude oil to rise sharply without fundamentals, but we insist on taking losses in operation. If there is no loss, a piece of news will make it take off directly. Crude oil focuses on 64.00 support, and suppresses 67.50 and 69.50. Consider selling opportunities when the Asian session rebounds to 67.50.

Fundamental analysis:

Tariffs have not affected the market recently, and no major news has been announced. The market is relatively calm.

Operational suggestions:

Crude oil —– Sell near 67.50, target 65.00-63.00

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